Simulating the Effect of Feed-In Tariff on Renewable Energy Penetration: A System Dynamics Approach

2014 ◽  
pp. 717-721 ◽  
Author(s):  
Salman Ahmad Akhwanzada ◽  
Razman bin Mat Tahar ◽  
Jackie Cheng
Keyword(s):  
Renewable Energy ◽  
System Dynamics ◽  
Feed In Tariff

scholarly journals The efficiency of Ireland's Renewable Energy Feed-In Tariff (REFIT) for wind generation

Energy Policy ◽  
2011 ◽  
Vol 39 (9) ◽  
pp. 4911-4919 ◽  
Author(s):  
Ronan Doherty ◽  
Mark O'Malley
Keyword(s):  
Renewable Energy ◽  
Wind Generation ◽  
Feed In Tariff

Coupling of Power and Heating Sector – Opportunity for Heating Sector Development

2021 ◽  
Author(s):  
◽  
Armands Grāvelsiņš
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
System Dynamics ◽  
System Development ◽  
Heating System ◽  
System Dynamics Model ◽  
Dynamics Model ◽  
Power Sector ◽  
National Scale ◽  
Energy Share

European Union has set ambitious decarbonization goals under Green Deal, therefore, Latvia needs to search for solutions on how to move towards reaching the said goals. Although renewable energy share in Latvia is one of the highest among the European Union countries, it is mostly due to historic heritage, not as the result of implementing meaningful policies. Essential high renewable energy share in power sector comes from three large hydroelectric stations on Daugava, which is heritage from the Soviet Union times. Steady increase in renewable energy share can be observed in District Heating, however it is based on increased utilization of biomass, and that most likely is not a sustainable solution. Considering that bioeconomy will experience significant growth in the future, utilization of wood resource for production of products with low added value will steadily phase out. For energy sector it means the necessity to look for other alternatives to replace fossil fuels. If in other European countries (Denmark, Germany, the Netherlands, Lithuania, Estonia, et al.) solar and wind technology capacity have significantly increased over last decade, in Latvia this increase is negligible. Only in the last few years significant increase in installed solar capacities can be observed, but total capacity is still low. Latvia needs to seek solutions on how to increase the introduction rate of renewable energy technologies in order to move towards carbon neutrality in 2050. The aim of the Thesis is to develop a comprehensive system dynamics model which can be used to analyze energy sector at both national and local scale. It should include both heating and power sectors and be able to evaluate the possibility of sector coupling and its influence on the total system. Specific objectives are set to reach the aim: to develop a system dynamics model structure for heating system development; to analyze the heating system at local and national scale; to assess the importance of power sector flexibility on system development; to implement the elements of sector coupling in energy system; to analyze sector coupling as a flexibility increase measure for national scale and local systems.

scholarly journals The Effect of Implementing a Feed-in Tariff in Abu Dhabi UAE

2016 ◽  
Vol 4 (2) ◽  
pp. 38
Author(s):  
Daisuke Sasaki ◽  
Gun Matsuo ◽  
Sameh El Khatib ◽  
Mikiyasu Nakayama
Keyword(s):  
Renewable Energy ◽  
Energy Security ◽  
Economic Benefits ◽  
Abu Dhabi ◽  
Levelized Cost Of Electricity ◽  
Cost Of Electricity ◽  
The World ◽  
Total Turnover ◽  
The Impact ◽  
Feed In Tariff

Although most countries in the world have been trying to introduce renewable energy into their power supplies to address issues related to the environment and energy security, the Middle East has the lowest overall renewable energy capacity in the world. However, there is currently a trend of accelerating renewable energy deployment with increased investment in the region for the purposes of improving energy security and independence and promoting long-term social and economic benefits. This study aims to examine the impact of implementing a feed-in tariff (FiT) in Abu Dhabi, United Arab Emirates. After a simulated test, it was found that the levelized cost of electricity (LCOE) and the current average unit cost of electricity were considerably divergent. That is to say, a large extra cost is incurred in order to deploy renewable energy in Abu Dhabi. In this context, the effectiveness of implementing a FiT in Abu Dhabi is confirmed. Furthermore, an estimation of the size of the renewable energy surcharge indicated that the impact of implementing a FiT would be enormous. For example, if the target rate of deploying renewable energy is set at 7%, a renewable energy surcharge equivalent to approximately one third of the total turnover of the electricity sector should be additionally imposed. It follows that the electricity rate will be raised by about thirty percent on average, unless subsidies are provided by the government.

Sign in / Sign up

Export Citation Format

Share Document