scholarly journals Risk Assessment of Renewable Energy Generation Systems Projects

2020 ◽  
pp. 702-711
Author(s):  
Vladimir A. Tremyasov ◽  
Yana E. Zograf ◽  
Tatyana V. Krivenko
Keyword(s):  
Risk Assessment ◽  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Energy Generation ◽  
Assessment Method ◽  
Quantitative Risk Assessment ◽  
Economic Losses ◽  
Industrial Accidents ◽  
Investment Projects ◽  
Renewable Energy Generation

The operation of renewable energy generation systems is associated with various risks. Risk analysis is part of a systematic approach to making technical decisions to prevent or reduce the risk of industrial accidents, damage to property and the environment. When evaluating the effectiveness of investment projects with renewable energy sources, risk assessment is carried out with uncertainty of information about the conditions of project implementation, including associated costs and economic losses. This article proposes a quantitative risk assessment method using cause – consequence diagrams, which are combined event trees and fault trees, on the example of the wind power installation NordWind (Germany)

scholarly journals A Review on DC Microgrid and Decentralized Approach

2021 ◽  
Vol 9 (8) ◽  
pp. 1719--1723
Author(s):  
Mahesh Abdare
Keyword(s):  
Renewable Energy ◽  
Distribution System ◽  
Renewable Energy Sources ◽  
Energy Generation ◽  
Energy Sources ◽  
Dc Microgrid ◽  
Renewable Energy Generation ◽  
The Given ◽  
Day By Day

Abstract: DC Microgrid is going to be a very important part of the Distribution system soon. The given circumstances have forced us to find how to utilize renewable energy sources in the integration to increase its reliability in our day-to-day life. This paper gives a good idea of the DC Microgrid and various methods being used for the controlling part of it. As day by day cost incurred in renewable energy generation is decreasing, we need to find out significant parts where this kind of DC Microgrid can be utilized to provide electricity in all parts of the country. Keywords: DGUs, ImGs, DMA, OXD, DC Microgrid.

The Forecasting of Renewable Energy Generation for Turkey by Artificial Neural Networks and a Auto-Regressive Integrated Moving-Average Model -2023 Generation Targets by Renewable Energy Resources

2021 ◽  
Author(s):  
özlem karadag albayrak
Keyword(s):  
Neural Networks ◽  
Artificial Neural Networks ◽  
Renewable Energy ◽  
Moving Average ◽  
Renewable Energy Sources ◽  
Energy Generation ◽  
Energy Sources ◽  
Ann Model ◽  
Artificial Neural ◽  
Renewable Energy Generation

Abstract Turkey attaches particular importance to energy generation by renewable energy sources in order to remove negative economic, environmental and social effects caused by fossil resources in energy generation. Renewable energy sources are domestic and do not have any negative effect, such as external dependence in energy and greenhouse gas, caused by fossil resources and which constitute a threat for sustainable economic development. In this respect, the prediction of energy amount to be generated by Renewable Energy (RES) is highly important for Turkey. In this study, a generation forecasting was carried out by Artificial Neural Networks (ANN) and Autoregressive Integrated Moving Average (ARIMA) methods by utilising the renewable energy generation data between 1965-2019. While it was predicted by ANN that 127.516 TWh energy would be generated in 2023, this amount was estimated to be 45.457 TeraWatt Hour (TWh) by ARIMA (1.1.6) model. The Mean Absolute Percentage Error (MAPE) was calculated in order to specify the error margin of the forecasting models. This value was determined to be 13.1% by ANN model and 21.9% by ARIMA model. These results suggested that the ANN model provided a more accurate result. It is considered that the conclusions achieved in this study will be useful in energy planning and management.

scholarly journals Renewable energy Sector in Gujarat, India

2021 ◽  
Vol 23 (06) ◽  
pp. 1128-1140
Author(s):  
Zahira Tabassum ◽  
◽  
Dr.Chandrashekhar Shastry ◽  
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Power Systems ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Energy Generation ◽  
Energy Sources ◽  
Energy Integration ◽  
Energy Share ◽  
Renewable Energy Generation

Excessive use of traditional energy sources such as fossil fuels has resulted in significant environmental deterioration. India is one of the world’s fastest-growing energy consumers, and it is making continual efforts to increase renewable energy generation. The use of renewable energy sources to generate electricity is expanding every day. Renewable energy integration with existing power systems is a difficult endeavor that necessitates strategy and development. Climate-friendly energy systems will result from the use of renewable energy sources in power generation, as they lower CO2 emissions caused by fossil fuels used in conventional power generation. This research looks at a renewable energy scenario using Gujarat as a case study, which is a leader in renewable energy generation. The policies taken by the Gujarat government to increase renewable energy’s participation in the energy mix, as well as the challenges and potential solutions for boosting the deployment of renewable energy sources across Gujarat, are discussed. This study can be used as a guide for policymakers and researchers in other states and around the world who want to boost renewable energy share.

scholarly journals The Impact of e-Mobility in Positive Energy Districts

2021 ◽  
Vol 11 (1) ◽  
pp. 24
Author(s):  
Tony Castillo-Calzadilla ◽  
Ainhoa Alonso-Vicario ◽  
Cruz E. Borges ◽  
Cristina Martin
Keyword(s):  
Renewable Energy ◽  
Urban Areas ◽  
Residential Buildings ◽  
Renewable Energy Sources ◽  
Storage System ◽  
Energy Generation ◽  
Energy Storage System ◽  
Positive Energy ◽  
Renewable Energy Generation ◽  
The Impact

