Research on evaluation of investment benefits of photovoltaic power generation projects considering environmental benefits

Baoju Chu; Ling Lin; Yafang Zhu; Lifang Zou; Yingjin Ye; Dongwei Li; Bingkang Li; Huiru Zhao

doi:10.1117/12.2619695

9 December 2021 Research on evaluation of investment benefits of photovoltaic power generation projects considering environmental benefits

Baoju Chu, Ling Lin, Yafang Zhu, Lifang Zou, Yingjin Ye, Dongwei Li, Bingkang Li, Huiru Zhao

Author Affiliations +

Proceedings Volume 12030, Third International Conference on Optoelectronic Science and Materials (ICOSM 2021); 1203013 (2021) https://doi.org/10.1117/12.2619695
Event: Third International Conference on Optoelectronic Science and Materials (ICOSM 2021), 2021, Hefei, China

Abstract

Based on the role of photovoltaic power generation (PPG) in solving environmental pollution and resource depletion in the energy sector, this paper studies the investment benefits of PPG. Based on the analysis of the cost and benefit of PPG, the connotation of the environmental benefits of PPG was analyzed, and the investment benefit evaluation model of PPG projects considering environmental benefits was constructed. A case example is analyzed through actual PPG projects. The results show that without considering the environmental value, the net present value of the example project is positive, and the internal rate of return is greater than the capital cost, indicating that the project is economically feasible. After considering the environmental benefits, the net present value of the project has increased by 62.59%, and the internal rate of return has increased by 1.25%, indicating that the investment benefits of the project have been significantly improved after the introduction of environmental benefits.

Citation Download Citation

Baoju Chu, Ling Lin, Yafang Zhu, Lifang Zou, Yingjin Ye, Dongwei Li, Bingkang Li, and Huiru Zhao "Research on evaluation of investment benefits of photovoltaic power generation projects considering environmental benefits", Proc. SPIE 12030, Third International Conference on Optoelectronic Science and Materials (ICOSM 2021), 1203013 (9 December 2021); https://doi.org/10.1117/12.2619695

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