Renewable energy sources offering flexibility through electricity markets

DEFF Research Database (Denmark)

Soares, Tiago

governments. Renewable energy sources are characterized by their uncertain and variable production that limits the current operation and management tools of the power system. Nevertheless, recent developments of renewable energy technologies enable these resources to provide, to some extent, ancillary......All over the world, penetration of renewable energy sources in power systems has been increasing, creating new challenges in electricity markets and for operation and management of power systems, since power production from these resources is by nature uncertain and variable. New methods and tools...... in both energy and reserve markets. In this context, the main contribution of this thesis is the design and development of optimal offering strategies for the joint participation of renewables in the energy and reserve markets. Two distinct control policies for the splitting of available wind power...

Renewable energy investment: Policy and market impacts

International Nuclear Information System (INIS)

Reuter, Wolf Heinrich; Szolgayová, Jana; Fuss, Sabine; Obersteiner, Michael

2012-01-01

Highlights: ► Feedback of decisions to the market: large companies can have an impact on prices in the market. ► Multiple uncertainties: analysis of uncertainties emanating from both markets and environment. ► Policy analysis: impact of uncertainty about the durability of feed-in tariffs. -- Abstract: The liberalization of electricity markets in recent years has enhanced competition among power-generating firms facing uncertain decisions of competitors and thus uncertain prices. At the same time, promoting renewable energy has been a key ingredient in energy policy seeking to de-carbonize the energy mix. Public incentives for companies to invest in renewable technologies range from feed-in tariffs, to investment subsidies, tax credits, portfolio requirements and certificate systems. We use a real options model in discrete time with lumpy multiple investments to analyze the decisions of an electricity producer to invest into new power generating capacity, to select the type of technology and to optimize its operation under price uncertainty and with market effects. We account for both the specific characteristics of renewables and the market effects of investment decisions. The prices are determined endogenously by the supply of electricity in the market and by exogenous electricity price uncertainty. The framework is used to analyze energy policy, as well as the reaction of producers to uncertainty in the political and regulatory framework. In this way, we are able to compare different policies to foster investment into renewables and analyze their impacts on the market.

Green power: A renewable energy resources marketing plan

International Nuclear Information System (INIS)

Barr, R.C.

1997-01-01

Green power is electricity generated from renewable energy sources such as power generated from the sun, the wind, the heat of the earth, and biomass. Green pricing is the marketing strategy to sell green power to customers who voluntarily pay a premium for it. Green pricing is evolving from the deregulation of the electric industry, the need for clean air, reflected in part as concern over global warming, and technology advances. The goal of the renewable energy marketing plan is to generate enough revenues for a utility to fund power purchase agreements (PPAs) with renewable energy developers or construct its own renewable facilities. Long-term, fixed price PPAs enable developers to obtain financing to construct new facilities, sometimes taking technological risks which a utility might not take otherwise. The marketing plan is built around different rate premiums for different categories of ratepayers, volunteer customer participation, customer participation recognition, and budget allocations between project costs and power marketing costs. Green prices are higher than those for conventional sources, particularly prices from natural gas fired plants. Natural gas is abundant relative to oil in price per British thermal unit (Btu). Green pricing can help bridge the gap between the current oversupply of gas and the time, not far off, when all petroleum prices will exceed those for renewable energy. The rapid implementation of green pricing is important. New marketing programs will bolster the growing demand for renewable energy evidenced in many national surveys thus decreasing the consumption of power now generated by burning hydrocarbons. This paper sets forth a framework to implement a green power marketing plan for renewable energy developers and utilities working together

Medium-Term Renewable Energy Market Report 2013: Market trends and projections to 2018

Energy Technology Data Exchange (ETDEWEB)

NONE

2013-06-01

Renewable electricity generation increased strongly worldwide in 2012, and deployment is occurring in a greater number of markets. However, the story of renewable energy development is becoming more complex. Short-term indicators in some regions of the globe have pointed to increased challenges. Despite remaining high, global new investment in renewable energy fell in 2012. Policy uncertainties, economic challenges, incentive reductions and competition from other energy sources clouded the investment outlook for some markets. Some countries and regions have faced difficulties in integrating variable renewables in their power grids. The renewable manufacturing industry, particularly solar and wind, entered a deeper period of restructuring and consolidation. Nevertheless, despite economic, policy and industry turbulence, the underlying fundamentals for renewable deployment remain robust. Even with challenges in some countries, more positive developments elsewhere continue to drive global growth. Competitive opportunities for renewables are emerging across traditional and new markets. While OECD countries remain a driver of renewable power development, non-OECD countries are increasingly accounting for overall growth. The roles of biofuels for transport and renewable heat are also increasing, though at somewhat slower rates than renewable electricity. The Medium-Term Renewable Energy Market Report 2013 assesses market trends for the renewable electricity, biofuels for transport and renewable heat sectors, identifying drivers and challenges to deployment, and making projections through 2018. The analysis features in-depth renewable electricity market analysis and forecasts for a slate of countries in the OECD and non-OECD. The report also presents an outlook for renewable electricity technologies, global biofuels supply, final energy use of renewables for heat and prospects for renewable investment.

Collaborative market approaches to stimulate sustained renewable energy deployment

International Nuclear Information System (INIS)

Weissman, J.M.

1996-01-01

New market opportunities for renewable energy technologies are emerging in response to lower costs, greater possibilities for distributed products and services, strong customer preference for cleaner electricity, and the anticipation of deregulation of the electric power industry. In response, a series of innovative programs and market-based mechanisms are supporting accelerated, commercialization efforts. This paper reviews two different but complementary national collaborative initiatives. The PV-COMPACT, through its major program components, focuses on a number of market mechanisms and policy tools that support sustainable deployment of photovoltaic (PV) systems for utility markets. The Workshop In A Box Program, a collaborative effort managed by the Interstate Renewable Energy Council, supplies the right information to key state government agencies to assist them in evaluating decisions to purchase renewable energy products. This paper also addresses how distributed applications can open new markets for renewable energy systems including the evolution of customer choice programs like green pricing. The programs discussed in this paper demonstrate that no singular mechanism drives new and sustainable markets: it is the symbiotic relationship among many innovative and enterprising efforts and investments that leads to emerging renewable energy markets

Use of derivative instruments to integrate renewable energies into the electricity market

International Nuclear Information System (INIS)

Hartmann, Kilian; Nelles, Michael; Candra, Dodiek Ika

2017-01-01

The implementation of renewable energies to the electricity market is inefficient and expensive with current measures. Further these measures are prejudicial for the existing energy-only-market. The combination of fluctuating and controllable renewable powers in virtual power plants enables the marketing of this power as a derivate on the future market. Thus would relieve the spot market and stabilize pricing on both markets. Subsequently the renewable energy obligation will reduce and renewable energies could be marketed as secured power.

