Renewable energy sources project appraisal under uncertainty: the case of wind energy exploitation within a changing energy market environment

Energy Policy ◽  
2002 ◽  
Vol 30 (4) ◽  
pp. 293-307 ◽  
Author(s):  
Konstantinos Venetsanos ◽  
Penelope Angelopoulou ◽  
Theocharis Tsoutsos
Author(s):  
Karyna Karakhanian ◽  

The article considers the legal basis for the formation and development of the country's energy sector, in particular, the issue of energy production from renewable sources, among which the leading place belongs to wind energy. The tendencies of the world energy market, which minimize the negative impact on the environment, as well as the tendencies of development of this branch in Ukraine are investigated. It was stated that for our country wind energy is one of the strategic directions of development of the sector of alternative energy sources, given the high dependence of the country on imported energy, primarily natural gas, and significant potential for wind power, taking into account the location, climate and terrain. However, unfortunately, the pace of development of wind energy in Ukraine still lags significantly behind European ones. It is noted that the legislative provision of the use of wind energy in Ukraine as a source of alternative energy is characterized primarily by the number of bylaws, general declarative legislation, as well as some inconsistencies in legal regulation. An analysis of current legislation and a number of regulations governing the development of the industry in general and wind energy in particular. A review of the norms that relate purely to the issues of the research area and their features and direction of legal regulation. In addition, it was stressed that Ukraine's accession to European initiatives, as well as borrowing international experience in this area should positively affect the energy balance and ensure the development of the sector, in particular, in the light of the need to create a full competitive environment in Ukraine's energy market; changes in heat generation by renewable energy sources and the full transformation of coal regions, which means the gradual closure of unprofitable enterprises with the parallel creation of alternative jobs in these regions.


2014 ◽  
Vol 10 (1) ◽  
pp. 38-45
Author(s):  
Angel Terziev ◽  
Ivan Antonov ◽  
Rositsa Velichkova

Abstract Increasing the share of renewable energy sources is one of the core policies of the European Union. This is because of the fact that this energy is essential in reducing the greenhouse gas emissions and securing energy supplies. Currently, the share of wind energy from all renewable energy sources is relatively low. The choice of location for a certain wind farm installation strongly depends on the wind potential. Therefore the accurate assessment of wind potential is extremely important. In the present paper an analysis is made on the impact of significant possible parameters on the determination of wind energy potential for relatively large areas. In the analysis the type of measurements (short- and long-term on-site measurements), the type of instrumentation and the terrain roughness factor are considered. The study on the impact of turbulence on the wind flow distribution over complex terrain is presented, and it is based on the real on-site data collected by the meteorological tall towers installed in the northern part of Bulgaria. By means of CFD based software a wind map is developed for relatively large areas. Different turbulent models in numerical calculations were tested and recommendations for the usage of the specific models in flows modeling over complex terrains are presented. The role of each parameter in wind map development is made. Different approaches for determination of wind energy potential based on the preliminary developed wind map are presented.


2018 ◽  
Vol 17 (2) ◽  
pp. 31-36
Author(s):  
Abir Muhtadi ◽  
Ahmed Mortuza Saleque ◽  
Mohammad Abdul Mannan

Due to sheer dependency upon fossil fuel sources, Bangladesh as a country is not free from numerous negative aspects. Country’s requirement for a certain portion of power be generated from renewable energy sources is due and required renewable energy target (RET) needs to be fulfilled. In this study, potential of distinguished coastal sites for entirely renewable energy such as solar and wind sources based microgrid for chosen community is explored. Microgrid architecture is appropriate considering the coastal areas’ geographical locations and due to the inconvenience in grid extension. Study suggests, potential of coastal sites are found to be feasible for such structures based on real case scenario data and modelled technical scheme.


2020 ◽  
Vol 10 (18) ◽  
pp. 6398
Author(s):  
Meysam Majidi Nezhad ◽  
Riyaaz Uddien Shaik ◽  
Azim Heydari ◽  
Armin Razmjoo ◽  
Niyazi Arslan ◽  
...  

The elaboration of a methodology for accurately assessing the potentialities of blue renewable energy sources is a key challenge among the current energy sustainability strategies all over the world. Consequentially, many researchers are currently working to improve the accuracy of marine renewable assessment methods. Nowadays, remote sensing (RSs) satellites are used to observe the environment in many fields and applications. These could also be used to identify regions of interest for future energy converter installations and to accurately identify areas with interesting potentials. Therefore, researchers can dramatically reduce the possibility of significant error. In this paper, a comprehensive SWOT (strengths, weaknesses, opportunities and threats) analysis is elaborated to assess RS satellite potentialities for offshore wind (OW) estimation. Sicily and Sardinia—the two biggest Italian islands with the highest potential for offshore wind energy generation—were selected as pilot areas. Since there is a lack of measuring instruments, such as cup anemometers and buoys in these areas (mainly due to their high economic costs), an accurate analysis was carried out to assess the marine energy potential from offshore wind. Since there are only limited options for further expanding the measurement over large areas, the use of satellites makes it easier to overcome this limitation. Undoubtedly, with the advent of new technologies for measuring renewable energy sources (RESs), there could be a significant energy transition in this area that requires a proper orientation of plans to examine the factors influencing these new technologies that can negatively affect most of the available potential. Satellite technology for identifying suitable areas of wind power plants could be a powerful tool that is constantly increasing in its applications but requires good planning to apply it in various projects. Proper planning is only possible with a better understanding of satellite capabilities and different methods for measuring available wind resources. To this end, a better understanding in interdisciplinary fields with the exchange of updated information between different sectors of development, such as universities and companies, will be most effective. In this context, by reviewing the available satellite technologies, the ability of this tool to measure the marine renewable energies (MREs) sector in large and small areas is considered. Secondly, an attempt is made to identify the strengths and weaknesses of using these types of tools and techniques that can help in various projects. Lastly, specific scenarios related to the application of such systems in existing and new developments are reviewed and discussed.


