Power Projects and Covid-19: A Practical Analysis of the Relevance of Force Majeure Clauses under the Standardised Power Purchase and Implementation Agreements of Uganda

2020 ◽  
Vol 1 (2) ◽  
pp. 189-193
Author(s):  
Aisha Naiga ◽  
Loyola Rwabose Karobwa
Keyword(s):  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
The State ◽  
Energy Sources ◽  
Policy Goals ◽  
Force Majeure ◽  
Practical Analysis ◽  
Energy Justice

Over 90% of Uganda's power is generated from renewable sources. Standardised Implementation Agreements and Power Purchase Agreements create a long-term relationship between Generating Companies and the state-owned off-taker guaranteed by Government. The COVID-19 pandemic and measures to curb the spread of the virus have triggered the scrutiny and application of force majeure (FM) clauses in these agreements. This article reviews the FM clauses and considers their relevance. The authors submit that FM clauses are a useful commercial tool for achieving energy justice by ensuring the continuity of the project, despite the dire effects of the pandemic. Proposals are made for practical considerations for a post-COVID-19 future which provides the continued pursuit of policy goals of promoting renewable energy sources and increasing access to clean energy, thus accelerating just energy transitions.

scholarly journals ENERGY PROSPECTS IN WESTERN BALKAN REGION ‒ MONTENEGRO CASE

2021 ◽  
Vol 12 (2) ◽  
Author(s):  
Momir Đurović
Keyword(s):  
Renewable Energy ◽  
Greenhouse Gas Emission ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Economic Effects ◽  
Energy Sources ◽  
Low Carbon ◽  
Western Balkans ◽  
Low Carbon Economy

To meet new energy demands and climate targets for 2030, the EU member states and West Balkans countries are requested to introduce the National Energy and Climate Plans (NECP) for the period from 2021 to 2030. That implies implementing clean, affordable and renewable energies to reach a climate-neutral economy by 2050. This will require moving towards the long-term goals set by Power agreements, which means to perform economic transformations to reach broader sustainable development goals. To achieve those goals national long-term strategies in Western Balkan countries jointly with EU strategies have to cover, at least, the following in the coming 30 years: total greenhouse emission reduction, even elimination, to extend feasible socio-economic effects of the decarburization measures, to enable links to other national long-term objectives, to make progress on a low greenhouse gas emission economy by encouraging the use of renewable energy sources to approach the European green plan. All those measures will lead the energy sector in the Western Balkans (WB6) to be organized to function with diversified sources of energy, secure fully functional integrated energy market, the free flow of energy, improve efficiency by reducing needs for energy imports; move to low carbon economy by promoting research and innovations in low carbon and clean energy technologies, which will all lead to extensive implantation of renewable energy sources and control of climate change in the region.

scholarly journals Influence of the Share of Renewable Energy Sources on the Level of Energy Security in EECCA Countries

Energies ◽  
2021 ◽  
Vol 14 (4) ◽  
pp. 903 ◽  
Author(s):  
Ivan Trifonov ◽  
Dmitry Trukhan ◽  
Yury Koshlich ◽  
Valeriy Prasolov ◽  
Beata Ślusarczyk
Keyword(s):  
Renewable Energy ◽  
Energy Security ◽  
Structural Characteristics ◽  
Renewable Energy Sources ◽  
Energy Resource ◽  
Energy Sources ◽  
Structural Content ◽  
High Degree

In this study we aimed to determine the extent to which changes in the share of renewable energy sources, their structural complex, and the level of energy security in Eastern Europe, Caucasus and Central Asia (EECCA) countries in the medium- and long-term are interconnected. The study was performed through modeling and determination of the structural characteristics of energy security in the countries. The methodology of the approach to modeling was based on solving the problem of nonlinear optimization by selecting a certain scenario. For the study, the data of EECCA countries were used. The ability of EECCA countries to benefit from long-term indirect and induced advantages of the transformation period depends on the extent to which their domestic supply chains facilitate the deployment of energy transformation and induced economic activity. This study provides an opportunity to assess the degree of influence of renewable energy sources on the level of energy security of countries in the context of energy resource diversification. The high degree of influence of renewable energy sources on energy security in the EECCA countries has been proven in the implementation of the developed scenarios for its increase. Energy security is growing. At the same time, its level depends not only on an increase in the share of renewable sources but also on the structure of energy resources complex of countries, and the development of various renewable energy sources. Therefore, today the EECCA countries are forced not only to increase the share of renewable energy sources but also to attach strategic importance to the structural content of their energy complex.

scholarly journals Forecasting and Modelling the Uncertainty of Low Voltage Network Demand and the Effect of Renewable Energy Sources

