LCS-FY2015-PP-12
Evaluation of the PV Project with Consideration of Output Suppression
Summary
Japan instituted a feed-in tariff scheme for renewable energies in July 2012 and it has been contributing to make rapid progress of installing renewables like, especially, PV power. On the other hand, some renewable power companies are getting to face difficulties with connecting their renewable energies to the power grid systems.
In this proposal, we evaluated the PV projects with consideration of output suppression using Monte Carlo simulation with DCF (Discounted Cash Flow) analysis. The results showed PV projects had the large and uncertainty risk under the output suppression of limitless and no warranty.
LCS proposed a future perspective of a dynamic and affluent low carbon society with quantitative technology scenarios as results of quantitatively analyzing the efficiency and economic and environmental sustainability of low carbon technologies, such as PV power and battery systems and so on. This proposal will be a basis for developing long-term scenarios and strategies to install more regional PV systems.
LCS will also develop the multi-regional optimal generation planning model to install more renewable energy systems including PV power and battery systems, together with continuous evaluation of the low carbon technologies.
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