Renewable Energy: Markets and Prospects by Technology

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

This information paper accompanies the IEA publication Deploying Renewables 2011: Best and Future Policy Practice (IEA, 2011a). It provides more detailed data and analysis, and explores the markets, policies and prospects for a number of renewable energy technologies. This paper provides a discussion of ten technology areas: bioenergy for electricity and heat, biofuels, geothermal energy, hydro energy, ocean energy, solar energy (solar photovoltaics, concentrating solar power, and solar heating), and wind energy (onshore and offshore). Each technology discussion includes: the current technical and market status; the current costs of energy production and cost trends; the policy environment; the potential and projections for the future; and an analysis of the prospects and key hurdles to future expansion.

Renewable energy markets in developing countries

DEFF Research Database (Denmark)

Martinot, E.; Chaurey, A.; Lew, D.

2002-01-01

Renewable energy is shifting from the fringe to the mainstream of sustainable development. Past donor efforts achieved modest results but often were not sustained or replicated, which leads now to greater market orientation. Markets for rural household lighting with solar home systems, biogas...

Interaction of Compliance and Voluntary Renewable Energy Markets

Energy Technology Data Exchange (ETDEWEB)

Bird, L.; Lokey, E.

2007-10-01

In recent years, both compliance and voluntary markets have emerged to help support the development of renewable energy resources. Both of these markets are growing rapidly and today about half of U.S. states have RPS policies in place, with a number of these policies adopted in the last several years. In addition, many states have recently increased the stringency of their RPS policies. This paper examines key market interaction issues between compliance and voluntary renewable energy markets. It provides an overview of both the compliance and voluntary markets, addressing each market's history, purpose, size, scope, and benefits while addressing issues, including double counting.

Gains from an integrated market for tradable renewable energy credits

International Nuclear Information System (INIS)

Mozumder, Pallab; Marathe, Achla

2004-01-01

Decoupling the environmental attributes of renewable energy (RE) generation from the physical unit of energy is an innovative mechanism for marketing green or renewable power. The introduction of 'Tradable Renewable Energy Credits' (TRECs) allows the green power attributes of energy to be sold or traded separately from the physical unit of energy. Since the green power certificate system removes potential locational and physical bottlenecks, both suppliers and consumers gain flexibility in the marketplace. The TREC is also an efficient tool to meet 'Renewable Portfolio Standard' (RPS) required by different states in the US. This paper discusses the RPS requirements for different states and examines the implications of an integrated TREC market. It offers a competitive setting to the consumers to pay for renewable energy and a cost effective tool to support renewable energy generation [Grace and Wiser, 2002]. This paper also highlights some practical difficulties that should be addressed in order to establish an efficient integrated TREC market

Barriers to retail marketing of renewable energy products in an energy-rich province

International Nuclear Information System (INIS)

Haner, S.A.

1999-01-01

Personal experiences in attempting to market photovoltaics and other renewable energy products in Alberta, a province rich in energy sources, are recounted as part of an exploration of ways to help industry to develop strategies that will advance the acceptance of renewable energy products, particularly in areas of the world that are not concerned about energy supply. Social acceptability, emphasis on a healthy and convenient lifestyle associated with renewable energy products, practical, user-friendly products, and competitive prices, are some of the key elements in successfully marketing renewable energy products

Changing market for renewable energy in New England

Energy Technology Data Exchange (ETDEWEB)

Jacobs, M. [Second Wind Inc., Austin, TX (United States)

1997-12-31

The author discusses the rapidly changing power market in New England in the face of deregulation of the electric power industry. Utilities are moving to sell their generation assets, and the new players in the market are striving to present themselves as active in a green market. But there is little knowledge about renewable energy sources on the part of the new marketers, and little capacity available, while there does appear to be customer demand. Legislative action seems to be putting in place policies making renewable energy a more attractive option. The author looks at the disparity between demand and availability at this time.

Implications of carbon cap-and-trade for US voluntary renewable energy markets

International Nuclear Information System (INIS)

Bird, Lori A.; Holt, Edward; Levenstein Carroll, Ghita

2008-01-01

Many consumers today are purchasing renewable energy in large part for the greenhouse gas (GHG) emissions benefits that they provide. Emerging carbon regulation in the US has the potential to affect existing markets for renewable energy. Carbon cap-and-trade programs are now under development in the Northeast under the Regional Greenhouse Gas Initiative (RGGI) and in early stages of development in the West and Midwest. There is increasing discussion about carbon regulation at the national level as well. While renewable energy will likely benefit from carbon cap-and-trade programs because compliance with the cap will increase the costs of fossil fuel generation, cap-and-trade programs can also impact the ability of renewable energy generation to affect overall CO 2 emissions levels and obtain value for those emissions benefits. This paper summarizes key issues for renewable energy markets that are emerging with carbon regulation, such as the implications for emissions benefits claims and voluntary market demand and the use of renewable energy certificates (RECs) in multiple markets. It also explores policy options under consideration for designing carbon policies to enable carbon markets and renewable energy markets to work together

The European market of renewable energies; Le marche europeen des energies renouvelables

Energy Technology Data Exchange (ETDEWEB)

Anon.

2011-09-15

This market study on renewable energies presents: 1 - the different renewable energy industries for power generation: the field of renewable energies (hydropower, wind power, solar energy, geothermal energy and biomass power plants) and their common points, their characteristics, advantages and constraints; 2 - the political and regulatory context with its ambitious goals: main steps of worldwide negotiations, Europe and the management of CO{sub 2} emissions, stiffening of the environmental regulation, the energy/climate package and the efforts to be borne by the different member states; 3 - Economy of the sector and the necessary public support: investment and production costs by industry, wholesale prices and competitiveness of the different power generation means, government's incentives for projects profitability; 4 - dynamics of the European market of renewable energies: energy-mix and evolution of the renewable energies contribution in the world and in the European Union, key-figures by country and by industry (installed capacity, production, turnover, employment); 5 - medium-term development perspectives: 2020 prospect scenarios, evolution of the energy mix, perspectives of development for each industry; 6 - the strengths in presence in the domain of facilities: main manufacturers, market shares, innovations, vertical integration, external growth; 7 - the strengths in presence in the domain of power facilities operation: main European operators, position and ranking, installed capacities, projects portfolio; 8 - medium-term perspectives of reconfiguration: best-positioned operators in a developing market, future of European manufacturers with respect to Asian ones, inevitable concentration in the operation sector. (J.S.)

Future UK markets for stand-alone renewable energy systems

International Nuclear Information System (INIS)

Paish, O.

1999-01-01

A study to identify and quantify the market for stand-alone renewable energy supplies of power (photovoltaics, wind and micro-hydro electricity systems) was described. The study focused on small systems, generally less than a few kW installed capacity. It was suggested that in the UK, the emphasis on grid-connected renewable energy technologies (RETs) has blurred the fact that it is 'off-grid' renewable systems that can offer more immediate real commercial markets for the renewables business. With the likelihood of a significant increase in demand for renewables world wide over the next ten years, the UK needs to make a special effort to become involved

The renewable energies market in the United Kingdom

International Nuclear Information System (INIS)

2001-08-01

Targets for renewable energies in the United Kingdom (U.K.) have been set at 10 per cent of the total electricity produced by 2010. Out of a total annual consumption of 364 000 GWh, renewable energies now provide 2.8 per cent of the electricity in the U.K. As a result, market growth over the next decade is expected to reach 250 per cent. Several specific new regulations have also been introduced to support these targets. U.K. electricity supply companies must now set percentages from renewable sources, and new fiscal measures penalizing fossil-fuel consumption while promoting renewables are included in these new regulations. Extra funding to support renewables research and development, pilot and demonstration projects, marketing and dissemination activities to increase renewables take-up in the country has been earmarked. Renewables application in the filed of transportation fuels has been identified. Duty cuts on biodiesel fuel were made following the recent Green Fuel Challenge consultation exercise. Once demonstration projects are proposed, additional duty cuts for other biofuels might be made. There should be considerable expansion of the U.K. renewables market. Biomass, for primary energy and transportation fuels, offshore wind, small-scale hydro and photovoltaics (PVs) are all sectors where opportunities exist. Fuel cell and wave/tidal technologies are likely to show some promise once they make it to the commercial/mass production phase. 35 refs., 4 tabs., 2 figs

Expectations for renewable energy under market restructuring: the U.S. experience

International Nuclear Information System (INIS)

Heiman, M.K.

2006-01-01

The 1992 Energy Policy Act encouraged states to open up electricity provision to market competition. Many analysts predicted that renewable energy would take off in the deregulated market where consumers could choose their power provider and utilities would no longer be enticed to build large central power plants under guaranteed rates of return. This article outlines the flaws with that expectation. Absent a strong federal commitment, the states continue to lead with support for renewable energy. However the base from which to expand is so low, and the level of support so tenuous, that renewable energy will continue to play only a minor role in meeting U.S. energy demands with current policy in place. Furthermore, the evidence does not support the expectation that market restructuring, in and of itself, leads to a stronger state commitment to renewable energy. The failure of renewable energy to become a major component of the U.S. energy mix is not due to any intrinsic problem with the technology employed, nor with the cost of generation. Rather weak penetration may be attributed to broader forces exacerbated by market restructuring and overcome only through strong and reliable federal intervention in support of renewable energy

Renewable energies development: what contribution of the carbon market?

International Nuclear Information System (INIS)

Bordier, Cecile

2008-12-01

In the climate-energy package, the European Union has committed to achieve objectives differentiated by countries to reduce greenhouse gas emissions and developing renewable energies. Part of the emissions reduction must be achieved through a common mechanism to all Member States: the European CO 2 trading market (EU ETS) covers about 40% of emissions of gas European greenhouse from five major industrial sectors, including power generation. The development of renewable energy is the responsibility of each member state. To meet its commitments in terms of renewable energy, each Member State may adopt economic incentives: tendering, purchase prices or green certificates. This Climate Report describes two national policies with different instruments: aid mechanism by prices in France and definition of quantitative targets in the UK. The author attempts to evaluate these policies for the production of renewable electricity in terms of cost per ton of carbon avoided to compare with the price of carbon quotas in the EU ETS. The results show that the cost of national incentive policies for renewable energy per ton of CO 2 avoided varies significantly from one country to another, but in both cases higher than the quota price on the European market. It is difficult to draw definitive conclusions on economic effectiveness of different policy instruments. The first phase of the European exchange of CO 2 quotas market has induced a stress relatively low, weighing mainly on the electricity generation sector. The allocations to the electricity sector have been reduced from 2008 and quotas will be auctioned from 2013 within the limits of an overall ceiling will decrease year by year. This increase in stress on emissions should play a key role in the deployment of CO 2 emission reduction solutions in this sector, including the development of renewable energies. The incentive mechanisms at the national level could complement the impact of the European carbon market by accelerating

Environmental Policies, Product Market Regulation and Innovation in Renewable Energy

International Nuclear Information System (INIS)

Nesta, Lionel; Vona, Francesco; Nicolli, Francesco

2012-10-01

We investigate the effectiveness of policies in favor of innovation in renew- able energy under different levels of competition. Using information regarding renewable energy policies, product market regulation and high-quality green patents for OECD countries since the late 1970's, we develop a pre-sample mean count-data econometric specification that also accounts for the endogeneity of policies. We find that renewable energy policies are significantly more effective in fostering green innovation in countries with deregulated energy markets. We also find that public support for renewable energy is crucial only in the generation of high-quality green patents, whereas competition enhances the generation of green patents irrespective of their quality. (authors)

Renewable energy and the need for local energy markets

DEFF Research Database (Denmark)

Hvelplund, Frede

2006-01-01

green energy policy should be introduced in order to secure both public and political acceptance. Local markets should be established in order to secure the technical integration of a large proportion of wind power and other fluctuating renewable energy sources into the energy system....

The market of the new and renewable energies. What are the real potentialities of the new and renewable energies?

International Nuclear Information System (INIS)

2003-03-01

This study aims to inform on keys data of the renewable and new energies market, to evaluate the potentialities of the market segment by segment, to evaluate the movers and the restraints to the new and renewable energies development and to analyze the situation and the strategy of the enterprises on the market with the presentation of 12 actors. (A.L.B.)

Seminar on support mechanisms to renewable energy sources and on electricity markets evolution

International Nuclear Information System (INIS)

Abadie, Pierre-Marie; Leinekugel Le Cocq, Thibaut; Najdawi, Celine; Rathmann, Max; Soekadar, Ann-Christin

2013-01-01

The French-German office for Renewable energies (OFAEnR) organised a Seminar on support mechanisms to renewable energy sources and on electricity markets evolution. In the framework of this French-German exchange of experience, about 150 participants exchanged views on support instruments to renewable energy sources in a context of decentralized power generation and evolving market design. This document brings together the available presentations (slides) made during this event: 1 - Overview of Support mechanisms to renewable energy sources and electricity market evolution in France (Pierre-Marie Abadie); 2 - Support mechanisms in Germany and in France. Similarities and Synergy potentials (Celine Najdawi); 3 - Keynote 'introduction to the French capacity market' (Thibaut Leinekugel Le Cocq); 4 - Power market design for a high renewables share (Max Rathmann); 5 - German electricity System and Integration of Renewable energies. The Current Discussion on the Necessity of Adapting the electricity Market Design (Ann-Christin Soekadar)

Accelerating the market penetration of renewable energy technologies in South Africa

International Nuclear Information System (INIS)

Martens, J.W.; De Lange, T.J.; Cloin, J.; Szewczuk, S.; Morris, R.; Zak, J.

