Solar photovoltaic power generation subsidies

What is a government subsidy for residential photovoltaics?

Policy variables. A government subsidy (Subsidy) for residential photovoltaics mainly refers to power generation subsidies, that is, a monetary reward for every kilowatt-hour of electricity generated by solar panels. The subsidy standards for each household are obtained from the National Development and Reform Commission (NDRC).

Are government subsidies affecting the production capacity of photovoltaic electricity in China?

Government subsidies (GSs) have triggered a remarkable increase in the production capacity of photovoltaic (PV) electricity in China. However, the lack of core technologies has limited PV enterprises’ competitiveness in the global market.

Do government subsidies affect photovoltaic industry?

We apply spatial econometric model to analyze the performance of government subsidies on photovoltaic industry. The installed capacity of photovoltaics has shown a significant spatial agglomeration situation since 2012. The feed-in tariff and R&D subsidy policies play a positive incentive to the photovoltaic installed capacity.

What are PV generation subsidies?

Thus, unlike the two aforementioned subsidies (capital investment subsidies and feed-in tariffs), PV generation subsidies make it easier for households to perceive an increase in income rather than a reduction in prices through subsidies.

Does PV generation subsidy phase-out affect total electricity consumption?

The results of our study indicate that there is a larger rebound effect on total electricity consumption during the announcement of the PV generation subsidy phase-out. However, this effect gradually weakens over time as the policy is implemented.

How do solar energy subsidies work?

Residents derive income from generous PV generation subsidies, which directly subsidize solar electricity generated by their photovoltaic systems. On the other hand, capital investment subsidies are provided for solar PV systems, leading to lower prices through subsidies (D'Adamo et al., 2022).