Abstract
The recent rapid decline in PV prices has brought grid parity or near-grid parity for PV power in many countries. Together with the expectation of a similar reduction for battery prices, this situation has prompted a new wave of social, industrial, and academic discussion about the possibility of installing PV-Battery systems and “leaving the grid” or “living off-grid.” This trend, if uncontrolled, has been termed the “death spiral” for utility companies. In this chapter, we utilize a rigorous optimization methodology to assess the feasibility of leaving the grid.
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Khalilpour, K.R., Vassallo, A. (2016). Economic Analysis of Leaving the Grid. In: Community Energy Networks With Storage. Green Energy and Technology. Springer, Singapore. https://doi.org/10.1007/978-981-287-652-2_7
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DOI: https://doi.org/10.1007/978-981-287-652-2_7
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