Determining profits for solar energy with remote sensing data

The objects of the article are to determine the profits for solar energy integrating remote sensing data: the optimal locations of photovoltaic and the base price of electricity resulting from solar energy. An illustrated experiment with five European countries data sets is taken. Results indicate that Germany is the only optimal region to set up photovoltaic so as to satisfy the electricity demand of the five considered. Results also show that solar energy is a promising energy source since the highest base price of electricity resulting from solar energy is only 0.35 $/kWh. The base electricity price for Germany is the lowest whereas the base electricity price for Italy is the highest. Moreover, the results further indicate that the photovoltaic module price plays a key role in determining the best appropriate region(s) to install photovoltaic and the base electricity price.