Energies ◽  
2021 ◽  
Vol 14 (8) ◽  
pp. 2151
Author(s):  
Feras Alasali ◽  
Husam Foudeh ◽  
Esraa Mousa Ali ◽  
Khaled Nusair ◽  
William Holderbaum
Keyword(s):  
Renewable Energy ◽  
Low Voltage ◽  
Renewable Energy Sources ◽  
Golden Ratio ◽  
Clean Energy ◽  
Energy Sources ◽  
Percentage Error ◽  
Ann Model ◽  
Demand Forecast ◽  
Pv System

More and more households are using renewable energy sources, and this will continue as the world moves towards a clean energy future and new patterns in demands for electricity. This creates significant novel challenges for Distribution Network Operators (DNOs) such as volatile net demand behavior and predicting Low Voltage (LV) demand. There is a lack of understanding of modern LV networks’ demand and renewable energy sources behavior. This article starts with an investigation into the unique characteristics of householder demand behavior in Jordan, connected to Photovoltaics (PV) systems. Previous studies have focused mostly on forecasting LV level demand without considering renewable energy sources, disaggregation demand and the weather conditions at the LV level. In this study, we provide detailed LV demand analysis and a variety of forecasting methods in terms of a probabilistic, new optimization learning algorithm called the Golden Ratio Optimization Method (GROM) for an Artificial Neural Network (ANN) model for rolling and point forecasting. Short-term forecasting models have been designed and developed to generate future scenarios for different disaggregation demand levels from households, small cities, net demands and PV system output. The results show that the volatile behavior of LV networks connected to the PV system creates substantial forecasting challenges. The mean absolute percentage error (MAPE) for the ANN-GROM model improved by 41.2% for household demand forecast compared to the traditional ANN model.

Kazakhstan: Assessment of Renewable Energy Support and a Green Economy

2021 ◽  
Vol 12 (3) ◽  
pp. 631
Author(s):  
Sergey BESPALYY
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Power Plants ◽  
Renewable Energy Sources ◽  
The State ◽  
Green Economy ◽  
Energy Sources ◽  
Environmentally Sustainable ◽  
The Government ◽  
The Impact

The growth of renewable energy sources (RES) shows the desire of the government of Kazakhstan to meet challenges that affect the welfare and development of the state. National targets, government programs, policies influence renewable energy strategies. In the future, renewable energy technologies will act as sources of a green economy and sustainable economic growth. The state policy in the field of energy in Kazakhstan is aimed at improving the conditions for the development and support of renewable energy sources, amendments are being made to provide for the holding of auctions for new RES projects, which replaces the previously existing system of fixed tariffs. It is expected that the costs of traditional power plants for the purchase of renewable energy will skyrocket, provided that the goals in the field of renewable generation are achieved. This article provides an assessment of international experience in supporting renewable energy sources, as well as analyzes the current situation in the development of renewable energy in Kazakhstan and the impact on sustainable development and popularization of the «green» economy. The study shows that by supporting the development of renewable energy sources, economic growth is possible, which is achieved in an environmentally sustainable way.

scholarly journals Strategic Aspects of Economic and Energy Policy of Ukraine in the Context of Sustainable Development

2021 ◽  
Vol 1 (516) ◽  
pp. 65-76
Author(s):  
O. V. Klymchuk ◽  
◽  
S. V. Kozlovskyi ◽  
R. V. Lavrov ◽  
◽  
...  
Keyword(s):  
Sustainable Development ◽  
Renewable Energy ◽  
Energy Saving ◽  
Energy Policy ◽  
Renewable Energy Sources ◽  
The State ◽  
Energy Industry ◽  
Energy Sources ◽  
High Tech ◽  
The World

The article is aimed at developing strategic directions and introducing regulatory measures for the formation of Ukraine’s energy policy on the principles of energy saving and the development of renewable energy industry. On the basis of scientific works, the main organizational-economic vectors of energy industry sector development are systematized, which are associated with the formation of a favorable socio-political climate regarding the priority of using renewable energy sources in the fuel and energy complex; development of effective methods of both the State-based and the market-based regulation by the world community; coordination of the strategy of sustainable development of the world economy. It is determined that the energy saving policy should be based on a flexible combination of the State-based regulation and the market environment for the formation of the most acceptable stimulation mechanisms in the specific economic and political situations, which allows for the greatest economic benefit. It has been found out that the implementation of energy saving processes is impossible without the mass use of renewable energy carriers, which are a universal resource for processing to the right types of energy, are marked by energy independence related to obtaining economic benefits and contribute to the creation of an ecological friendly environment. In the perspective, the energy saving processes, the transition of the national economy to wide implementation in the production of high-tech technologies and the use of renewable energy sources should become the determining factors of Ukraine’s energy strategy.

