Farm biomass photovoltaic distributed generation system delivers positive economic performance under carbon trading policy
by Lixin Wu; Caiqing Zhang
International Journal of Global Warming (IJGW), Vol. 33, No. 4, 2024

Abstract: Global warming amelioration is urgent, and farm biomass photovoltaic distributed generation (BPDG) can be effective in mitigating. Therefore, an economic operation optimisation of farm BPDG was carried out through modelling and solving to enhance the economy. The results showed that the system could reduce GHG emissions by 3148.15 t CO₂e per year, with net present value of $2,171,092.49 and internal rate of return of 17.79%. Through optimisation, farm BPDG shows considerable economic and environmental results. International readers and investors can be inspired and informed by the quantitative economic and environmental results.

Online publication date: Tue, 09-Jul-2024

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