The Chinese government plans to adopt a low or no subsidy policy mechanism on renewable energy power development in the future. To achieve a balance between reducing financial burden on the government. .
••A regional-power-grid-based wind FIT price mechanism is proposed.••. .
In January 2019, the National Development and Reform Committee (NDRC) released the Notice on Work Related to Wind Power and Photovoltaic Power Generation Connected to Gri. .
Section 2.1 comprehensively introduces the concept of applying a NPV method that considers RO. The conventional NPV method only calculates the discounted cashflow and sub. .
This section summarizes the results of the proposed FIT benchmark price that is calculated by the NPV integrated RO method. The comparison between the proposed FIT be. .
This study proposed a new wind power FIT benchmark price mechanism by applying the NPV and RO methods to optimize the FIT price in accordance with an IRR baseline betwee. [pdf]
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