Recording of Thursday, June 20, 2024 | The smarter E Europe 2024 | Exhibition Program | Language: English | Duration: 11:05 .
Caroline Plaza from the Becquerel Institute in France discussed the economic attractiveness of agrivoltaics (agri-PV) across various use cases. She introduced the institute as a consultancy and research center that engages in global consultation missions and supports associations like IEPVP's program. The diversity of agri-PV systems, such as ground-mounted PV for grazing areas or elevated PV with trackers to optimize light for crops, was highlighted. These diverse systems come with distinct costs, advantages, and regulatory considerations depending on country-specific definitions of agrivoltaics. A critical metric used in their analysis is the Levelized Cost Of Electricity (LCOE), which varies based on system adaptations and agricultural integration methods. Elevated or tracking systems may present higher capital expenditures but can also offer significant benefits by favoring crop growth. The profitability of these setups isn't solely determined by LCOE; it also depends on business models allowed by regulation—a factor varying significantly between countries. In most evaluated cases, revenue from PV surpasses that generated through agriculture alone, underscoring its predominant influence when assessing combined profitability.
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Agricultural PV is on the rise - in many European countries, this application, which combines agriculture and PV on the same piece of land, is on the verge of a market breakthrough. The beneficial effects of PV systems on many types of crops as well as dual land use and protecting agricultural activity by avoiding competition for land are some clear advantages. In this session, pioneering agricultural PV companies will present their projects and best practices, demonstrate the profitability of agricultural PV and the benefits of this combination for agriculture and power generation.
Further Talks of this session: