气候变化领域集成服务门户(CCPortal): The price is right? How pricing and incentive mechanisms in California incentivize building distributed hybrid solar and energy-storage systems

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DOI	10.1016/j.enpol.2020.111242
	The price is right? How pricing and incentive mechanisms in California incentivize building distributed hybrid solar and energy-storage systems
	Varghese S.; Sioshansi R.
发表日期	2020
ISSN	0301-4215
卷号	138
英文摘要	Distributed energy resources, including photovoltaic solar and energy storage, are seeing increased deployment. The optimal configuration and operation of these resources depend on several external factors, including energy pricing, incentive programs, and the provision of capacity payments. We model, as a mixed-integer optimization problem, the design and operation of a hybrid energy system that consists of photovoltaic solar arrays that are coupled with energy storage using a shared inverter. We apply our optimization model to a case study that considers two locations in California and a variety of pricing and subsidy regimes. We demonstrate that a well designed time-variant retail tariff provides reasonable incentives for building and operating a hybrid energy system. On the other hand, investment tax credits and the provision of capacity payments can be considerably more distortionary. In particular, constraints that govern the investment tax credit in the United States can hamper significantly the deployment of the hybrid energy systems that we examine. © 2020 Elsevier Ltd
英文关键词	Capacity value; Distributed energy systems; Energy policy; Energy pricing; Energy storage; Photovoltaic solar
学科领域	Costs; Economics; Energy policy; Energy storage; Integer programming; Renewable energy resources; Solar cell arrays; Solar power generation; Taxation; Capacity value; Distributed Energy Resources; Distributed energy systems; Energy pricing; Energy storage systems; Mixed integer optimization; Optimization modeling; Photovoltaic; Investments; energy market; energy policy; energy resource; energy storage; incentive; photovoltaic system; price determination; price dynamics; solar power; California; United States
语种	英语
scopus关键词	Costs; Economics; Energy policy; Energy storage; Integer programming; Renewable energy resources; Solar cell arrays; Solar power generation; Taxation; Capacity value; Distributed Energy Resources; Distributed energy systems; Energy pricing; Energy storage systems; Mixed integer optimization; Optimization modeling; Photovoltaic; Investments; energy market; energy policy; energy resource; energy storage; incentive; photovoltaic system; price determination; price dynamics; solar power; California; United States
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/118107
作者单位	Harold and Inge Marcus Department of Industrial and Manufacturing Engineering, The Pennsylvania State University, 310 Leonhard Building, University ParkPA 16802, United States; Department of Integrated Systems Engineering, The Ohio State University, 1971 Neil Avenue, Columbus, OH, 43210, United States
推荐引用方式 GB/T 7714	Varghese S.,Sioshansi R.. The price is right? How pricing and incentive mechanisms in California incentivize building distributed hybrid solar and energy-storage systems[J],2020,138.
APA	Varghese S.,&Sioshansi R..(2020).The price is right? How pricing and incentive mechanisms in California incentivize building distributed hybrid solar and energy-storage systems.Energy Policy,138.
MLA	Varghese S.,et al."The price is right? How pricing and incentive mechanisms in California incentivize building distributed hybrid solar and energy-storage systems".Energy Policy 138(2020).