Table 1 Environment Parameters (At the Time of the Study)
From: Comparing solar photovoltaic and battery adoption in Ontario and Germany: an agent-based approach
Variable | Definition | Source |
|---|---|---|
FiT price ($/kWh) | Price for each unit of electricity generated. | The FiT price for rooftop PV systems smaller than 10kW in Ontario was $0.384/kWh (IESO 2015a) and in Germany was €0.125/kWh (BNetzA 2015b). |
ToU Electricity Price | Price of electricity depending on the time of day, day of week, and season. | Figure 1 shows the ToU prices in OntarioFootnote 7. Germany does not have ToU prices: the price of grid electricity is €0.295/kWh (Eurostat 2016), (Statista 2017) |
Installed Solar PV price ($/kW) | Purchase and installation cost of PV systems. | Figure 2 (SunSmart Solar 2016) shows the price per kW for different kW capacities in Ontario and Fig. 3 shows the price for different PV capacities in Germany(BDEW 2015b). |
Installed Battery Price ($/kWh) | Purchase and installation cost of a battery storage system. | Given market trends, we use $1,500/kWh in Ontario (Shahan 2015) and €1000/kWh in Germany (Wirth and Schneider 2015) |