Incentive for 2MW photovoltaic containerized photovoltaic systems in communities

Does China need a subsidy analysis for photovoltaic energy storage integration?

In the context of China’s new power system, various regions have implemented policies mandating the integration of new energy sources with energy storage, while also introducing subsidies to alleviate project cost pressures. Currently, there is a lack of subsidy analysis for photovoltaic energy storage integration projects.

Are photovoltaic and energy storage integrated projects economically viable?

Currently, energy storage costs are relatively high. In comparison, photovoltaic and energy storage integrated projects have lower unit construction costs and longer lifespans. In northern China, photovoltaic power generation is more economically viable.

Do energy storage subsidy policies stimulate photovoltaic energy storage integration projects?

The results indicate that, while the current energy storage subsidy policies positively stimulate photovoltaic energy storage integration projects, they exhibit a limited capacity to cover energy storage investment costs, thereby failing to incentivize capital market participation in the construction of such projects.

What incentives and policies are applied in photovoltaic systems?

Incentives and policies applied in photovoltaic systems include feed-in tariff, self-consumption surplus energy, VAT exemptions in installations, research and development incentives in technology production, portfolio standards, projects, and large-scale installation tenders, etc. There are many studies in the literature examining these incentives.