Analysis of feed-in tariff policies for solar photovoltaic in China 2011–2016

By L. Ye, João F. D. Rodrigues, Hai-Xiang Lin. 2017

158 citations recorded by the source corpus.

In 2011 China initiated policies to promote the adoption of solar photovoltaic (PV) using feed-in tariff (FIT) policies. Since then the PV domestic market expanded substantially. In the past six years, the FIT policies were updated (adjustment of tariff levels, division of three FIT regions, setting of installation quotas) to address emerging problems such as PV waste, explosive installation, unbalanced spatial distribution. This paper aims to investigate the historical development and implementation of FIT policies in China from 2011 to 2016. The tools of net present value (NPV)/internal rate of return (IRR), learning curve and the system dynamics are employed to show the degree of economic incentives of FIT policies, to understand the learning rate of centralized PV systems, and to study the dynamic mechanism of the FIT system. We conclude that in the near term the tariff levels should be adjusted more frequently to keep IRR values in the range of 8–12%, and a tight quota combined with the deployment of ultra-high voltage (UHV) lines should be continued for the provinces with severe PV waste.

Subfields: Economics and Econometrics, Electrical and Electronic Engineering, Pollution

View Paper: https://www.semanticscholar.org/paper/85be8979e16e8f5900b320fc43e3373a2059bb54

How researchers see this paper

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In Economics and Econometrics

1. Tapan Kumar Saha
2. Malcolm Duncan McCulloch
3. Chau Yuen
4. H. Vincent Poor
5. Wayes Tushar
6. Thomas Morstyn

In Electrical and Electronic Engineering

1. Chau Yuen
2. H. Vincent Poor
3. Wayes Tushar
4. Tapan Kumar Saha
5. David B. Smith
6. Malcolm Duncan McCulloch
7. Thomas Morstyn
8. Yuanwei Liu

In Pollution

1. Tapan Kumar Saha
2. Malcolm Duncan McCulloch
3. Chau Yuen
4. H. Vincent Poor
5. Wayes Tushar

Citations in the corpus

• Peer-to-Peer Trading in Electricity Networks: An Overview (2020, methodology): “Given this context, feed-in-tariff (FiT) has been used extensively to enable prosumers to participate in energy trading [2].”
• A Motivational Game-Theoretic Approach for Peer-to-Peer Energy Trading in the Smart Grid (2019, methodology): “Examples of such strategies include direct method [5], indirect method [4], and feed-in-tariff (FiT) [6] scheme.”