2001-03-01

There exists a large potential for renewable energy technologies in South Africa and despite the fact that rapid growth of the application of renewable energy takes place in many parts of the world, the current installed renewable capacity in South Africa is negligible. The objective of this study is to address this gap by analysing ways to accelerate the market penetration of renewable energy technologies in South Africa. The activities undertaken in this study comprise two major components: a thorough analysis of South Africa's specific constraints and barriers to renewable energy implementation, and a review of the lessons learnt from Member States of the European Union (EU) on the promotion of renewable energy development. The focus of the study was restricted to the analysis of electricity generating technologies, in particular solar energy, biomass, wind power and mini-hydro renewable energy technologies. Recommendations to stimulate the market penetration of renewable energy technologies in South Africa are formulated. They are structured in: actions to enhance the policy framework for renewable power generation, actions to enhance the policy framework for off-grid renewable energy, and recommendations to stimulate renewable energy project development. 44 refs

Embedded generation for industrial demand response in renewable energy markets

International Nuclear Information System (INIS)

Leanez, Frank J.; Drayton, Glenn

2010-01-01

Uncertainty in the electrical energy market is expected to increase with growth in the percentage of generation using renewable resources. Demand response can play a key role in giving stability to system operation. This paper discusses the embedded generation for industrial demand response in renewable energy markets. The methodology of the demand response is explained. It consists of long-term optimization and stochastic optimization. Wind energy, among all the renewable resources, is becoming increasingly popular. Volatility in the wind energy sector is high and this is explained using examples. Uncertainty in the wind market is shown using stochastic optimization. Alternative techniques for generation of wind energy were seen to be needed. Embedded generation techniques include co-generation (CHP) and pump storage among others. These techniques are analyzed and the results are presented. From these results, it is seen that investment in renewables is immediately required and that innovative generation technologies are also required over the long-term.

Marketing of renewable energies. Foundations, business models, case studies

International Nuclear Information System (INIS)

Herbes, Carsten; Friege, Christian

2015-01-01

How to market green electricity or biomethane? What is the right price for renewable energy and how do you design the optimal use of social media? What impact have the EEG or electromobility to the Green Power Marketing? Does direct marketing works or is online marketing the guarantee of success? Answers to these and many other basic questions provides the band with contributions from leading scientists and renowned practitioners. For the first time they describe in a structured form the basics of marketing of renewable energies, provide an introduction to the legal and market-based features and present new business models. The book is based on the latest research results, treats all questions of marketing issues important for practitioners, provides case studies and specific recommendations. [de

Market Mechanism Design for Renewable Energy based on Risk Theory

Science.gov (United States)

Yang, Wu; Bo, Wang; Jichun, Liu; Wenjiao, Zai; Pingliang, Zeng; Haobo, Shi

2018-02-01

Generation trading between renewable energy and thermal power is an efficient market means for transforming supply structure of electric power into sustainable development pattern. But the trading is hampered by the output fluctuations of renewable energy and the cost differences between renewable energy and thermal power at present. In this paper, the external environmental cost (EEC) is defined and the EEC is introduced into the generation cost. At same time, the incentive functions of renewable energy and low-emission thermal power are designed, which are decreasing functions of EEC. On these bases, for the market risks caused by the random variability of EEC, the decision-making model of generation trading between renewable energy and thermal power is constructed according to the risk theory. The feasibility and effectiveness of the proposed model are verified by simulation results.

Efficient integration of renewable energies in the German electricity market

International Nuclear Information System (INIS)

Nabe, C.A.

2006-01-01

Liberalisation of the electricity sector aims to carry out coordination tasks within the system by markets and market prices. This study examines how markets need to be designed to carry out coordination tasks caused by integration of renewable energies in an efficient way. This question is applied to the German electricity system and recommendations are derived from identified deficits. The examination uses the structure-conduct-performance approach of industrial organisation economics. Integration of renewable energies does not result in entirely new coordination tasks but complicates those that exist in any electricity supply system. Within the short-term coordination tasks provision and operation of reserve capacity is affected by renewable energies. Long-term coordination means that the relation between fixed and variable costs of generators as well as generator flexibility has to be adjusted to the characteristics of renewable energies. The relevant short-term coordination task with the network is congestion management. In the long run costs of grid expansion and permanent congestion management have to be balanced. For the execution of short-run coordination tasks integrated and centralised market architectures are superior to decentralised architectures. The increase of short-term coordination tasks due to renewable energies caused by inflexibilities of consumers and conventional generators results in more information that has to be considered. By centralising that information in one market, an increase in productive efficiency can be obtained. In Germany the increased coordination tasks are determined by the integration of wind generators into the electricity system. The present German market architecture results in inefficiencies in short-term coordination. This is demonstrated by an analysis of procedural rules and prices of the ancillary service markets. They demonstrate that market performance is low and significant deviations from competitive prices

Renewable Energy: Markets and Prospects by Regions

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

This information paper accompanies the IEA publication Deploying Renewables 2011: Best and Future Policy Practice (IEA, 2011a). It provides more detailed data and analysis on policies for Deploying Renewables and is intended to complement the main publication. This information paper provides an in-depth account of the regional markets and policy trends in all six focus regions; 56 countries in total. Each region is discussed with regards to: recent market developments in the electricity, heat and transport sector; policy developments; IEA projections; an analysis of the mid-term (2030) potential of renewable energy technologies in these regions; and an analysis of the strategic drivers underpinning the deployment of RE in each region.

75 FR 6378 - Covanta Pylmouth Renewable Energy Limited Partnership Covanta Energy Marketing LLC Covanta Power...

Science.gov (United States)

2010-02-09

..., ER10-410-000] Covanta Pylmouth Renewable Energy Limited Partnership Covanta Energy Marketing LLC... Pylmouth Renewable Energy Limited Partnership, Covanta Energy Marketing LLC, and Covanta Power, LLC filed... assistance with any FERC Online service, please e-mail [email protected] , or call (866) 208-3676...

US/ECRE and renewable energy market development: An institutional perspective

Energy Technology Data Exchange (ETDEWEB)

Siegel, J.M.

