Overview of Relevant Researches on Electric Power Investment and Electricity Pricing Mechanism of Renewable Energy

Abstract

Diversified energy structure, multi-player game relationship and the uncertainties contained in it form the basic background of the research on investment decision, risk management, social welfare evaluation and electricity pricing mechanism design which encircle the electric power of renewable energy. This paper is based on “microcosmic†and “macroscopical†layer, researches the delayed effect of electric power investment of renewable energy, analyzes the social welfare related to the electric power of renewable energy and expounds the design and application of the electricity pricing mechanism of renewable energy. It summarizes and reviews domestic and foreign researches on the electricity pricing mechanism of renewable energy. At last, it gives corresponding conclusion and enlightenment.