气候变化领域集成服务门户(CCPortal): Peak-valley tariffs and solar prosumers: Why renewable energy policies should target local electricity markets

CCPortal

DOI	10.1016/j.enpol.2022.112984
	Peak-valley tariffs and solar prosumers: Why renewable energy policies should target local electricity markets
	Lin, Boqiang; Chen, Jiaying; Wesseh Jr, Presley K.
发表日期	2022
ISSN	0301-4215
EISSN	1873-6777
卷号	165 页码:16
英文摘要	There is a growing recognition that local electricity markets (LEMs) for distributed power resources are technically and economically feasible. However, the conditions under which these markets can create value for prosumers and consumers (P&C) and ensure overall welfare for society are insufficiently understood. To help address this literature gap, this paper takes China as a case to study a local electricity market that is driven by peer-to-peer trading. The results show that peak-valley tariffs increase cost-savings for P&C at the expense of grid revenue and the larger the peak-valley spread, the greater the benefits to P&C and, hence, losses to the grid. In addition, the study finds that the value of solar PV declines when deployment of solar technology increases linearly with storage installation in the market. Because the declining value of variable renewable energy may be especially problematic in wholesale electricity markets (WEMs), this study argues that as long as storage installation increases at a faster rate than variable renewable energy deployment, LEMs that operate independent of the central grid can potentially offer a more cost-effective option for large-scale renewable energy utilization. These results underscore the importance of government policies that seek to promote the development of LEMs.
英文关键词	Solar prosumers; Local electricity markets; Peak-valley tariffs; Peer-to-peer trading; China
学科领域	Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种	英语
WOS研究方向	Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号	WOS:000799658300008
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/272418
作者单位	Xiamen University
推荐引用方式 GB/T 7714	Lin, Boqiang,Chen, Jiaying,Wesseh Jr, Presley K.. Peak-valley tariffs and solar prosumers: Why renewable energy policies should target local electricity markets[J],2022,165:16.
APA	Lin, Boqiang,Chen, Jiaying,&Wesseh Jr, Presley K..(2022).Peak-valley tariffs and solar prosumers: Why renewable energy policies should target local electricity markets.ENERGY POLICY,165,16.
MLA	Lin, Boqiang,et al."Peak-valley tariffs and solar prosumers: Why renewable energy policies should target local electricity markets".ENERGY POLICY 165(2022):16.