1997-12-01

The author presents a summary of the structure and program of the US Export Council for Renewable Energy (US/ECRE). This organization was founded in 1982 as a consortium of US renewable energy trade associations, and is the non-profit/industry counterpart of CORECT. It serves to accelerate the diffusion of sustainable renewable energy services worldwide, and to enhance US industry`s position in this expanded marketplace. The projected energy growth in the next 20 years is expected to favor developing countries. Barriers in the way of renewable energy development include technology awareness, financing and risk reception, policy decisions, and institutional barriers. The industrial team hopes to address this problem through several different programs: strategic alliances; end-user outreach; industry market development; policy/project development; financing and facilitation. The program involves several phases: first, market conditioning; second, regional conferences and exhibitions; third, follow-up and implementation. There are currently four major focus areas for US effort: Latin America and the Caribbean; southern Africa; Asia; Russia and the FSU. The status of programs addressed toward these markets is described in more detail.

Power marketing and renewable energy

International Nuclear Information System (INIS)

Fang, J.M.

1997-01-01

Power marketing refers to wholesale and retail transactions of electric power made by companies other than public power entities and the regulated utilities that own the generation and distribution lines. The growth in power marketing has been a major development in the electric power industry during the last few years, and power marketers are expected to realize even more market opportunities as electric industry deregulation proceeds from wholesale competition to retail competition. This Topical Issues Brief examines the nature of the power marketing business and its relationship with renewable power. The information presented is based on interviews conducted with nine power marketing companies, which accounted for almost 54% of total power sales by power marketers in 1995. These interviews provided information on various viewpoints of power marketers, their experience with renewables, and their respective outlooks for including renewables in their resource portfolios. Some basic differences exist between wholesale and retail competition that should be recognized when discussing power marketing and renewable power. At the wholesale level, the majority of power marketers stress the commodity nature of electricity. The primary criteria for developing resource portfolios are the same as those of their wholesale customers: the cost and reliability of power supplies. At the retail level, electricity may be viewed as a product that includes value-added characteristics or services determined by customer preferences

Evaluation of the Development of the Renewable Energy Markets in Russia

Directory of Open Access Journals (Sweden)

Irina Aleksandrovna Grechukhina

2016-12-01

Full Text Available The aim of this study is to systemize and present the quantitative and quality evaluation of the economic and non-economic effects of the implementation of the new mechanism of the support of renewable energy in Russia. It should allow meeting the middle-term goal of 2.5 % of renewables at the Russian wholesale electricity market by 2024. To achieve this aim, in the introduction part of the article, a detailed description of the new mechanism of the support of the renewable energy in Russia is presented. It is based on the payment for energy in the wholesale electricity market. The estimated aggregate positive effect resulting from this mechanism’s implementation was expected as follows: a replacement of non-renewable fossil fuels to renewable energy, b reduction of carbon dioxide emissions, c the average prices reduction in the wholesale electricity market, d reduction of the costs on environmental measures and health protection measures in traditional power generation, e creating new jobs, f reduction of fresh water used for cooling in traditional power generation, g multiplicative effects from the development of renewable energy and etc. The resulting economic effect is estimated at 47.77 billion rubles per year by 2024. The authors relied on expert estimates, forecasts of the Ministry of Energy and the Ministry of Economic Development, the Russian Energy Agency, the International Energy Agency, the International Agency for Renewable Energy, the Renewable Energy Policy Network for the 21st Century, the experience of foreign countries, the data of Russian Federal State Statistics Service.

Renewable energy markets in China: An analysis of renewable energy markets in Guangdong, Jiangxi, Jilin, and Yunnan provinces, with updated information from Beijing

Energy Technology Data Exchange (ETDEWEB)

Vaupen, S.B.

1999-12-13

The People's Republic of China has undergone many changes over the past decade that have led to new growth and created opportunities for many industries, including the renewable energy industry. China has consistently had one of the fastest-growing economies in Asia. This report is a continuation of a market assessment done in 1997, which analyzed six provinces (Inner Mongolia, Gansu, Shandong, Qinghai, Xinjiang, and Zhejiang) in China. The information contained in this report comes mainly from interviews conducted with central and local government officials, state and local power bureau officials, and various company executives. The report provides valuable market information necessary for any company interested in entering China's renewable energy market. It also details the legal, competitive, sociocultural, technological, geographic, and economic environments of four provinces in China: Guangdong, Jiangxi, Jilin, and Yunnan. In addition, it outlines the major central government policies and contacts important to renewable energy development within China.

Renewable energy sources. Transformation of the Energy Market; Foernybara Energikaellor. Hela elmarknaden i foeraendring

Energy Technology Data Exchange (ETDEWEB)

2009-03-15

This report describes and analyzes renewable energy seen as emerging markets, focusing on wind, solar and wave power. The conclusions are that: Wind and solar energy has reached critical mass. They are already large markets, and has a high growth rate. There are growth areas that may become among the world's largest industries in the future. This summary report and the underlying studies of wind, solar and wave power show that there is a large potential market for renewable energy sources. Wind power is already a market worth around 36.5 billion Euro. Solar energy is growing strongly and solar cells in 2008 had a market worth around 24 billion Euro. Wave power is at present a very small market and the in the actual development stage the potential of wave power is uncertain. But if the wave would become commercially viable, it could represent a significant part of the world's energy capacity, with associated large investments. In the foreseeable future, all areas have a continuing need for public support to be commercially viable. Despite the already extensive market renewable energy sources represent a relatively small share of energy and electricity in the world. For large-scale electricity generation, there is still a need for public support. Renewable energy means new business opportunities that fundamentally can change structure and competition in the electricity market. A potential of this magnitude involves major business opportunities for involved companies, but also challenges. There are several factors affecting this development, Such as new technology, deregulation, support systems and consumer preferences. The growth of renewable energy sources is not only a question of technical development and relative prices of a homogeneous product, but a question of which actors and business models that will be viable in a rapidly changing market. Swedish industry is well placed to benefit from the growing markets. Many Swedish companies have significant

Framework for State-Level Renewable Energy Market Potential Studies

Energy Technology Data Exchange (ETDEWEB)

Kreycik, C.; Vimmerstedt, L.; Doris, E.

2010-01-01

State-level policymakers are relying on estimates of the market potential for renewable energy resources as they set goals and develop policies to accelerate the development of these resources. Therefore, accuracy of such estimates should be understood and possibly improved to appropriately support these decisions. This document provides a framework and next steps for state officials who require estimates of renewable energy market potential. The report gives insight into how to conduct a market potential study, including what supporting data are needed and what types of assumptions need to be made. The report distinguishes between goal-oriented studies and other types of studies, and explains the benefits of each.