This article presents preliminary results that assess the effect of electromobility in an archetype Positive Energy District (PED). We present a PED modelling approach that represents renewable energy generation, an energy storage system, the consumption of residential and non-residential buildings, smart lighting services, and the inclusion of electric mobility. We consider renewable energy generation from photovoltaic panels and annual irradiation patterns of the North of Spain to accomplish the electric demands of a synthetic PED. In this general case study, we build up four scenarios where we evaluate at which degree the consumption of EVs would be covered by local Renewable Energy Sources (RES). The simulation results show that the urban areas with great efficiency (in terms of buildings) may support the demand of EVs and even provide a relevant amount of green kms out of PED boundaries.

scholarly journals DEVELOPMENT OF RENEWABLE ENERGY SOURCES IN THE CONTEXT OF ENERGY MANAGEMENT

2019 ◽  
Vol 6 (3-4) ◽  
pp. 77-87
Author(s):  
VALENTYNA YAKUBIV ◽  
YULIIA MAKSYMIV ◽  
IRYNA HRYHORUK ◽  
NAZARIY POPADYNETS ◽  
IRYNA PIATNYCHUK
Keyword(s):  
Renewable Energy ◽  
Energy Management ◽  
Renewable Energy Sources ◽  
Private Investment ◽  
Energy Generation ◽  
Developed Countries ◽  
Energy Sources ◽  
Investment Risk ◽  
Investment Activity ◽  
Renewable Energy Generation

The paper deals with global trends in energy consumption and renewable energy generation. Worldwide practices in financing of renewable energy production are analysed according to the following dimensions: sources of financing, types of used policy instruments, types of recipients (public or private) and types of financed technologies. The key factors that influence the investment attractiveness of renewable energy sources in the world are presented. Main obstacles impeding the utilisation of potential of renewable energy generation in Ukraine are pointed out from the standpoint of the global development trends, as the experience of economically developed countries are advised to be used for Ukraine. Conditions for investment activity in this field should be created (involving both domestic and foreign investments), stimulating state policy should be implemented, and an energy management based on the international experience should be developed. The problems of renewable energy sources in Ukraine are described, in particular, the presence of investment risk in terms of its components as general economic, legal and financial. In the most developed countries in terms of RES consumption direct public investment is a small proportion of total renewable energy financing, whereas private investment has the major share. A significant obstacle to the possibility of realizing such experience in Ukraine is the presence of investment risk, mainly caused by unstable political conditions (both internal and external). Energy management and monitoring activities of enterprises of various forms of ownership and branch affiliation should be introduced along with the necessity of attracting investments in renewable energy. It is expected that the results presented in this article may be useful for improving the renewable energy development policy both at the country level and at the level of a particular economic entity.

scholarly journals Impact Analysis of Renewable Energy based Generation in West Africa – A case study of Nigeria

2021 ◽  
Vol 16 (1) ◽  
pp. 67-78
Author(s):  
Temitope M. Adeyemi-Kayode ◽  
◽  
Sanjay Misra ◽  
Robertas Damaševičius ◽  
◽  
...  
Keyword(s):  
Renewable Energy ◽  
Economic Impact ◽  
Fossil Fuels ◽  
Social Impact ◽  
Impact Analysis ◽  
Renewable Energy Sources ◽  
Electrical Power ◽  
Energy Generation ◽  
Renewable Energy Generation ◽  
The Impact

The limited supply of fossil fuels, constant rise in the demand of energy and the importance of reducing greenhouse emissions has brought about the adoption of renewable energy sources for generation of electrical power. In this paper, the impact of renewable energy generation in Nigeria is explored. A review of renewable deposits in Nigeria with a focus on Solar, Biomass, Hydropower, Pumped Storage Hydro and Ocean energy is detailed. The impact of renewable energy-based generation is assessed from three different dimensions: Economic Impact, Social Impact and Environmental Impact. In accessing economic impact; the conditions are employment and job creation, gross domestic product (GDP) growth and increase in local research and development. To analyze the social impact; renewable energy education, renewable energy businesses, ministries and institutes, renewable energy projects and investments as well as specific solar and wind projects across Nigeria were considered. Also, environmental issues were discussed. Similarly, policy imperatives for renewable energy generation in Nigeria was provided. This paper would be useful in accessing the successes Nigeria has experienced so far in the area of sustainable development and the next steps to achieving universal energy for all in Nigeria in 2030.

Overcoming stereotypes of renewable energy

2019 ◽  
pp. 124-136
Author(s):  
Victor D. Gazman
Keyword(s):  
Renewable Energy ◽  
Empirical Analysis ◽  
Energy Generation ◽  
New Paradigm ◽  
Financial Instrument ◽  
Promising Direction ◽  
Investment Projects ◽  
Power Stations ◽  
New Generation ◽  
The Impact

The article considers prerequisites for the formation of a new paradigm in the energy sector. The factors that may affect the imminent change of leadership among the energy generation are analyzed. The variability of the projects of creation and functioning of power stations is examined. The focus is made on problematic aspects of the new generation, especially, storage and supply of energy, achieving a system of parity that ensures balance in pricing generations. The author substantiates the principles of forming system of parities arising when comparing traditional and new generations. The article presents the results of an empirical analysis of the 215 projects for the construction of facilities for renewable energy. The significance and direction of the impact of these factors on the growth in investment volumes of transactions are determined. The author considers leasing as an effective financial instrument for overcoming stereotypes of renewable energy and as a promising direction for accelerated implementation of investment projects.

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