Analysis of Financial Parameters for a Combined Photovoltaic/LED Intelligent Lighting Low Voltage Distributed Generation

Abstract

Romania has a good natural potential for all renewable sources: solar, wind, biomass, geothermal. To reach at economic practicability of renewable energy sources (RES), Romania needs to accelerate the development of the national RES industry and to remove several legal and administrative barriers. To develop the potential of RES and reach the targets, Romania has established a legal and institutional framework appropriate for promoting the use of renewable energy sources. According to the Directive 2009/28/EC on the promotion of the use of energy from renewable sources the target for the share of energy from renewable sources in gross final consumption of energy in the year 2020 for Romania is 24%. In Romania there is a mandatory quota system accompanied by Green Certificates (GC) system. For the period 2020-2030, the quotas shall be set through a governmental decision and cannot be lower than the quota for 2020. The research is about of renewable energy sources implemented by a photovoltaic system in a pilot project and the electricity used in in-house consumption. The objectives consist in producing of electricity from renewable sources (solar-photovoltaic sources), environment protection, using the new technology and energy efficiency having in attention for better human life.