Market in Germany. Renewable energy and energy conservation in the German construction industry

International Nuclear Information System (INIS)

2008-02-01

This market survey for Germany is on the subject of renewable energy and energy efficient constructing and housing improvement. In order to meet sectoral or thematic information needs of Dutch exporting industries and investing companies, the EVD facilitates the realisation of up-to-date market surveys on promising markets in selected countries. The requested study is very relevant for the Dutch exporting industry, as the German building and construction market is of increasing importance to the Dutch building, installation and equipment building sector. Moreover the German market is a European innovator on renewable energy (RE) and energy efficient (EE) homes or even so-called 'passive' houses. The developments in the German market can guide the Dutch industry in the development of their export strategies. The main target groups for the market surveys are small- and medium-sized enterprises (SMEs) in the Netherlands. Interesting groups among these SMEs are those enterprises that start their business on a foreign market [nl

Renewable energy market conditions and barriers in Turkey

International Nuclear Information System (INIS)

Nalan, Cicek Bezir; Murat, Oeztuerk; Nuri, Oezek

2009-01-01

Decentralized wind, hydropower, biogas and biomass, geothermal, solar thermal and solar electricity energy systems are the most commonly found renewable energy technologies promoted for rural energy supply within sustainable developments programs. They are, therefore, seen to have a central place in the practice of sustainable development and in allowing less development countries to bypass the environmentally damaging fossil fuel intensive paths made by industrialized countries. On the political front, many less development countries are critical of pressure on them to adopt environmental energy technologies. Turkey is situated the meeting point of three continents (Asia, Europe and Africa) and stands as a bridge between Asia and Europe. The country is located in southeastern Europe and southwestern Asia. As Turkey's economy has expanded in recent years, the consumption of primary energy has increased. Presently in order to increase the energy production from domestic energy resources, decrease the use of fossil fuels as well as reduce of green house gas emissions different renewable energy sources are used for energy production in Turkey. The share of energy production from renewable energy sources has increased during the last 10 years. Turkey must import most of the energy to meet her needs. Turkey also has a large potential for renewable energies. The lack of knowledge about renewable energy technologies by most policy-makers, potential consumers, and energy firm managers has played against renewable energy developments. The paper presents renewable energy used in Turkey and Europe Union and evaluation of the market conditions and barriers of renewable energy use in Turkey. (author)

Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)

Energy Technology Data Exchange (ETDEWEB)

Heeter, Jenny [National Renewable Energy Lab. (NREL), Golden, CO (United States); Bird, Lori [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2011-10-01

The "voluntary" or "green power" market is that in which consumers and institutions voluntarily purchase renewable energy to match all or part of their electricity needs. Voluntary action provides a revenue stream for renewable energy projects and raises consumer awareness of the benefits of renewable energy. There are numerous ways consumers and institutions can purchase renewable energy. Historically, the voluntary market has consisted of three market sectors: (1) utility green pricing programs (in states with regulated electricity markets), (2) competitive suppliers (in states with restructured electricity markets), and (3) unbundled renewable electricity certificate (REC) markets, where RECs are purchased by consumers separately from electricity ("unbundled").

Redefining RECs: Additionality in the voluntary Renewable Energy Certificate market

Science.gov (United States)

Gillenwater, Michael Wayne

In the United States, electricity consumers are told that they can "buy" electricity from renewable energy projects, versus fossil fuel-fired facilities, through participation in a voluntary green power program. The marketing messages communicate to consumers that their participation and premium payments for a green label will cause additional renewable energy generation and thereby allow them to claim they consume electricity that is absent pollution as well as reduce pollutant emissions. Renewable Energy Certificates (RECs) and wind energy are the basis for the majority of the voluntary green power market in the United States. This dissertation addresses the question: Do project developers respond to the voluntary REC market in the United States by altering their decisions to invest in wind turbines? This question is investigated by modeling and probabilistically quantifying the effect of the voluntary REC market on a representative wind power investor in the United States using data from formal expert elicitations of active participants in the industry. It is further explored by comparing the distribution of a sample of wind power projects supplying the voluntary green power market in the United States against an economic viability model that incorporates geographic factors. This dissertation contributes the first quantitative analysis of the effect of the voluntary REC market on project investment. It is found that 1) RECs should be not treated as equivalent to emission offset credits, 2) there is no clearly credible role for voluntary market RECs in emissions trading markets without dramatic restructuring of one or both markets and the environmental commodities they trade, and 3) the use of RECs in entity-level GHG emissions accounting (i.e., "carbon footprinting") leads to double counting of emissions and therefore is not justified. The impotence of the voluntary REC market was, at least in part, due to the small magnitude of the REC price signal and lack of

Capacity Payments in Restructured Markets under Low and High Penetration Levels of Renewable Energy

Energy Technology Data Exchange (ETDEWEB)

Thomas Jenkin, Philipp Beiter, and Robert Margolis

2016-02-01

Growing levels of variable renewable energy resources arguably create new challenges for capacity market designs, because variable renewable energy suppresses wholesale energy prices while providing relatively little capacity. This effect becomes more pronounced the higher the variable renewable energy penetration in a market. The purpose of this report is threefold. First, we provide a brief outline of the purpose and design of various capacity markets using administratively determined capacity demand curves. Second, we discuss some of the main challenges raised in existing literature and a set of interviews that we conducted with market participants, regulators, and observers. Third, we consider some of the challenges to capacity markets that arise with higher variable renewable energy penetration.

Impact of Renewable Energy Forecast Imperfections on Market-Clearing Outcomes

DEFF Research Database (Denmark)

Ordoudis, Christos; Pinson, Pierre

2016-01-01

The increased integration of renewable energy sources, in particular wind and solar power, calls for changes in power system operation. Current market designs that are only efficient to accommodate limited uncertainty are highly challenged by the partly predictable renewable energy generation...

Successful renewable energy development in a competitive electricity market: A Texas case study

International Nuclear Information System (INIS)

Zarnikau, Jay

2011-01-01

The development of renewable energy in markets with competition at wholesale and retail levels poses challenges not present in areas served by vertically-integrated utilities. The intermittent nature of some renewable energy resources impact reliability, operations, and market prices, in turn affecting all market participants. Meeting renewable energy goals may require coordination among many market players. These challenges may be successfully overcome by imposing goals, establishing trading mechanisms, and implementing operational changes in competitive markets. This strategy has contributed to Texas' leadership among all US states in non-hydro renewable energy production. While Texas has been largely successful in accommodating over 9000 MW of wind power capacity, this extensive reliance upon wind power has also created numerous problems. Higher levels of operating reserves must now be procured. Market prices often go negative in the proximity of wind farms. Inaccurate wind forecasts have led to reliability problems. Five billion dollars in transmission investment will be necessary to facilitate further wind farm projects. Despite these costs, wind power is generally viewed as a net benefit. - Research Highlights: → Texas rapidly emerged as a leader in renewable energy development. → This state's experiences demonstrate that the right combination of policies to lead to rapid renewable energy development in a region with a very competitive electricity market. → Wind power development has lead to various operational challenges.

