The results indicate that, while the current energy storage subsidy policies positively stimulate photovoltaic energy storage integration projects, they exhibit a limited capacity to cover energy storage investment costs, thereby failing to incentivize capital market participation in the construction of such projects.
Furthermore, while the Chinese government has introduced new energy storage policies and corresponding subsidies to promote renewable energy consumption, few scholars have considered the economic effects of energy storage subsidies on “new energy + storage” projects.
The forms of energy storage subsidies are diverse, encompassing initial investment subsidies, discharge capacity subsidies, installed capacity subsidies, among others. The design of subsidy mechanisms influences the feasibility and economic viability of system investments.
The government''s incentive funds, including policy publicity and fiscal subsidies designed to encourage investment and industrial growth among energy storage operators, are insufficient compared to the national fiscal subsidies granted to the energy storage industry. Specifically, the subsidy coefficient S 1 <a D.
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The funds will provide an operating subsidy to projects for each kWh of energy they discharge into the electricity market during peak …
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The results indicate that, while the current energy storage subsidy policies positively stimulate photovoltaic energy storage …
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In order to systematically assess the economic viability of photovoltaic energy storage integration projects after considering energy storage subsidies, this paper reviews …
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The results indicate that, while the current energy storage subsidy policies positively stimulate photovoltaic energy storage integration projects, they exhibit a limited …
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