Optimal feed-in tariff for solar photovoltaic power generation in China: A real options analysis
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文摘

We estimate the optimal levels of feed-in tariffs for 30 provinces in China by using real options method.

The uncertainties in CO2 price and investment cost are considered.

The feed-in tariffs of 30 provinces range from 0.68 RMB/kWh to 1.71 RMB/kWh, and the average level is 1.01 RMB/kWh.

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