scholarly journals Financing Renewable Energy Through Household Adoption of Green Electricity Tariffs: A Diffusion Model of an Induced Environmental Market

2011 ◽  
Author(s):  
Ivan Diaz-Rainey ◽  
Dionisia Tzavara
2005 ◽  
Vol 23 (3) ◽  
pp. 361-374 ◽  
Author(s):  
Dave Toke

The author analyses the performance of the United Kingdom's ‘Renewables Obligation’ (RO) in the context of other renewable energy procurement regimes. Prevailing wisdom suggests that market-based procurement regimes for renewable energy are more cost-effective than fixed-price (‘feed-in tariff’) arrangements. In addition, market-based regimes are thought to favour corporate, rather than locally owned, schemes. However, the analysis in this paper disputes these strands of conventional wisdom. An analysis of the returns to wind-power developers under the British market-based RO and the German ‘renewable energy feed-tariff’ (REFIT) reveals that financial returns per MW of installed capacity are much higher in the case of the market-based British RO than in the German REFIT. On the other hand, there is evidence that cultural factors are a bigger influence on the patterns of ownership of wind-power schemes than whether procurement systems are market based or fixed price.


2019 ◽  
Author(s):  
Sarah Barber ◽  
Simon Boller ◽  
Henrik Nordborg

Abstract. The growing worldwide level of renewable power generation requires innovative solutions to maintain grid reliability and stability, due to their variability and uncertainty. As well as stabilising the grid, renewable microgrids are also attractive solutions for regions wishing to produce green electricity independently from the grid, saving potentially high cable laying and grid connection costs. Switzerland does not yet have a large number of installed wind turbines, and despite the ambitious Energy Strategy 2050, not a single wind turbine was installed in 2018. This lack of progress is mainly due to large delays, costs and risks associated with the permitting procedure for wind turbines. The implementation of medium-sized wind turbines smaller than about 30 m may be a possible solution to this lack of progress, as they could experience an easier permitting procedure and higher acceptance among local residents. However, medium-sized wind turbines are less economically viable than larger wind turbines, and one method of making them more economically viable could be to combine them with photovoltaics (PV) and electricity storage into a renewable microgrid system. In this work, twelve sites in Switzerland are chosen for a 100 % renewable energy microgrid feasibility study. For all of these sites, a combination of wind and PV performs consistently better than wind only and PV only. This is due to the fact that wind speeds are often higher when the solar radiation is low, and vice versa. The combination of wind and PV ensures a more constant coverage of renewable energy production and therefore is more efficient. Five of the sites are found to be potentially economically viable, if investors would be prepared to make extra investments between 0.05 $/kWh and 0.2 $/kWh or between $5 million and $20 million upfront for green electricity independence. The Self-Sufficiency Ratio (SSR) is found to range between 1 and 2 for each site, reflecting the extra installed capacity required in order to fully cover every hour of demand in island operation. This could be decreased by connecting to the grid at times of low wind and solar resource and high demand. For the Wind and PV combination, halving battery capital costs reduces Costs of Electricity (COE) by 11 %, decreases the number of wind turbines by 1 % and reduces SSR by 1 %. Halving the wind turbine capital costs reduces COE by 30 %, increases the number of wind turbines by 16 % and increases the SSR by 16 %. Reducing the PV capital costs by 50 % reduces COE by 8 %, decreases the number of wind turbines by 39 % and decreases the SSR by 19 %. The actual implementation of 100 % renewable energy microgrids with medium-sized wind turbines is found to be strongly limited by the area required by the wind turbines as well as by the total number of wind turbines that can be realistically implemented. Additionally, a case study for an extension to a High Performance Computing centre in Canton Glarus shows that a feasible solution is available that meets the requirements. Specific projects are being further examined on a case-to-case basis.


2019 ◽  
Vol 17 (3) ◽  
pp. 464-476 ◽  
Author(s):  
Tetiana Kurbatova ◽  
Roman Sidortsov ◽  
Iryna Sotnyk ◽  
Oleksandr Telizhenko ◽  
Tetiana Skibina ◽  
...  

This paper elaborates on the theoretical and methodological fundamentals of a tradable green certificates system to foster renewable energy development in Ukraine. It proposes a management mechanism premised on the classical market model of tradable green certificates aiming at increasing the share of electricity from renewable energy sources in the country’s energy mix. Organizational stages of the mechanism formation at the national level and a methodological approach to assess green electricity generation cost are developed. The modeling has shown that the annual increase in the cap for green electricity consumption by 1% will raise the electricity tariff by 3%, which is not a significant financial burden for consumers. The proposed changes in the tradable green certificates system can be an effective management tool to achieve the required amount of electricity from renewable energy sources in the country’s total electricity consumption and to foster the development of the Ukrainian renewable energy sector.


2018 ◽  
Vol 152 ◽  
pp. 959-964 ◽  
Author(s):  
Nan Zhang ◽  
Yujie Lu ◽  
Jiayu Chen

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