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- W3036453346 startingPage "012022" @default.
- W3036453346 abstract "Chinese government announced to phase out photovoltaic (PV) generation subsidies in following years, which made analysis of economic feasibility of grid-parity crucial. We present an expression of levelized cost of electricity (LCOE) consistent with Chinese situation, which takes comprehensive life cycle cost, region-specific capital cost, and tax effect into consideration. Based on LCOE calculation, we make regional grid-parity estimation by comparing utility-scale PV LCOE to government benchmark price. Results show a constant progress to achieve grid-parity for utility-scale PV in China. By 2030, most regions will achieve grid-parity of large scale PV projects. More than half of the regions will achieve grid-parity before 2022. Policy suggestions are: (1) Policy should be made to improve developers' access to low-cost financing; (2) To reduce investment cost, favourable mechanisms related to the profit sharing between land owner and developer could be developed. Local government could also support PV by lowering land tax and fees; (3) Government should plan to construct cross-regional transmission line for PV. In this way, northwest power could be transmitted to middle or eastern China and achieve remote grid-parity." @default.
- W3036453346 created "2020-06-25" @default.
- W3036453346 creator A5031480586 @default.
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- W3036453346 date "2020-06-18" @default.
- W3036453346 modified "2023-10-16" @default.
- W3036453346 title "Assessing the regional grid-parity potential of utility-scale photovoltaic in China" @default.
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- W3036453346 doi "https://doi.org/10.1088/1755-1315/512/1/012022" @default.
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