Artur Santa Catarina, Gisele de Lorena Diniz Chaves
{"title":"Competitiveness of utility-scale solar photovoltaic power generation in Brazil from 2014 to 2022","authors":"Artur Santa Catarina, Gisele de Lorena Diniz Chaves","doi":"10.1016/j.jup.2025.102013","DOIUrl":null,"url":null,"abstract":"<div><div>This analysis examines the economic competitiveness of 194 photovoltaic power projects, based on data from energy auctions from 2014 to 2022, to provide an overview of the expected performance of these projects using the Levelized Cost of Energy (LCOE). The aim is to identify relevant trends for the development of renewable energy policies. Despite the evolution in the LCOE, we found that the energy prices are substantially lower than the LCOE, indicating that these projects are, on average, economically infeasible, raising concerns for policymakers.</div></div>","PeriodicalId":23554,"journal":{"name":"Utilities Policy","volume":"96 ","pages":"Article 102013"},"PeriodicalIF":4.4000,"publicationDate":"2025-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Utilities Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0957178725001286","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ENERGY & FUELS","Score":null,"Total":0}
引用次数: 0
Abstract
This analysis examines the economic competitiveness of 194 photovoltaic power projects, based on data from energy auctions from 2014 to 2022, to provide an overview of the expected performance of these projects using the Levelized Cost of Energy (LCOE). The aim is to identify relevant trends for the development of renewable energy policies. Despite the evolution in the LCOE, we found that the energy prices are substantially lower than the LCOE, indicating that these projects are, on average, economically infeasible, raising concerns for policymakers.
期刊介绍:
Utilities Policy is deliberately international, interdisciplinary, and intersectoral. Articles address utility trends and issues in both developed and developing economies. Authors and reviewers come from various disciplines, including economics, political science, sociology, law, finance, accounting, management, and engineering. Areas of focus include the utility and network industries providing essential electricity, natural gas, water and wastewater, solid waste, communications, broadband, postal, and public transportation services.
Utilities Policy invites submissions that apply various quantitative and qualitative methods. Contributions are welcome from both established and emerging scholars as well as accomplished practitioners. Interdisciplinary, comparative, and applied works are encouraged. Submissions to the journal should have a clear focus on governance, performance, and/or analysis of public utilities with an aim toward informing the policymaking process and providing recommendations as appropriate. Relevant topics and issues include but are not limited to industry structures and ownership, market design and dynamics, economic development, resource planning, system modeling, accounting and finance, infrastructure investment, supply and demand efficiency, strategic management and productivity, network operations and integration, supply chains, adaptation and flexibility, service-quality standards, benchmarking and metrics, benefit-cost analysis, behavior and incentives, pricing and demand response, economic and environmental regulation, regulatory performance and impact, restructuring and deregulation, and policy institutions.