scholarly journals The Global Survey of the Electrical Energy Distribution System: A Review

2019 ◽  
Vol 9 (4) ◽  
pp. 2247 ◽  
Author(s):  
Archana Sudhakar Talhar ◽  
Sanjay B. Bodkhe
Keyword(s):  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Electrical Power ◽  
Electrical Energy ◽  
Clean Energy ◽  
Central Intelligence Agency ◽  
Energy Sources ◽  
Power Sources ◽  
Energy Scenario ◽  
The World

This paper gives a review of energy scenario in India and other countries. Today’s demand of the world is to minimize greenhouse gas emissions, during the production of electricity. Henceforth over the world, the production of electrical power is changing by introducing abundantly available renewable energy sources like sun and wind. But, because of the intermittent nature of sustainable power sources, the electrical power network faces many problems, during the transmission and distribution of electricity. For resolving these issues, Electrical Energy Storage (EES) is acknowledged as supporting technology. This paper discusses about the world electrical energy scenario with top renowned developed countries in power generation and consumption. Contribution of traditional power sources changed after the introduction of renewable energy sources like sun and wind. Worldwide Agencies are formed like International Energy Agency (IEA), The Central Intelligence Agency, (CIS) etc. The main aim of these agencies is to provide reliable, affordable and clean energy. This paper will discuss about the regulatory authority and government policies/incentives taken by different countries.  At the end of this paper, author focuses on obstacles in implementation, development and benefits of renewable energy.

Seamless Control and Unified Dynamic Energy Management in a Renewable/Clean Energy Integrated Self-Reliant DC Microgrid

2021 ◽  
pp. 1083-1122
Author(s):  
Vulisi Narendra Kumar ◽  
Gayadhar Panda ◽  
Bonu Ramesh Naidu
Keyword(s):  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Electrical Energy ◽  
Clean Energy ◽  
High Gain ◽  
Energy Sources ◽  
Dc Microgrid ◽  
Dc Power ◽  
Terminal Voltage ◽  
Operating Constraints

The growing demand for electrical energy calls for the assimilation of renewable energy sources to the main utility grid. Multiple renewable energy sources (RESs) like solar PV array, wind turbine, micro-hydro plant, etc. can be combined and controlled to form a microgrid. In spite of the availability of different microgrid topologies, DC microgrid largely facilitates the injection of DC power from various renewable energy sources into the stabilised DC power pool. The requirement for a minimal number of conversion stages, simple structure, economic operation, and numerous localised applications are driving factors for the DC microgrid technology. The mettle of the DC microgrid technology lies in choosing the appropriate microgrid participants for energy interchange and the suitable supervisory control to tap power from the microgrid partakers even after respecting their operating constraints. The use of high gain DC-DC converters is inevitable in DC microgrid due to the low terminal voltage levels of different RESs.

The Role of Green Sukuk for Sustainable Energy Production

2022 ◽  
pp. 42-55
Author(s):  
Hasan Dinçer ◽  
Serhat Yüksel ◽  
Hüsne Karakuş
Keyword(s):  
Renewable Energy ◽  
Financial Support ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Energy Sources ◽  
Technological Infrastructure ◽  
Energy Needs ◽  
Islamic Companies ◽  
Installation Cost

Renewable energy sources are clean energy sources that meet the energy needs in a sustainable way. Therefore, it is necessary to invest in renewable energy sources. However, there are some difficulties in renewable energy investments. It has problems such as high initial installation cost, underdeveloped technological infrastructure, and insufficient financial support. Several financial products are being developed in order to overcome the mentioned difficulties. In this context, the purpose of this study is to explain the role of green sukuk in the financing of renewable energy investments. Depending on this purpose, the study has been examined with a literature review. The production of renewable energy sources can be encouraged with green sukuk. However, green sukuk is an advantage for Islamic companies that want to realize environmental projects. On the other hand, it offers the opportunity to the environmentally friendly Islamic investors to evaluate their savings.

scholarly journals Assessing the benefits of capacity payment, feed‐in‐tariff and time‐of‐use programme on long‐term renewable energy sources integration

2019 ◽  
Vol 2 (4) ◽  
pp. 602-611 ◽  
Author(s):  
Mohammad Sadegh Javadi ◽  
Ali Esmaeel Nezhad ◽  
Miadreza Shafie‐khah ◽  
Pierluigi Siano ◽  
João P.S. Catalão
Keyword(s):  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
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