Evaluation of the economic indicators of a company-prosumer using photovoltaics

Adam Pawliczek; Jarmila  Zimmermannova

doi:10.23762/FSO_VOL6_NO4_4

Published : 2018-10-05

Vol. 6 No. 4 (2018)

Evaluation of the economic indicators of a company-prosumer using photovoltaics

Adam Pawliczek

Jarmila Zimmermannova

DOI: https://doi.org/10.23762/FSO_VOL6_NO4_4

Abstract

The number of companies using photovoltaics for the purposes of self-production of electricity is increasing. Generally, we can observe a new category of economic subjects – prosumers, which are simultaneously consumers and producers of selected goods, in this case electricity. The main goal of this paper is to evaluate the economic parameters of the
company-prosumer, focusing on a selected administrative building which consumes both electricity from the grid and self-produced electricity. The system is not equipped with a
battery; therefore the entire amount of electricity produced is consumed within the company. Firstly, the policy background and a literature overview connected with the issue of prosumers will be presented. The methodological section will focus on data sources and parameters for the model of a companyprosumer and a description of economic indicators used in the evaluation. The technical and economic parameters of the case study will be described. The Results chapter will firstly show the possible relationships between the amount of electricity produced by the photovoltaic power plant and selected natural conditions of the locality. Subsequently, particular economic indicators for the selected company-prosumer will be presented, using two scenarios with different electricity price tariff regimes. Generally, the case study is focused on the photovoltaics installed on the roof of an administrative building located in Olomouc, Czech Republic. Based on the results from the developed company-prosumer model, we can say that the economic indicators of the particular photovoltaic projects, and simultaneously the payback period, are highly sensitive to the price of electricity purchased from the grid and to the particular purchase price tariffs.

Keywords:

Companies, economic indicators, photovoltaics, prosumers, sustainability

Details

References

Statistics

Authors

Download files

PDF

Citation rules

Adam Pawliczek, & Zimmermannova, J. . (2018). Evaluation of the economic indicators of a company-prosumer using photovoltaics. Forum Scientiae Oeconomia, 6(4), 51–64. https://doi.org/10.23762/FSO_VOL6_NO4_4

Altmetric indicators

Cited by / Share

References

Bellekom, S., Arentsen, M., Van Gorkum, K. (2016), Prosumption and the distribution and supply of electricity, Energy, Sustainability and Society, 6(1): 22.

Bruni, G., Cordiner, S., Mulone, V., Rocco, V., Spagnolo, F. (2015), A study on the energy management in domestic microgrids based on model predictive control strategies, Energy Conversion and Management, 102: 50-58.

Czech Statistical Office (CZSO) (2018), Consumer prices, available at: https://www.czso.cz/csu/czso/inflation_consumer_prices_ekon (accessed 27 September 2018).

Duman, C.C., Güler, Ö., (2018) Techno-economic analysis of off-grid PV/wind/fuelcell hybrid system combinations with a comparison of regularly and seasonally occupied households, Sustainable Cities and Society, 42: 107-126.

Dvorsky, J., Sopkova, G., Janoskova, M. (2017), Evaluation of the social environment and access to financial resources for business: case study of the Czech and Slovak Republic, Ekonomicko-manazerske spektrum, 11(1): 62-73.

Flaute, M., Großman, A., Lutz, C., Nieters, A. (2017), Macroeconomic effects of prosumer households in Germany, International Journal of Energy Economics and Policy, 7(1): 146-155.

Green, R., Staffell, I. (2017), “Prosumage” and the British electricity market, Economics of Energy & Environmental Policy, 6(1): 33-50.

Huang, J., Boland, J., Liu, W., Xu, Ch., Zang, H. (2018), A decision-making tool for determination of storage capacity in grid-connected PV systems, Renewable Energy, 128 A: 299-304.

Kliestikova, J., Krizanova, A., Corejova, T., Kral, P., Spuchlakova, E. (2018), Subsidies to increase remote pollution? Science and Engineering Ethics, 24(2): 755-767.

Lave, M., Kleissl, J. (2013), Cloud speed impact on solar variability scaling – Application to the wavelet variability model, Solar Energy, 91: 11-21.

