Subsidy Policies and Economic Analysis of Photovoltaic Energy Storage
Combining energy storage allocation ratios and internal rate of return indicators, this paper analyzes the net present value of photovoltaic energy storage integration projects
Combining energy storage allocation ratios and internal rate of return indicators, this paper analyzes the net present value of photovoltaic energy storage integration projects
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Combining energy storage allocation ratios and internal rate of return indicators, this paper analyzes the net present value of photovoltaic energy storage integration projects
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In northern China, photovoltaic power generation is more economically viable. Considering the configuration ratio of energy storage equipment and subsidy policies, combined with the future development of new energy in the “Three North” regions, the economic analysis of photovoltaic and energy storage integration has high promotional value.
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.
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.
Presently, research in China on PV-energy storage systems predominantly focuses on energy management and control strategies [8, 9, 10], system design [11, 12], and development forecasting , with relatively limited attention to economic studies.