Electric Power ›› 2020, Vol. 53 ›› Issue (10): 74-79.DOI: 10.11930/j.issn.1004-9649.202006049

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Economic Analysis of the Application of Japan's Household Fuel Cell CHP System in China

SHEN Ruibao, DAI Xianzhong, JIANG Dongfang, HAN Xinyang, LU Qiang, JIN Xiaoling   

  1. State Grid Energy Research Institute Co., Ltd., Beijing 102209, China
  • Received:2020-06-02 Revised:2020-07-20 Published:2020-10-05
  • Supported by:
    This work is supported by Science and Technology Project of SGCC (Research and Demonstration of Key Technologies of Smart Energy Service System, No.52020118007D)

Abstract: Firstly, the technical principle of Japan household fuel cell CHP system (ENE-FARM) and its application are introduced. Secondly, in view of the complex characteristics of the factors that affect the economics of ENE-FARM, a general economic analysis model of ENE-FARM is established that takes into account equipment prices, annual household electricity consumption, electricity and gas prices and other factors. Thirdly, the break-even electricity price curve is used to analyze the economic differences of ENE-FARM applied in Japan and China, and a scenario analysis is made respectively for both 2020 and 2030. The results show that at present, ENE-FARM has the application economy in Japan, but has no conditions for large-scale promotion and application in China. It can be applied in remote areas such as islands and other disaster-prone areas. In 2030, with the gradual decrease of the equipment cost and perfection of residential electricity and gas price system, the application of the ENE-FARM system in domestic households will achieve a break-even.

Key words: fuel cell, combined heat and power system, economic efficiency, break-even electricity price curve, scenario analysis