Economic Analysis of a Clean Development Mechanism Project: a Case Introducing Photovoltaic System in a Commercial Building in China
In this study, a case study of the installation of a photovoltaic (PV) system as a potential Clean Development Mechanism (CDM) project for a commercial building in China was performed by using a newly developed mathematical programming model. The model, which was developed to optimize the installation capacity of the PV system subjected to the constraints on electricity supply and demand balances, was adopted to carry out parametric surveys of PV investment and electricity price. The resultant calculations reveal that, in some cases, the PV system will be voluntarily introduced in China, and that the PV system can be certified as a CDM project with financial support by the investor country. In some combination of parameters, the value of CO2 emission reduction credit offsets the PV capital cost, although the shared allocation of economic profits yielded by the CDM project between the two countries greatly mitigates the restraints on the project, while at the same time qualifying it for the CDM.
economic analysis clean development mechanism photovoltaic system China
任洪波 高伟俊 阮应君
北九州市立大学,国际环境工学部,日本,北九州,808-0135
国际会议
The 3rd International Symposium on Temporal Design(第三届时间性设计国际研讨会)
广州
英文
162-165
2007-11-02(万方平台首次上网日期,不代表论文的发表时间)