Financial analysis on the proposed renewable heat incentive for residential houses in the United Kingdom: A case study on the solar thermal system

被引：12

作者：

Abu-Bakar, Siti Hawa ^{[1
,2
]}

Muhammad-Sukki, Firdaus ^{[1
,3
]}

Ramirez-Iniguez, Roberto ^{[1
]}

Munir, Abu Bakar ^{[4
,5
]}

Yasin, Siti Hajar Mohd ^{[6
]}

Mallick, Tapas Kumar ^{[7
]}

McLennan, Campbell ^{[8
]}

Rahim, Ruzairi Abdul ^{[9
]}

机构：

[1] Glasgow Caledonian Univ, Sch Engn & Built Environm, Glasgow G4 0BA, Lanark, Scotland

[2] Univ Kuala Lumpur, British Malaysian Inst, Gombak 53100, Selangor, Malaysia

[3] Multimedia Univ, Fac Engn, Cyberjaya 63100, Selangor, Malaysia

[4] Univ Malaya, Fac Law, Kuala Lumpur 50603, Malaysia

[5] Univ Malaya, Malaysian Ctr Regulatory Studies UMCoRS, Kuala Lumpur 59990, Malaysia

[6] Univ Teknol MARA, Fac Law, Shah Alam 40450, Selangor, Malaysia

[7] Univ Exeter, Coll Engn Math & Phys Sci, Exeter TR10 9EZ, Cornwall, England

[8] AES Ltd, Forres IV36 1AU, Scotland

[9] Univ Teknol Malaysia, Fac Elect Engn, Utm Skudai 81300, Johor, Malaysia

来源：

ENERGY POLICY | 2014年 / 65卷

关键词：

Solar energy; Solar thermal system; Renewable heat incentive; FOCUS;

D O I：

10.1016/j.enpol.2013.10.018

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This short communication paper focuses on the renewable heat incentive (RHI) scheme in the United Kingdom (UK); and in particular, on its implication on domestic installations of solar thermal systems (STSs). First, a short review on the STS in the UK is provided. Then, a detailed description of the RHI is discussed. A financial analysis is presented afterwards, analysing the impact of the RHI scheme on the applicants, in terms of the net present value and the internal rate of return. From the financial analysis it has been found that the RHI scheme for domestic installations is only attractive if a longer period of RHI payment, i.e. 17 years, or a higher RH! rate i.e. 0.32 pound per kW h is implemented. The current proposal from the UK government is not financially viable, and as a result, it may hinder the penetration of domestic solar thermal systems in the residential sector in the UK. (C) 2013 Elsevier Ltd. All rights reserved.

引用

页码：552 / 561

页数：10

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