Journal of System Simulation ›› 2021, Vol. 33 ›› Issue (6): 1397-1405.doi: 10.16182/j.issn1004731x.joss.20-0066

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Simulation on the Development of Residential Distributed Photovoltaic Power Generation under the Declining Trend of Feed-in-Tariff

Zhang Libo1, Ge Lulu1, Chen Changqi1, Tang Mingduan2   

  1. 1. College of Economics & Management, Energy Soft Science Research Center, Nanjing University of Aeronautics & Astronautics, Nanjing 211106, China;;
    2. The Second Research Academy of CASIC, Beijing 100854, China
  • Received:2020-02-12 Revised:2020-03-29 Online:2021-06-18 Published:2021-06-23

Abstract: Residential Distributed Photovoltaic Generation (R-DPVG) has become the important developing force of PV generation in China. As the declining of Feed-in-Tariff (FIT), system dynamics method is used to construct a causal loop model for R-DPVG’s development, and relevant factors and their feedback mechanism are qualitatively analyzed. Then a stock-flow model is build, and the ROI, installed capacity, and policy subsidy costs of R-DPVG are simulated under some combined scenarios based on declining FIT. The simulation proves R-DPVG’s FIT will be reduced to 0.05 ~ 0.1 yuan/(kW?h) in the next three years till cancelled. FIT cutting amplitude, capacity and targets of installation and cost of the FIT subsidy should be comprehensively considered in policy-making to promote R-DPVG’s sustainable development in China.

Key words: R-DPVG, accumulated installation capacity, ROI, costs of FIT policy, system dynamics

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