Renewable energy: Externality costs as market barriers

International Nuclear Information System (INIS)

Owen, Anthony D.

2006-01-01

This paper addresses the impact of environmentally based market failure constraints on the adoption of renewable energy technologies through the quantification in financial terms of the externalities of electric power generation, for a range of alternative commercial and almost-commercial technologies. It is shown that estimates of damage costs resulting from combustion of fossil fuels, if internalised into the price of the resulting output of electricity, could lead to a number of renewable technologies being financially competitive with generation from coal plants. However, combined cycle natural gas technology would have a significant financial advantage over both coal and renewables under current technology options and market conditions. On the basis of cost projections made under the assumption of mature technologies and the existence of economies of scale, renewable technologies would possess a significant social cost advantage if the externalities of power production were to be 'internalised'. Incorporating environmental externalities explicitly into the electricity tariff today would serve to hasten this transition process. (author)

Renewable energy policy and electricity market reforms in China

International Nuclear Information System (INIS)

Cherni, Judith A.; Kentish, Joanna

2007-01-01

The article examines the potential effectiveness of the renewable energy policy in China and its regulatory Law framework. It frames the option of renewable energy technology within the background of the long-lasting electricity problems that China has faced including serious supply shortages, reliance on coal, and severe environmental contamination. Its dual administrative and ownership system based on state and privately owned industry is discussed together with the market reform measures adopted in the sector. Current renewable energy policy is analysed, and the scope of the 2005 Renewable Energy Promotion Law is investigated. This is conducted within the context of the electricity sector reform that China adopted, and its effects upon the prospects of encouraging as well as expanding the development of renewable energy. This study draws upon primary information collected from interviews with stakeholders on the policy adequacy, and identifies three main types of shortcomings that have interfered with a more successful expansion of renewable energy in China. (author)

Stepping stones to significant market shares for renewables. The European forum for market players and decision makers in the renewable energy industry

Energy Technology Data Exchange (ETDEWEB)

NONE

2007-07-01

This invitation to a two-day European Forum for market players and decision makers in the renewable energy business lists the presentations made at the conference in 2007. The programme included contributions in the following areas: Policies and market deployment initiatives, market trends and experience - from support schemes to market experience, opportunities in a changing framework in Switzerland, instruments and infrastructure requirements - how to make the market work and supply and demand aspects of a growing market. The conference examined how renewable forms of energy can gain significant market shares and reach a quota of 50% renewables in 50 years. The first session examined policies and market deployment initiatives, the second market trends and experiences, the third opportunities for Switzerland in a changing framework. The second day featured sessions on instruments and infrastructure requirements as well as on supply and demand aspects in a growing market. The conference was complemented with four workshops.

Stepping stones to significant market shares for renewables. The European forum for market players and decision makers in the renewable energy industry

International Nuclear Information System (INIS)

2007-01-01

This invitation to a two-day European Forum for market players and decision makers in the renewable energy business lists the presentations made at the conference in 2007. The programme included contributions in the following areas: Policies and market deployment initiatives, market trends and experience - from support schemes to market experience, opportunities in a changing framework in Switzerland, instruments and infrastructure requirements - how to make the market work and supply and demand aspects of a growing market. The conference examined how renewable forms of energy can gain significant market shares and reach a quota of 50% renewables in 50 years. The first session examined policies and market deployment initiatives, the second market trends and experiences, the third opportunities for Switzerland in a changing framework. The second day featured sessions on instruments and infrastructure requirements as well as on supply and demand aspects in a growing market. The conference was complemented with four workshops.

Renewable energy. Market and policy trends in IEA countries

International Nuclear Information System (INIS)

2004-01-01

Renewable energy has received high levels of attention in recent years as an alternative to traditional hydrocarbons. Governments, industry and consumers have adopted and promoted renewable technologies in response to concerns about energy security and the environment, and as a solution to electricity access problems in developing countries. To what degree has renewable energy gained a share in the energy mix? What lessons can be learned from efforts made thus far? Renewable Energy - Market and Policy Trends in IEA Countries reviews the experience of IEA countries after the oil crisis in the 1970's initiated a surge of investments in renewables research and development. While use of renewables has grown rapidly, they still account for only a small portion of the IEA energy mix. Hydropower, bio-energy and geothermal energy are mature technologies that contribute about 5 - 6% to primary energy supply. Solar, wind, and other new renewables have experienced rapid technology development, but as yet they represent only a small share. This work examines policies and measures that have been introduced in IEA countries to increase the cost effective deployment of renewables, reviews the objectives behind these policies, and evaluates the results. The aim is to identify best practices in order to assist governments in making future policy decisions

Marketing of new Technologies: The case of Renewable Energies in the UK

DEFF Research Database (Denmark)

Brem, Alexander; Muehlmann, F.; Sarmiento, T.

2011-01-01

The market in the UK for renewable energy is arguably at a very critical phase in its development. Key drivers for current policy include energy security, climate change and energy prices, added to which the UK has agreed specific targets with other EU countries to help meet these challenges....... The paper includes a general overview of worldwide energy demand and a comprehensive overview of renewable energy alternatives. Based on that, it describes the development of the UK renewables marketplace with a market overview including a summary of selected key organisations currently operating. Finally......, this paper recapitulates the key findings of our quantitative research, based on a survey of 65 organisations operating in the market, into the state of the UK market, including a view on the trends and outlook for the future. Finally, the paper offers some concluding remarks which state, among others...

Essays on the efficient integration of renewable energies into electricity markets

Energy Technology Data Exchange (ETDEWEB)

Obermueller, Frank

2018-01-09

The dissertation ''Essay on the Efficient Integration of Renewable Energies into Electricity Markets'' consists of five research articles which shed light on the efficient integration of renewable energies into electricity markets. A major share of renewable energies has characteristics which differ from classical conventional generation technologies. The uncertain weather-dependent characteristics in combination with almost-zero marginal generation costs raise new challenges to some parts of the electricity system. On the other side, the promotion of renewable energies seems promising to achieve the Energy Transition targets and reduce Germany's CO{sub 2}-emissions. This becomes relevant in the light of the 2015 UN Climate Change Conference which negotiated the Paris Agreement to tackle climate change, e.g. by the restriction of global warming to a maximum of 2 C, and translate to CO{sub 2}-reduction efforts, especially for the carbon-dioxide intense electricity sectors. The five research papers focusing on different aspects and potential inefficiencies of the renewable energy market integration. The focus can roughly be separated into temporal and regional efficiency examinations. The temporal efficiency is subject to paper 1, paper 2 and paper 3. The regional efficiency is subject to paper 5 which is based on the preliminary findings and the generated dataset in paper 4.