Laws, N. D., Anderson, K., DiOrio, N. A., Li, X., McLaren, J. (2018), Impacts of valuing resilience on cost-optimal PV and storage systems for commercial buildings, Renewable Energy, 127: 896-909.

MIT (Ministry of Industry and Trade of the Czech Republic) (2015), National Action Plan for Smart Grids (NAP SG), available online at: https:// www.mpo.cz (accessed 27 September 2018).

Oláh, J., Karmazin, Gy., Máté, D., Grabara, J.K., Popp, J. (2017), The effect of acquisition moves on income, pre-tax profits and future strategy of logistics firms, Journal of International Studies, 10(4): 233-245.

Olkkonen, L., Korjonen-Kuusipuro, K., Grönberg, I. (2017), Redefining a stakeholder relation: Finnish energy “prosumers” as co-producers. Environmental Innovation and Societal Transitions, 24: 57-66.

Pawliczek, A. (2011), Czech photovoltaic business and sustainable development, The International Conference “Hradec Economic Days 2011”, Peer-reviewed Conference Proceedings, Hradec Králové: Gaudeamus, 214-218.

Pechmann, A., Schöler, I., Ernst, S. (2016), Possibilities for CO2-neutral manufacturing with attractive energy costs, Journal of Cleaner Production, 138(2): 287-297.

Perković, L., Mikulčić, H., Duić, N. (2017), Multi-objective optimization of a simplified factory model acting as a prosumer on the electricity market, Journal of Cleaner Production, 167: 1438-1449.

Popp, J., Kot, S., Lakner, Z., Oláh, J. (2018a), Biofuel use: Peculiarities and implications, Journal of Security and Sustainability Issues, 7(3): 477-493.

Popp, J., Oláh, J., Farkas Fekete, M. Lakner, Z., Máté, D. (2018b), The relationship between prices of various metals, oil and scarcity, Energies 2018, 11(9), 2392.

Skorek-Osikowska, A., Remiorz, L., Bartela, Ł., Kotowicz, J. (2017), Potential for the use of micro-cogeneration prosumer systems based on the Stirling engine with an example in the Polish market, Energy, 133: 46-61.

Yong, J.Y., Klemeš, J.J., Varbanov, P.S., Huisingh, D. (2016), Cleaner energy for cleaner production: modelling, simulation, optimisation and waste management, Journal of Cleaner Production, 111: 1-16.

Zajaczkowska, M. (2016), Prospects for the development of prosumer energy in Poland, Oeconomia Copernicana, 7(3): 439-449.

Zimmermannová, J., Pawliczek, A., Čermák, P. (2018), Public support of solar electricity and its impact on households – prosumers, Organizacija, 51(1): 4-19.

Zimmermannová, J., Skaličková, J., Široký, J. (2016), Regional tax revenues as the indicators of economic activity of regions in the Czech Republic, Economics and Sociology, 9 (1): 114-128.

Zuccari F. et al. (2016), Simulation of operating conditions of a home energy system composed by home appliances and integrated PV powerplant with storage, Energy Procedia, 101: 456-463.

Adam Pawliczek

adam.pawliczek@mvso.cz

Affiliation:

Moravian Business College Olomouc (MVSO), Olomouc Czechia

Bio Statement (e.g., department and rank)

Adam Pawliczek is Associate Professor and Head of the Department of Management and Marketing at the Moravian Business College Olomouc, Czech Republic. His research focuses on SMEs and household economics, management tools and renewable energy. He has published more than 40 articles in scientific journals and proceedings of international conferences.

Jarmila Zimmermannova

jarmila.zimmermannova@mvso.cz

Affiliation:

Jarmila Zimmermannova1 e-mail: jarmila.zimmermannova@mvso.cz Moravian Business College Olomouc (MVSO), Olomouc, Czech Republic Czechia

Bio Statement (e.g., department and rank)

Jarmila Zimmermannova is Associate Professor and a Rector of the Moravian Business College Olomouc, Czech Republic. From 2003 to 2009, she worked at the Ministry of the Environment of the Czech Republic. Her
research focuses on the financial and economic instruments of environmental policy, mainly ex-ante and ex-post analyses of particular economic instruments in the field of air and climate protection. She is the author
of a number of scientific articles and the monograph “Environmental Taxation and Modelling its Impacts”.

1
e-mail: jarmila.zimmermannova@mvso.cz