Web business computing tool in support to photovoltaic prosumers

Abstract

Electricity is one of the most essential keys in the evolution of nowadays civilization. Nevertheless, huge levels of electric power production and consumption could cause a negative impact on the environment, such as poor air quality, greenhouse emissions, climate change, and ecological disasters. Consequently, today's society needs sustainable solutions that can meet the geopolitical, socio-economic and climatic difficulties that energy production requires. Understanding this, international development programs have been modified approaching the use of sustainable sources of energy, which are gradually becoming economically viable. Among the valid options, photovoltaic (PV) systems have reached both the general and industrial public, becoming a sustainable energy source. Given these things, to gain a boost and to maintain a vital position in the market, it is necessary for prosumers to be aware and to recognize the mobility of characteristics in the fields of finance sphere, but also the structure of indicators able to measure a specific reality. We are calling it "specific reality" because we do not have enough business intelligence instruments in this sector and according to Eurostat, in 2020 only 3.09% of the electricity production in Romania came from photovoltaic panels and the increase was below one percent compared with 2019 when it was only 2.98%. The output power of a solar installation can be measured in several ways, including the competitiveness of the photovoltaic installations. To manipulate and guide the performances in this segment, we need Success Assessment Tools, that check a collection of characteristics used to calculate the outcomes and profitability of a prosumer’s movements. According to National Energy Regulatory Authority, in May 2020 there were only 514 prosumers in Romania (455 individuals, 59 legal entities). A huge untapped opportunity could be represented in Romania by individual households. According to a study custom-built by the European Commission, published in 2017, the theoretical Romanian potential would be about 3.36 million residential prosumers.