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DOI | 10.1016/j.enpol.2021.112414 |
The effects of the new Feed-In Tariff Act for solar photovoltaic (PV) energy in the wake of the Fukushima accident in Japan | |
Wen D.; Gao W.; Kuroki S.; Gu Q.; Ren J. | |
发表日期 | 2021 |
ISSN | 03014215 |
卷号 | 156 |
英文摘要 | In 2012, the Japanese government launched the new Feed-In Tariff Act (FIT), which aimed at promoting the stable, integrated rise of renewable energy in the wake of the Fukushima nuclear accident. Solar photovoltaic (PV) energy on both the residential (installation capacity less than 10 kW) and non-residential side (installation capacity 10 kW and above) has been associated with significant benefits with the passage of the new FIT Act. However, a number of issues have emerged during implementation, including unjust enrichment from delayed PV plant operation and high renewable energy taxes. In this paper, we present an overview of the evolution of the FIT and explore how the relevant issues have been addressed through revised government policy. The paper also examines, the FIT's effect on PV energy development. An economic analysis was conducted to identify the impact of FIT fixed price changes on the profitability of solar PV plants on both the residential and non-residential side from 2012 to 2019. Furthermore, a sensitivity analysis was conducted based on scenarios of future FIT fixed purchase price reductions and PV initial investment cost reductions. The results show that the FIT can potentially be reduced on the residential side and that the current FIT has reached its feasibility limits in terms of non-residential PV investments. © 2021 Elsevier Ltd |
关键词 | Economic analysisFeed-in tariff (FIT)JapanSensitivity analysisSolar PV energy |
英文关键词 | Accidents; Cost reduction; Economic analysis; Investments; Sensitivity analysis; Solar concentrators; Solar power generation; Wakes; Economics analysis; Feed-in tariff; Fukushima accidents; Fukushima nuclear accidents; Installation capacities; Japan; Renewable energies; Solar photovoltaic energies; Unjust enrichments; Housing; economic analysis; energy policy; photovoltaic system; sensitivity analysis; solar power; Japan |
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/205400 |
作者单位 | School of Electrical Engineering, Shanghai Dianji University, Shanghai, 201306, China; ISMART, Qingdao University of Technology, Qingdao, 266033, China; Faculty of Environmental Engineering, The University of Kitakyushu, Kitakyushu, 8080135, Japan; School of Energy and Environmental Engineering, Shanghai University of Electric Power, Shanghai, 200090, China |
推荐引用方式 GB/T 7714 | Wen D.,Gao W.,Kuroki S.,et al. The effects of the new Feed-In Tariff Act for solar photovoltaic (PV) energy in the wake of the Fukushima accident in Japan[J],2021,156. |
APA | Wen D.,Gao W.,Kuroki S.,Gu Q.,&Ren J..(2021).The effects of the new Feed-In Tariff Act for solar photovoltaic (PV) energy in the wake of the Fukushima accident in Japan.Energy Policy,156. |
MLA | Wen D.,et al."The effects of the new Feed-In Tariff Act for solar photovoltaic (PV) energy in the wake of the Fukushima accident in Japan".Energy Policy 156(2021). |
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