How to subsidize photovoltaic solar power generation

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.

How does a solar PV subsidy work?

The subsidy can alleviate the financial burden of residents. And the FITs allow the excess electricity generated from distributed solar PV to be sold to electric utilities at a fixed price during a given number of years, which can provide stable revenues for residents.

Does government subsidies affect photovoltaic energy production in China?

This research was funded by the National Social Science Foundation of China (20BGL046). 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 enterpris...

Will solar PV subsidy be reduced by 0.05 CNY/kWh?

On June 1, 2018, National Development and Reform Commission, Ministry of Finance, and the Energy Bureau issued another notice on solar PV generation. It declared to decrease the subsidy of electricity generation from distributed solar PV by 0.05 CNY/kWh. Besides, the on-grid electricity price is also decreased by 0.06 CNY/kWh.

What is the subsidy standard for integrated PV projects?

For building integrated PV projects, i,e, the PV panels are encapsulated into building materials, the 2013 subsidy standard is 7 Yuan/W . The subsidy standard in 2012 is 7 Yuan/W, which can be appropriately increased if the project is combined with smart grid or micro grid .

How do subsidies affect the adoption of distributed solar PV?

Subsidies can incentivize greater adoption, while also brings about heavy financial burdens for governments. From residents’ side, subsidies will be linked to their decision-making process in the adoption of distributed solar PV generation as discussed in abovementioned model.