The impact of the clean development mechanism (CDM) on the cost price of wind power electricity : a China study

Zhao, Zhen-yu, Li, Zhi-Wei, & Xia, Bo (2014) The impact of the clean development mechanism (CDM) on the cost price of wind power electricity : a China study. Energy, 69, pp. 179-185.

View at publisher

Abstract

As a renewable energy source, wind power is playing an increasingly important role in China’s electricity supply. Meanwhile, China is also the world’s largest market for Clean Development Mechanism (CDM) wind power projects. Based on the data of 27 wind power projects of Inner Mongolia registered with the Executive Board of the United Nations (EB) in 2010, this paper constructs a financial model of Net Present Value (NPV) to analyze the cost of wind power electricity. A sensitivity analysis is then conducted to examine the impact of different variables with and without Certified Emission Reduction (CER) income brought about by the CDM. It is concluded that the CDM, along with static investment and annual wind electricity production, is one of the most significant factors in promoting the development of wind power in China. Additionally, wind power is envisaged as a practical proposition for competing with thermal power if the appropriate actions identified in the paper are made.

Impact and interest:

8 citations in Scopus
Search Google Scholar™
6 citations in Web of Science®

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

Full-text downloads:

12 since deposited on 11 Nov 2013
8 in the past twelve months

Full-text downloads displays the total number of times this work’s files (e.g., a PDF) have been downloaded from QUT ePrints as well as the number of downloads in the previous 365 days. The count includes downloads for all files if a work has more than one.

ID Code: 64200
Item Type: Journal Article
Refereed: Yes
Additional URLs:
Keywords: Wind power, Cost, Clean Development Mechanism (CDM), Certified Emission Reductions (CERs) income, China
DOI: 10.1016/j.energy.2013.10.050
ISSN: 0360-5442
Subjects: Australian and New Zealand Standard Research Classification > BUILT ENVIRONMENT AND DESIGN (120000)
Divisions: Current > Schools > School of Civil Engineering & Built Environment
Current > QUT Faculties and Divisions > Science & Engineering Faculty
Copyright Owner: Copyright 2013 Elsevier
Copyright Statement: Licensed under the Creative Commons Attribution; Non-Commercial; No-Derivatives 4.0 International. DOI: 10.1016/j.energy.2013.10.050
Deposited On: 11 Nov 2013 04:22
Last Modified: 01 May 2016 14:20

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page