This book analyses the economic and environmental aspects of installing photovoltaic facilities
for residential electricity users and determines whether the installation of photovoltaic units
behind the meter makes sense and if so the best economic size to install. It explores the use
of photovoltaic capacity to meet electricity requirements by generating enough for immediate
use without feeding surplus electricity into the grid and without using storage. The authors
illustrate this approach by examining various power photovoltaic capacities in locations such
as Marseille Madrid and Seville which use hourly demand data provided by smart meters. They
also show the possibility of developing energy self-consumption compatible with the operation
of the network making use of information from smart meters. Discussing how photovoltaic
facilities are profitable from both an economic and an environmental point of view this book
is a valuable resource for researchers and private investors. It is also of interest to
practitioners and academics as the results presented are of importance for the near future.