The Economics of Renewable Energy Promotion Policies

Author(s):  
Govinda Timilsina

Large-scale deployment of renewable energy technologies, such as wind power and solar energy, has been taking place in industrialized and developing economics mainly because of various fiscal and regulatory policies. An understanding of the economy-wide impacts of those policies is an important part of an overall analysis of them. Using a perfect foresight computable general equilibrium model, this study analyzes the economy-wide costs of achieving a 10 percent share of wind power in Brazil's electricity supply mix by 2030. The study finds that the expansion of wind power would increase GDP in Brazil. The study also finds that a production subsidy financed through increased value-added tax would be superior to a consumption mandate where electricity utilities are allowed to pass the increased electricity supply costs directly to consumers. These two policies would impact various production sectors differently to achieve the wind power expansion targets.

2017 ◽  
pp. 642-656
Author(s):  
Govinda Timilsina

Large-scale deployment of renewable energy technologies, such as wind power and solar energy, has been taking place in industrialized and developing economics mainly because of various fiscal and regulatory policies. An understanding of the economy-wide impacts of those policies is an important part of an overall analysis of them. Using a perfect foresight computable general equilibrium model, this study analyzes the economy-wide costs of achieving a 10 percent share of wind power in Brazil's electricity supply mix by 2030. The study finds that the expansion of wind power would increase GDP in Brazil. The study also finds that a production subsidy financed through increased value-added tax would be superior to a consumption mandate where electricity utilities are allowed to pass the increased electricity supply costs directly to consumers. These two policies would impact various production sectors differently to achieve the wind power expansion targets.


2014 ◽  
Vol 526 ◽  
pp. 211-216
Author(s):  
Qiong Ying Lv ◽  
Yu Shi Mei ◽  
Xi Jia Tao

As the trend of large-scale wind Power, People pay more attention to wind energy, which as a clean, renewable energy. Traditional unarmed climbing and crane lifting has been unable to meet the requirements of the equipment maintenance. Magnetic climb car can automatically crawl along the wall of the steel tower, the maintenance equipment and personnel can be sent to any height of the tower. The quality of the magnetic wall-climbing car is 550kg, which can carry 1.3 tons load. In this paper completed the magnetic wall-climbing car design and modeling, mechanical analysis in static and dynamic, obtained with the air gap and Magnetic Force curves. The application shows that the magnetic wall-climbing car meets the reliable adsorption, heavy-duty operation, simple operation etc..


2012 ◽  
Vol 8 ◽  
pp. 29-33
Author(s):  
Govind Raj Pokharel ◽  
Arjun Bahadur Chettri

Large-scale promotion of small scale decentralized renewable energy technologies to achieve a part of millennium development goal remained a great challenge until recently. However, a properly implementation of a public private partnership applied in biogas sector in Nepal has shown that scaling up of small scale renewable energy technologies is feasible if a multi-stakeholder sector development approach and favorable policy as well as modality is adopted. Nepal’s biogas program has been instrumental in helping to achieve some of the Millennium Development Goals (MDGs) by creating economic and social development opportunities in a sustainable way. Such model could also be widely replicated in any other renewable energy technologies and other continent of the world. DOI: http://dx.doi.org/10.3126/hn.v8i0.4908Hydro Nepal: Journal of Water, Energy and Environment Issue No. 8, 2011 JanuaryPage: 29-33Uploaded date: 17 June, 2011


2020 ◽  
Vol 188 ◽  
pp. 00016 ◽  
Author(s):  
Kamaruddin Abdullah ◽  
Aep Saepul Uyun ◽  
Rahedi Soegeng ◽  
Eri Suherman ◽  
Herry Susanto ◽  
...  

Indonesian villages are facing dangerous condition. Every year, young people are deserting the villages. To overcome this problem, Tangsi Jaya hamlet, West Java, has been provided with 18 kW micro-hydro to supply electricity both to the community and to Small Processing Center for ground coffee production. Results of cash flow analysis for ground coffee in Tangsi Jaya hamlet, with total investment of IDR 110 750 000 and discount rate of 18 % for 5 yr. Banyumeneng I hamlet, Yogyakarta with an investment cost IDR 95 000 000 and production cost of IDR 34 195 000 yr–1 and the interest rate of 14 % yr–1, the payback period was estimated to be 3 yr with ROI of 40 %. PEST analysics indicate that the higher electricity tariff and interest rate while the higher the value of technology and number of people involve with the SPC will result in the bigger value of ROI. Renewable energy technology could be used for value added activities in rural areas, create small industries, provide job opportunities to the local people and create conditions for sustainable economic development. However, vigilance is needed because small industries can also cause pollution because they produce waste


Sci ◽  
2019 ◽  
Vol 1 (2) ◽  
pp. 43 ◽  
Author(s):  
Patrick Moriarty ◽  
Damon Honnery

Because of the near-term risk of extreme weather events and other adverse consequences from climate change, and, at least in the longer term, global fossil fuel depletion, there is world-wide interest in shifting to noncarbon energy sources, especially renewable energy (RE). Because of possible limitations on conventional renewable energy sources, researchers have looked for ways of overcoming these shortcomings by introducing radically new energy technologies. The largest RE source today is bioenergy, while solar energy and wind energy are regarded as having the largest technical potential. This paper reviews the literature on proposed new technologies for each of these three RE sources: microalgae for bioenergy, photolysis and airborne wind turbines. The main finding is that their proponents have underestimated the difficulties facing their introduction on a very large scale.


Energies ◽  
2020 ◽  
Vol 13 (22) ◽  
pp. 5929
Author(s):  
Hyuk-Il Kwon ◽  
Yun-Sung Cho ◽  
Sang-Min Choi

Renewable energy generation capacity in Korea is expected to reach about 63.8 GW by 2030 based on calculations using values from a power plan survey (Korea’s renewable energy power generation project plan implemented in September 2017) and the “3020” implementation plan prescribed in the 8th Basic Plan for Long-Term Electricity Supply and Demand that was announced in 2017. In order for the electrical grid to accommodate this capacity, an appropriate power system reinforcement plan is critical. In this paper, a variety of scenarios are constructed involving renewable energy capacity, interconnection measures and reinforcement measures. Based on these scenarios, the impacts of large-scale renewable energy connections on the future power systems are analyzed and a reinforcement plan is proposed based on the system assessment results. First, the scenarios are categorized according to their renewable energy interconnection capacity and electricity supply and demand, from which a database is established. A dynamic model based on inverter-based resources is applied to the scenarios here. The transmission lines, high-voltage direct current and flexible alternating current transmission systems are reinforced to increase the stability and capabilities of the power systems considered here. Reinforcement measures are derived for each stage of renewable penetration based on static and dynamic analysis processes. As a result, when large-scale renewable energy has penetrated some areas in the future in Korean power systems, the most stable systems could be optimally configured by applying interconnection measure two and reinforcement measure two as described here. To verify the performance of the proposed methodology, in this paper, comprehensive tests are performed based on predicted large-scale power systems in 2026 and 2031. Database creation and simulation are performed semi-automatically here using Power System Simulator for Engineering (PSS/E) and Python.


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