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Price development of photovoltaic modules, inverters, and systems in The Netherlands in 2012

descriptionPublicationkeyboard_double_arrow_right Conference object , Article , Journal 01 Jun 2013 Netherlands Publisher:IEEEJournal:2013 IEEE 39th Photovoltaic Specialists Conference (PVSC) PART 2

Authors: Wilfried G.J.H.M. van Sark; Peter Muizebelt; Jadranka Cace; Arthur de Vries; Peer de Rijk;

doi: 10.1109/pvsc-vol2.2013.7179247 , 10.1016/j.renene.2014.05.008

Price development of photovoltaic modules, inverters, and systems in The Netherlands in 2012

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Abstract

Since 2010 the Dutch photovoltaic (PV) market has been growing fast, with around doubling of installed capacity in 2011 and 2012. Four quarterly inventories have been made in 2012 for modules, inverters, and systems that are presently available for purchase in the Netherlands. We have found that the average selling price of modules, inverters, and systems decreased with 44.3, 14, and 7.3-10.2%, respectively: average selling prices are 1.26 €/Wp, 0.41 €/Wp, and 1.46 €/Wp for modules, inverters, and systems on tilted roofs, respectively, at the end of 2012. Average installation costs amount to 0.43 €/Wp. Using an energy yield of 900 kWh/kWp, 25 years system lifetime, 6% discount rate, and 1% operation and maintenance (O&M) cost, a levelized cost of electricity (LCOE) is calculated for a 2.5. kWp system to be 0.194 €/kWh for a system price of 1.98 €/Wp (including installation). Grid parity conditions are apparent, with electricity retail prices of around 0.23 €/kWh.

Country

Netherlands

Related Organizations

Utrecht University
Netherlands

Keywords

System, PV market, Sustainability and the Environment, Renewable Energy, Sustainability and the Environment, Price development, Grid parity, PV module, valorisation, Taverne, Inverter, SDG 7 - Affordable and Clean Energy, Renewable Energy

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