 Economical assessment of large-scale photovoltaic power development in ChinaDa Zhang, Qimin Chai, Xiliang Zhang, Jiankun He, Li Yue, Xiufen Dong and Shu Wu Energy, 2012, vol. 40, issue 1, 370-375 Abstract: Photovoltaic (PV) power has a huge resource of supply, wide range of usage, and low impact on environment and it is considered as a key factor of the supply mix in the future for China. PV power is still in its infancy in China. It has higher cost than coal-fired power, and needs policy support. In recent years, China has launched a series of policies to stimulate PV power. These policies, however, are temporal, mainly because the total additional investment to make PV power grid parity is uncertain. After a brief review on current status of PV power development in China, this paper applies learning curve theory to study the cost reduction trends of polycrystalline silicon PV cells - main components of large-scale PV (LS-PV) power generation, then sets different scenarios to estimate time and the total learning cost of PV power’s grid parity. MESSAGE model is also applied to make a comparable estimation of the future PV installation in China. The results show that long-term subsidy policy for PV power is feasible in China with the rising cost of coal-fired power, but aggressive subsidy policy is not very efficient. Keywords: Photovoltaic (PV); China; Learning cost (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:40:y:2012:i:1:p:370-375 DOI: 10.1016/j.energy.2012.01.053 Access Statistics for this article Energy is currently edited by Henrik Lund and Mark J. Kaiser More articles in Energy from Elsevier |
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