Author(s):  
P. Venkaiah ◽  
B. K. Sarkar

Abstract The advantages of renewable energy sources are available freely in nature, inexhaustible, produce either no or little pollution and low gestation period. Among all renewable energy sources, wind energy has become one of the leading resources for power production in the world as well as in the India. According to WWEA, the wind turbine installation capacity in the world has been reached over 539.291GW by the end of 2017. The entire wind power installed capacity by the end of 2017 covers more than 5% of global demand of electricity. In India, the present wind power installation capacity on October, 2017 was over 32.7GW and wind energy contribution is 55% of the total renewable energy capacity in the country. Inspite of having sharp growth rate in wind in India, only a fraction of wind energy has been tapped until now out of 302 GW wind potential which is available above 100 m height on shore. Practical horizontal axis wind turbine converts kinetic energy in the wind into useful energy by using airfoil blades. Blade element momentum (BEM) theory becomes very popular due to its simplicity in mathematical calculation as well as accuracy. Hydraulic pitch actuation system has certain advantages due to its versatility, ability to produce constant force and torque irrespective of the disturbances outside of the system, ease and accuracy of control, simplicity, safety and economy. In the present study a semi rotary actuator has been utilized for turbine pitch actuation. In order to extract maximum power from available wind, fractional order PID controller (FOPID) has been developed for pitch control of wind turbine rotor blade. The performances of PID as well as FOPID controller have been compared with available wind data. The performance of FOPID controller was satisfactory compare to PID controller.


2011 ◽  
Vol 6 (3) ◽  
Author(s):  
Eilard Jacobs

In the 20th century energy and water services are provided by large centralized systems. The development of renewable energy sources, especially solar energy, however generates a transition towards more decentralized services in the 21st century. The development of green buildings and other off the grid solutions facilitates a growing demand for these decentralized solutions, not only for energy but also for water services. It is the challenge for water utilities to be a player this development.


2014 ◽  
Vol 1008-1009 ◽  
pp. 179-182
Author(s):  
Iveta Gressová

Our planet gives us many mineral sources, but they have a big disadvantage. They are finite. Non-renewable energy sources are enough only for decades, exceptionally for centuries. Current generation is aware of the importance of using other energy sources, such as sunlight, wind, rain, tides, waves and geothermal heat. These energy sources are renewable. It means that they come from sources, which are naturally replenished on a human timescale. One of these sources is wind energy. Use of this kind of energy source needs an initial investment, but it can reduce cost of running a household and other sectors. This article is about Savonius wind turbine and its use for the needs of public lighting.


2021 ◽  
Author(s):  
Mykhailo Suvorov ◽  

In the modern world, attention to the use of renewable energy sources (RES) is increasing. This is primarily due to significant investments in the exploration and development of new oil and gas fields, the approaching threshold of exhaustion of these energy resources and, as a result, the end of the era of cheap oil. In addition, the use of these non-renewable energy sources is largely associated with an increase in carbon dioxide emissions into the atmosphere and an aggravation of environmental problems. According to the energy development strategy of the European Union, energy cluster projects are designed to form and develop ties between the countries. The European Union clusters focus on the following areas: energy, nutrition and health, marine and other industries. The energy cluster includes: wind energy, biomass energy, bioenergy conversion, offshore wind energy, innovative energy ecosystem. The energy cluster of the European Union unites energy companies, promoting the integration of science and technology, creating conditions for the development of competition and cooperation between enterprises in commercial activities. For many years, clusters have been the leading form of providing for regions in the world. And the field of renewable energy is no exception here. We emphasize that this area has It has a pronounced innovation orientation and is able to become a locomotive of innovative processes in Ukraine. Forming and developing clusters in the field of RES, the regions of Ukraine can significantly accelerate their own innovative development and modernize the regional economy. Therefore, the study of foreign experience in the functioning of such clusters is extremely relevant. The high capital intensity of innovative processes in the electric power industry, combined with the significant investment potential of domestic energy companies, make it possible to consider the industry as one of the largest customers for the creation of innovative technologies. The activation of these processes in the energy sector determines the need for systematic management of the joint development of energy enterprises and related industries and areas of activity. The implementation of this approach should be facilitated by the formation and development of energy clusters. The article examines the foreign experience of creating such innovative structures in the industry.


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