1. ZHAW digitalcollection
  2. School of Management and Law
  3. Publikationen
  4. Publikationen School of Management and Law
Full metadata record
DC FieldValueLanguage
dc.contributor.authorTu, Qiang-
dc.contributor.authorBetz, Regina-
dc.contributor.authorMo, Jianlei-
dc.contributor.authorFan, Ying-
dc.contributor.authorLiu, Yu-
dc.date.accessioned2019-06-28T14:21:43Z-
dc.date.available2019-06-28T14:21:43Z-
dc.date.issued2019-
dc.identifier.issn0306-2619de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/17373-
dc.description.abstractChina has adopted an ambitious plan for wind power to achieve grid parity with the on-grid price of coal-fired power in 2020. Whether this target can be achieved is a great concern for policy makers as well as potential investors. To address this issue, we first estimate the future levelized cost of electricity (LCOE) of wind power using a learning curve method, and then determine whether grid parity can be achieved by comparing it with the on-grid price of coal-fired power. Specially, the effect of carbon pricing on the grid-parity is explored, and a sensitivity analysis on how the discount rates, learning rates, and curtailment rates affect grid parity is conducted. The learning rate of onshore wind power is estimated using a panel dataset consisting of information of 2059 onshore wind projects in China from 2006 to 2015. Based on this learning rate, the future LCOE of Chinese onshore wind power from 2016 to 2025 is calculated. The results show that the LCOE of onshore wind power decreases by 13.91% from 0.40 RMB/kWh in 2016 to 0.34 RMB/kWh in 2025. By comparing the LCOE with the on-grid price of coal-fired power, the grid parity of onshore wind power may be achieved in 2019. With the implementation of the carbon pricing policy, the grid parity will be achieved earlier. More specifically, with the carbon price reaching 10, 35, and 60 RMB/t CO2, the grid parity can be achieved in 2019, 2017, and 2016, respectively. The results of the sensitivity analysis show that in the case of high discount rates, low learning rates, high curtailment rates, high O&M cost and low capacity factor, the grid parity will be delayed, and a high carbon price will be required to achieve the grid parity.de_CH
dc.language.isoende_CH
dc.publisherElsevierde_CH
dc.relation.ispartofApplied Energyde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subject.ddc333.79: Energiede_CH
dc.titleAchieving grid parity of wind power in China : present levelized cost of electricity and future evolutionde_CH
dc.typeBeitrag in wissenschaftlicher Zeitschriftde_CH
dcterms.typeTextde_CH
zhaw.departementSchool of Management and Lawde_CH
zhaw.organisationalunitZentrum für Energie und Umwelt (CEE)de_CH
dc.identifier.doi10.1016/j.apenergy.2019.05.039de_CH
zhaw.funding.euNode_CH
zhaw.originated.zhawYesde_CH
zhaw.pages.end1064de_CH
zhaw.pages.start1053de_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume250de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.webfeedW: Spitzenpublikationde_CH
Appears in collections:Publikationen School of Management and Law

Files in This Item:
There are no files associated with this item.
Show simple item record
Tu, Q., Betz, R., Mo, J., Fan, Y., & Liu, Y. (2019). Achieving grid parity of wind power in China : present levelized cost of electricity and future evolution. Applied Energy, 250, 1053–1064. https://doi.org/10.1016/j.apenergy.2019.05.039
Tu, Q. et al. (2019) ‘Achieving grid parity of wind power in China : present levelized cost of electricity and future evolution’, Applied Energy, 250, pp. 1053–1064. Available at: https://doi.org/10.1016/j.apenergy.2019.05.039.
Q. Tu, R. Betz, J. Mo, Y. Fan, and Y. Liu, “Achieving grid parity of wind power in China : present levelized cost of electricity and future evolution,” Applied Energy, vol. 250, pp. 1053–1064, 2019, doi: 10.1016/j.apenergy.2019.05.039.
TU, Qiang, Regina BETZ, Jianlei MO, Ying FAN und Yu LIU, 2019. Achieving grid parity of wind power in China : present levelized cost of electricity and future evolution. Applied Energy. 2019. Bd. 250, S. 1053–1064. DOI 10.1016/j.apenergy.2019.05.039
Tu, Qiang, Regina Betz, Jianlei Mo, Ying Fan, and Yu Liu. 2019. “Achieving Grid Parity of Wind Power in China : Present Levelized Cost of Electricity and Future Evolution.” Applied Energy 250: 1053–64. https://doi.org/10.1016/j.apenergy.2019.05.039.
Tu, Qiang, et al. “Achieving Grid Parity of Wind Power in China : Present Levelized Cost of Electricity and Future Evolution.” Applied Energy, vol. 250, 2019, pp. 1053–64, https://doi.org/10.1016/j.apenergy.2019.05.039.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.