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Economic Analysis of Leaving the Grid

  • Kaveh Rajab Khalilpour
  • Anthony Vassallo
Chapter
  • 660 Downloads
Part of the Green Energy and Technology book series (GREEN)

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.

Keywords

Electricity Price Grid Independence Battery System Electricity Tariff Battery Size 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media Singapore 2016

Authors and Affiliations

  • Kaveh Rajab Khalilpour
    • 1
  • Anthony Vassallo
    • 1
  1. 1.School of Chemical and Biomolecular EngineeringUniversity of SydneySydneyAustralia

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