Research on Static Evaluation of Economic Value of “Distributed PV +” Model

Yuanying Chi (), Ruoyang Li, Jialin Li and Shuxia Yang
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Yuanying Chi: School of Economics and Management, Beijing University of Technology, Beijing 100124, China
Ruoyang Li: School of Economics and Management, Beijing University of Technology, Beijing 100124, China
Jialin Li: School of Economics and Management, North China Electric Power University, Beijing 102206, China
Shuxia Yang: School of Economics and Management, North China Electric Power University, Beijing 102206, China

Sustainability, 2024, vol. 16, issue 7, 1-17

Abstract: Due to the shortage of fossil energy, environmental pollution, climate change and a series of problems, China is developing photovoltaic (PV) energy and other clean sources of energy. The flexible application of photovoltaic energy makes is an ideal choice. First, this paper clearly describes the significance of the economic value of a PV + model, analyzes its composition of, and then builds the PV + economic value evaluation model. Finally, a PV + model from the agriculture and aquaculture industry is taken as an example to evaluate its economic value. Through data calculations, the feasibility of the PV + economic value evaluation model proposed in this paper is verified. The results show that the model can not only promote the development of photovoltaic energy, but also bring a spillover value to the decentralized economy. The contributions of this paper are as follows: (1) The existence of the spillover value of a PV + model is proposed for the first time. (2) The value of the distributed PV + model is revealed from its essential attributes and characteristics, and a method for the quantitative calculation of the spillover value is proposed. (3) Three cases of the spillover value for the economic value of the PV + model are proposed, and the relationship between the spillover value and local adoption of PV + model to absorb distributed PV is discussed.

Keywords: distributed PV +; economic value; static evaluation; utility function (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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