气候变化领域集成服务门户(CCPortal): Exploring payback-year based feed-in tariff mechanisms in Australia

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DOI	10.1016/j.enpol.2021.112133
	Exploring payback-year based feed-in tariff mechanisms in Australia
	Li H.X.; Zhang Y.; Li Y.; Huang J.; Costin G.; Zhang P.
发表日期	2021
ISSN	03014215
卷号	150
英文摘要	Solar energy applications are crucial to urban sustainable development and energy investment. Among the policies incentivising solar energy utilisation, Feed-in Tariff has been widely applied to stimulate the adoption of solar photovoltaic systems in the residential sector. This paper presents a payback-year-based Feed-in Tariff determination mechanism from the investment perspective, as suggested by recent research survey data. As an important indicator, the time required to recover the investment (i.e., payback year) in a residential PV project is then formulated using the proposed algorithm to determine Feed-in Tariff rates. The proposed mechanism is demonstrated in a case study in Victoria, Australia. Sensitivity analysis is used to identify the optimum Feed-in Tariff ranges for two popular types of rooftop PV systems, i.e., 3 kW and 5 kW, as examples. The results identify the desirable Feed-in Tariff range for individual energy investors as 20.29 A¢/kWh to 28.25 A¢/kWh, and this should be considered as a point of reference in determining the Feed-in Tariff rate in a manner that takes into account end-users’ expectations. The proposed mechanisms and methodology would be useful for policymakers in adjusting Feed-in Tariff incentive policies at a national or regional level. © 2021 Elsevier Ltd
关键词	Feed-in tariff Payback period Sensitivity analysis Solar energy policy Solar photovoltaic (PV)
英文关键词	Energy utilization; Housing; Photovoltaic cells; Sensitivity analysis; Solar energy; Energy investments; Incentive policies; Recent researches; Residential sectors; Solar energy applications; Solar photovoltaic system; Urban sustainable development; Victoria , Australia; Investments; energy policy; photovoltaic system; sensitivity analysis; solar power; tariff structure; Australia; Victoria [Australia]; Indicator indicator
语种	英语
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/205212
作者单位	School of Architecture and Built Environment, Deakin University3220, Australia
推荐引用方式 GB/T 7714	Li H.X.,Zhang Y.,Li Y.,et al. Exploring payback-year based feed-in tariff mechanisms in Australia[J],2021,150.
APA	Li H.X.,Zhang Y.,Li Y.,Huang J.,Costin G.,&Zhang P..(2021).Exploring payback-year based feed-in tariff mechanisms in Australia.Energy Policy,150.
MLA	Li H.X.,et al."Exploring payback-year based feed-in tariff mechanisms in Australia".Energy Policy 150(2021).