The COVID-19 pandemic and the Russian invasion of Ukraine have led to unseen disruptions in the global energy markets since the end of 2021. Residential renewable investments like photovoltaic systems, battery home storage systems, and heat pumps are therefore gaining traction. However, the benefits of those technologies during the energy crisis and beyond have not been fully quantified yet. Therefore, in this study, we benchmark renewable investments for a broad variety of single-family homes by evaluating potential cost savings and emission reductions. In addition, the study considers the influence of recent political incentives and subsidies. The results show that photovoltaic systems are a no-regret investment decision, both economically and environmentally. At the climax of the energy crisis, a typical German household with a heat pump could save 1850 € and reduce equivalent CO2 emissions by 250 g/kWh annually. Politically introduced price breaks on electricity and natural gas do not reverse this advantage. Furthermore, when owning an electric vehicle renewable investments are often more beneficial.
The emergence of electric vehicles offers the opportunity to decarbonize the transportation and mobility sector. With smart charging strategies and the use of electricity generated from renewable sources, electric vehicle owners can reduce their electricity bill as well as reduce their carbon footprint. We investigated smart charging strategies for electric vehicle charging at household and workplace sites with photovoltaic systems. Furthermore, we investigated the participation of an electric vehicle in the provision of positive automatic frequency restoration reserve (aFRR) in Germany from 30 October 2018 to 31 July 2019. We find that the provision of positive aFRR in Germany returns a positive net return. The positive net return is, however, not sufficient to cover the current investment cost for a necessary control unit. For home charging, we find that self-sufficiency rates of up to 48.1% and an electricity cost reduction of 17.6% for one year can be reached with unidirectional smart charging strategies. With bidirectional strategies, self-sufficiency rates of up to 56.7% for home charging and electricity cost reductions of up to 26.1% are reached. We also find that electric vehicle (EV) owners who can charge at their workplace can reduce their electricity cost further. The impact of smart charging strategies on battery aging is also discussed.
The implementation of photovoltaic and home storage systems in multi-family houses (MFHs) in Germany lags significantly behind their development in single-family houses. The Landlord-to-Tenant (L2T) power supply model is meant to reduce this gap, yet few projects have been implemented to date. In this model, the landlord must fulfill the tenants’ power demand through a combination of photovoltaic generation and storage and electricity from the grid, for which the landlord pays an auxiliary electricity price that greatly influences the financial viability of a project. Our contribution focuses on the impact of electricity price variations and recent policy changes on the financial viability of small-scale L2T concepts. We considered component investment costs, building sizes, photovoltaic yields, and future developments. Recent policy changes have improved the financial viability of L2T projects, increasing the maximal auxiliary electricity price for which an investment is viable by 13 ct/kWh for a four-party MFH. Minimal auxiliary electricity prices justifying the installation of home storage systems (HSSs) decreased by 9 ct/kWh from 2020 to 2023. Autarky rates are substantially different across the considered scenarios, with the autarky rate being defined as the percentage of consumption of self-generated energy relative to the total energy consumption. For a 22-party MFH the autarky rate decreases by 17% compared to a 4-party MFH. HSSs have the potential to increase autarky rates while maintaining the financial viability of L2T projects.