LAPSE:2023.29416
Published Article
LAPSE:2023.29416
Citizen Participation to Finance PV Power Plants Focused on Self-Consumption on Company Roofs—Findings from an Austrian Case Study
Matthias Linhart, Valerie Rodin, Simon Moser, Andrea Kollmann
April 13, 2023
Despite large amounts of available roof space, long pay-back periods for investments in photovoltaic (PV) power plants often hinder PV installations in industrial parks. Photovoltaic citizen participation initiatives (PV-CPI) are an alternative way of financing PV power plants that add non-financial benefits to these investments. This paper analyzed the feasibility of the installation of PV power plants focused on high rates of self-consumption financed by citizen participation initiatives on the roofs of five companies located in the Austrian Ennshafen industrial business park based on the net present value and the discounted pay-back period and compared it to a standard financing scheme, assuming a predetermined interest rate for participants as well as economies of scale with respect to the specific installation costs due to a joint purchase of the PV power plants. To calculate the feasibility, site-specific data and literature input have been used. The results show that despite an interest rate above the current interest rates of conservative forms of investments provided to (small-scale) investors, a payback-period of 17−23 years can be reached while the joint purchase can lead to a competitive feasibility of the PV-CPI compared to an individual purchase of PV power plants.
Keywords
case study, citizen participation initiative, energy cooperation, feasibility, photovoltaic power plants, self-consumption
Suggested Citation
Linhart M, Rodin V, Moser S, Kollmann A. Citizen Participation to Finance PV Power Plants Focused on Self-Consumption on Company Roofs—Findings from an Austrian Case Study. (2023). LAPSE:2023.29416
Author Affiliations
Linhart M: Department of Energy Economics, Energy Institute at the Johannes Kepler University, A-4040 Linz, Austria
Rodin V: Department of Energy Technology, Energy Institute at the Johannes Kepler University, A-4040 Linz, Austria [ORCID]
Moser S: Department of Energy Economics, Energy Institute at the Johannes Kepler University, A-4040 Linz, Austria [ORCID]
Kollmann A: Department of Energy Economics, Energy Institute at the Johannes Kepler University, A-4040 Linz, Austria
Journal Name
Energies
Volume
14
Issue
3
First Page
738
Year
2021
Publication Date
2021-01-31
Published Version
ISSN
1996-1073
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Original Submission
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PII: en14030738, Publication Type: Journal Article
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doi:10.3390/en14030738
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Apr 13, 2023
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