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.date.accessioned2019-07-25T07:09:06Z-
dc.date.available2019-07-25T07:09:06Z-
dc.date.issued2019-
dc.identifier.issn0301-4215de_CH
dc.identifier.urihttps://digitalcollection.zhaw.ch/handle/11475/17713-
dc.description.abstractDespite the rapid development of renewable energy power in China, the sector is facing significant challenges in the form of declining feed-in tariffs (FIT) and serious curtailment problems. However, in the long-run the nationwide carbon emission trading system may provide a new economic incentive to invest in renewable energy projects in China. Against this background, we assess the effect of gradually declining FIT on the profitability of renewable energy power projects in China and evaluate the potential of a carbon price to overcome the resulting financial gap. Based on a dataset of 1552 onshore wind and 414 solar PV power projects from 2010 to 2015, we first estimate the levelized cost of electricity (LCOE) for onshore wind and solar PV investments. We then estimate profitability using different carbon prices and varying levels of FIT. Our findings suggest that revenues from selling certified carbon emissions reductions in the carbon market can compensate partially for the revenue losses caused by declining FIT. However, the current carbon prices of China's carbon-emission trading pilot schemes are not sufficiently high to compensate for revenue losses. For 90% of PV projects to remain profitable with lower FIT, the carbon price would need to rise to USD 64/t of CO2. For on-shore wind plants, lower carbon price levels of up to USD 41/t CO2 would be sufficient.de_CH
dc.language.isoende_CH
dc.publisherElsevierde_CH
dc.relation.ispartofEnergy Policyde_CH
dc.rightsLicence according to publishing contractde_CH
dc.subjectCarbon pricingde_CH
dc.subjectFeedin tariff (FIT)de_CH
dc.subjectProfitabilityde_CH
dc.subjectSolar PV powerde_CH
dc.subject.ddc333.79: Energiede_CH
dc.titleThe profitability of onshore and wind and solar PV power projects in China : a comparative studyde_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.enpol.2019.05.041de_CH
zhaw.funding.euNode_CH
zhaw.originated.zhawYesde_CH
zhaw.pages.end417de_CH
zhaw.pages.start404de_CH
zhaw.publication.statuspublishedVersionde_CH
zhaw.volume132de_CH
zhaw.publication.reviewPeer review (Publikation)de_CH
zhaw.webfeedW: Spitzenpublikationde_CH
zhaw.author.additionalNode_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. (2019). The profitability of onshore and wind and solar PV power projects in China : a comparative study. Energy Policy, 132, 404–417. https://doi.org/10.1016/j.enpol.2019.05.041
Tu, Q. et al. (2019) ‘The profitability of onshore and wind and solar PV power projects in China : a comparative study’, Energy Policy, 132, pp. 404–417. Available at: https://doi.org/10.1016/j.enpol.2019.05.041.
Q. Tu, R. Betz, J. Mo, and Y. Fan, “The profitability of onshore and wind and solar PV power projects in China : a comparative study,” Energy Policy, vol. 132, pp. 404–417, 2019, doi: 10.1016/j.enpol.2019.05.041.
TU, Qiang, Regina BETZ, Jianlei MO und Ying FAN, 2019. The profitability of onshore and wind and solar PV power projects in China : a comparative study. Energy Policy. 2019. Bd. 132, S. 404–417. DOI 10.1016/j.enpol.2019.05.041
Tu, Qiang, Regina Betz, Jianlei Mo, and Ying Fan. 2019. “The Profitability of Onshore and Wind and Solar PV Power Projects in China : A Comparative Study.” Energy Policy 132: 404–17. https://doi.org/10.1016/j.enpol.2019.05.041.
Tu, Qiang, et al. “The Profitability of Onshore and Wind and Solar PV Power Projects in China : A Comparative Study.” Energy Policy, vol. 132, 2019, pp. 404–17, https://doi.org/10.1016/j.enpol.2019.05.041.


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