Factory photovoltaic and energy storage subsidy policy

Factory photovoltaic and energy storage subsidy policy

6 FAQs about [Factory photovoltaic and energy storage subsidy policy]

Are subsidies causing overcapacity problems in photovoltaic supply chains?

In the past decade, subsidy policies aimed at demand-side of photovoltaic (PV) supply chains have created a dilemma. While they foster the growth of the PV industry, they also induce overcapacity problems to the society. As a result, many governments have cut back subsidies to PV system users.

Does government subsidy optimize PV supply chain enterprises under different power structures?

It investigates the optimal decision analysis and government subsidy optimization of PV supply chain enterprises under different power structures, given the problem of dysfunctional government subsidy incentives and performance loss of PV supply chain enterprises.

Does the government subsidize PV products?

When the government subsidizes, except for the sales price of PV products, the equilibrium decisions of each subject in the PV supply chain is not affected by the power structure, and the effect of the government's social welfare goal is consistent.

Does supply-side oriented subsidy policy support PV industry?

To rescue enterprises, but not the market, a different subsidy program is required to support PV industry. The supply-side oriented subsidy policy provides the answer through directly and moderately subsidizing PV enterprises and their supply chains.

Is a balanced subsidy policy a good strategy for PV supply chains?

Under this balanced subsidy policy, adopting a medium combination of operational strategies is the best strategy option for PV supply chains. Currently, traditional demand-side oriented subsidy policies have resulted in inefficient operations and welfare loss in the photovoltaic (PV) industry.

Why do governments cut back subsidies to PV system users?

While they foster the growth of the PV industry, they also induce overcapacity problems to the society. As a result, many governments have cut back subsidies to PV system users. These subsidy reductions hurt PV enterprises and their supply chains that are now facing lost business.

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