Responsive feed-in tariff adjustment to dynamic technology development

Autor:	Thilo Grau
Rok vydání:	2014
Předmět:	Economics and Econometrics General Energy Software deployment Photovoltaic system Analytic model Remuneration Economics Tariff Profitability index Operations management Environmental economics Technology development Feed-in tariff
Zdroj:	Energy Economics. 44:36-46
ISSN:	0140-9883
DOI:	10.1016/j.eneco.2014.03.015
Popis:	This paper reviews the adjustments of the feed-in tariffs for new solar photovoltaic (PV) installations in Germany. As PV system prices declined rapidly since 2009, the German government implemented automatic mechanisms to adjust the remuneration level for new installations in response to deployment volumes. This paper develops an analytic model to simulate weekly installations of PV systems of up to 30 kW based on project profitability and project duration. The model accurately replicates observed market developments and is used to assess different adjustment mechanisms against multiple scenarios for PV system price developments. The analysis shows that responsive feed-in tariff schemes with frequent tariff adjustments and short qualifying periods reach deployment targets most effectively.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::f8fa963f50d240c8ac856f357d08be53 https://doi.org/10.1016/j.eneco.2014.03.015 Zobrazit plný text záznamu Full Text from ScienceDirect