Will Sweden Join the Solar Boom? Financial Appraisal of Distributed Photovoltaic Generation in Residential Applications.

Master thesis in Sustainable Development 254

Examensarbete i Hållbar utveckling

Will Sweden Join the Solar Boom?

Financial Appraisal of Distributed Photovoltaic Generation in

Residential Applications

Jan Cihlar

Master thesis in Sustainable Development

Examensarbete i Hållbar utveckling

DEPARTMENT OF EARTH SCIENCES

I N S T I T U T I O N E N F Ö R G E O V E T E N S K A P E R

Master thesis in Sustainable Development 254

Examensarbete i Hållbar utveckling

Will Sweden Join the Solar Boom?

Financial Appraisal of Distributed Photovoltaic Generation in Residential Applications

Jan Cihlar

Supervisor: Hans Liljenström

Evaluator: Hans Bergström

Copyright © Jan Cihlar and the Department of Earth Sciences, Uppsala University

Published at Department of Earth Sciences, Uppsala University (www.geo.uu.se), Uppsala, 2015

Contents

1 Introduction ... 1

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2 Background ... 3

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3 Photovoltaics ... 7

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4 Photovoltaics in Sweden ... 16

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5 Methods; financial appraisal of distributed photovoltaic generation ... 25

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6 Results of financial appraisal ... 35

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Will Sweden Join the Solar Boom? Financial Appraisal of

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3.3 Efficiency and estimated electricity yield

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3.4 Example of lifecycle attributes

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0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25

NOMINAL POWER PERFORMANCE (%)

YEAR AFTER INSTLLATION

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 Figure 3-3 Harmonized results of lifecycle greenhouse gas estimates for various types of energy sources

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4 Photovoltaics in Sweden

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