DeepResource

Observing the world of renewable energy and sustainable living

Solar Grid Parity in Germany, Holland, Italy, California and Australia

PVgridparity_Snapshot3March2015
Notably in Germany and Holland it pays to invest in domestic solar energy

LCOE = Levelised cost of energy [*]

[iea.org] – Technology Roadmap, Solar Photovoltaic Energy – 2014

[*] – The LCOE represents the present value of the total cost (overnight capital cost, fuel cost, fixed and variable operation and maintenance costs, and financing costs) of building and operating a generating plant over an assumed financial life and duty cycle, converted to equal annual payments, given an assumed utilisation, and expressed in terms of real money to remove inflation.

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