1.6 Million transactions replicate distributed PV market slowdown by COVID-19 lockdown

Zhang，Haoran1,2; Yan，Jinyue2; Yu，Qing1; Obersteiner，Michael3; Li，Wenjing1; Chen，Jinyu1; Zhang，Qiong4; Jiang，Mingkun2; Wallin，Fredrik2; Song，Xuan5; Wu，Jiang6; Wang，Xin6; Shibasaki，Ryosuke1

2021-02-01

10.1016/j.apenergy.2020.116341

APPLIED ENERGY   影响因子和分区

0306-2619

Solar PV has seen a spectacular market development in recent years and has become a cost competitive source of electricity in many parts of the world. Yet, prospective observations show that the coronavirus pandemic could impact renewable energy projects, especially in the distributed market. Tracking and attributing the economic footprint of COVID-19 lockdowns in the photovoltaic sector poses a significant research challenge. Based on millions of financial transaction records and 44 thousand photovoltaic installation records, we tracked the spatio-temporal sale network of the distributed photovoltaic market and explored the extent of market slowdown. We found that a two-month lockdown duration can be assessed as a high-risk threshold value. When the lockdown duration exceeds the threshold value, the monthly value-added loss reaches 67.7%, and emission reduction capacity is cut by 64.2% over the whole year. We show that risks of a slowdown in PV deployment due to COVID-19 lockdowns can be mitigated by comprehensive incentive strategies for the distributed PV market amid market uncertainties.

COVID-19 Distributed PV market Economy slowdown Transaction

SCI ; SSCI ; EI

英语

其他

WOS:000613288700006

20210209751501

Emission control ; Energy policy ; Risk assessment

Air Pollution Control:451.2 ; Energy Policy:525.6 ; Accidents and Accident Prevention:914.1

ENGINEERING

2-s2.0-85099001024

Scopus

1.Center for Spatial Information Science,The University of Tokyo 5-1-5 Kashiwanoha,Kashiwa-shi,277-8568,Japan
2.Future Energy Center,Malardalen University,Vasteras,721 23,Sweden
3.International Institute for Applied Systems Analysis (IIASA),Laxenburg,Forestry Program, Schlossplatz 1,A-2361,Austria
4.Graduate School of Frontier Sciences,The University of Tokyo 5-1-5 Kashiwanoha,Kashiwa-shi,277-8568,Japan
5.Southern University of Science and Technology-University of Tokyo Joint Research Center for Super Smart Cities,Department of Computer and Engineering,Southern,University of Science and Technology,Shenzhen,518055,China
6.MOE Joint International Research Lab of Eco Urban Design,College of Architecture and Urban Planning,Tongji University,Shanghai,No.1239 Siping Rd.,200092,China

Zhang，Haoran,Yan，Jinyue,Yu，Qing,et al. 1.6 Million transactions replicate distributed PV market slowdown by COVID-19 lockdown[J]. APPLIED ENERGY,2021,283.

Zhang，Haoran.,Yan，Jinyue.,Yu，Qing.,Obersteiner，Michael.,Li，Wenjing.,...&Shibasaki，Ryosuke.(2021).1.6 Million transactions replicate distributed PV market slowdown by COVID-19 lockdown.APPLIED ENERGY,283.

Zhang，Haoran,et al."1.6 Million transactions replicate distributed PV market slowdown by COVID-19 lockdown".APPLIED ENERGY 283(2021).