Essays on the efficient integration of renewable energies into electricity markets

International Nuclear Information System (INIS)

Obermueller, Frank

2018-01-01

The dissertation ''Essay on the Efficient Integration of Renewable Energies into Electricity Markets'' consists of five research articles which shed light on the efficient integration of renewable energies into electricity markets. A major share of renewable energies has characteristics which differ from classical conventional generation technologies. The uncertain weather-dependent characteristics in combination with almost-zero marginal generation costs raise new challenges to some parts of the electricity system. On the other side, the promotion of renewable energies seems promising to achieve the Energy Transition targets and reduce Germany's CO 2 -emissions. This becomes relevant in the light of the 2015 UN Climate Change Conference which negotiated the Paris Agreement to tackle climate change, e.g. by the restriction of global warming to a maximum of 2 C, and translate to CO 2 -reduction efforts, especially for the carbon-dioxide intense electricity sectors. The five research papers focusing on different aspects and potential inefficiencies of the renewable energy market integration. The focus can roughly be separated into temporal and regional efficiency examinations. The temporal efficiency is subject to paper 1, paper 2 and paper 3. The regional efficiency is subject to paper 5 which is based on the preliminary findings and the generated dataset in paper 4.

Mathematical modelling of electricity market with renewable energy sources

International Nuclear Information System (INIS)

Marchenko, O.V.

2007-01-01

The paper addresses the electricity market with conventional energy sources on fossil fuel and non-conventional renewable energy sources (RESs) with stochastic operating conditions. A mathematical model of long-run (accounting for development of generation capacities) equilibrium in the market is constructed. The problem of determining optimal parameters providing the maximum social criterion of efficiency is also formulated. The calculations performed have shown that the adequate choice of price cap, environmental tax, subsidies to RESs and consumption tax make it possible to take into account external effects (environmental damage) and to create incentives for investors to construct conventional and renewable energy sources in an optimal (from the society view point) mix. (author)

Financing Renewable Energy in the European Energy Market

Energy Technology Data Exchange (ETDEWEB)

De Jager, D.; Klessmann, C.; Stricker, E.; Winkel, T.; De Visser, E.; Koper, M. [Ecofys, Utrecht (Netherlands); Ragwitz, M.; Held, A. [Fraunhofer ISI, Karlsruhe (Germany); Resch, G.; Busch, S.; Panzer, C. [Energy Economics Group EEG, Vienna University of Technology, Vienna (Austria); Gazzo, A.; Roulleau, T.; Gousseland, P.; Henriet, M.; Bouille, A. [Ernst and Young, London (United Kingdom)

2011-01-15

The Directive 2009/28/EC on the promotion of the use of energy from renewable sources (RES) sets the overall target to reach 20% renewable energy in gross final energy consumption in 2020. This target is broken down into binding individual Member State targets. Reaching these targets will require a huge mobilization of investments in renewable energies in the coming decade. In order to improve financing and coordination with a view to the achievement of the 20 % target, Article 23 (7) of the Directive requires the Commission to present an analysis and action plan with a view to: (a) The better use of structural funds and framework programmes; (b) The better and increased use of funds from the European Investment Bank and other public finance institutions; (c) Better access to risk capital; (d) The better coordination of Community and national funding and other forms of support; (e) The better coordination in support of renewable energy initiatives whose success depends on action by actors in several Member States. This report presents the results of the title project. The study provides an up to date and thorough assessment of the costs of renewable energy and the support and financing instruments available for renewable energy R and D, demonstration projects and large-scale deployment. This includes details of each Member State's expenditure (via grants, support schemes, loans etc.) and use of Community funds, including loans of the EIB (European Investment Bank) and the EBRD (European Bank for Reconstruction and Development). It also explores the possible instruments for use in the future and constraints in the capital market, which hinder the development of renewable energy. Finally, it develops recommendations for improving financing and support instruments, improving the sector's access to capital, and closing the financing gap for reaching the 2020 targets. The chapters of the report represent separate tasks: (1) Costs of renewable energy

Building a sustainable market for renewables

Energy Technology Data Exchange (ETDEWEB)

Rader, N.

1996-12-31

Opinions regarding marketing approaches for electricity generation from renewable resources are presented in the paper. The Renewables Portfolio Standard of the California Public Utilities Commission is described. This system is based on renewable energy credits. Other marketing approaches, including surcharges, auctioned renewables credit, green pricing, and green marketing are also assessed. It is concluded that the Renewables Portfolio Standard creates a stable economic environment for the renewable energy industries.

Conference on support mechanisms evolution and renewable energies integration in France and in Germany markets

International Nuclear Information System (INIS)

Praetorius, Barbara; Cruciani, Michel; Schwarz, Virginie; Nabe, Christian; Mayer, Joerg; Vogel, Wolfram; Abegg, Janosch; Lioret, Sonia; Avedissian, Franck; Cosse, Julien; Woodhouse, Stephen; Bradbury, Simon; Mollard, Matthieu; Solal, Lucie; Nodari, Antonio

2015-01-01

The French-German office for Renewable energies (OFAEnR) organised a conference on the support mechanisms evolution and the renewable energies integration in France and in Germany markets. In the framework of this French-German exchange of experience, participants exchanged views on the current support mechanisms in both countries and on their forthcoming legal modifications. The legal framework of direct renewable energy selling in the German market and the impacts and challenges of this model were addressed as well. Technical aspects of auction sales of electricity were approached too and illustrated with experience feedbacks from direct selling operators. This document brings together the available presentations (slides) made during this event: 1 - Tenders for Renewable energy and the German Energiewende - Perspectives, challenges, debates (Barbara Praetorius); 2 - Promotion of energy from renewable sources - A short analysis of the French public policy 2000 -2014 (Michel Cruciani); 3 - Support schemes for renewables in France and their evolution as foreseen in the energy transition law (Virginie Schwarz); 4 - Direct electricity selling on the wholesale market: legal framework and perspective - a French-German comparison (Christian Nabe); 5 - Self-consumption and power purchase Business framework in Germany (Joerg Mayer); 6 - Successful Integration of Renewable energies in the Market: the Role of the Power exchange (Wolfram Vogel); 7 - Earn money and do good by marketing renewables (Janosch Abegg); 8 - Proposals for a new electricity market design (Sonia Lioret)

Promoting renewable energy through capacity markets: An analysis of the Russian support scheme

International Nuclear Information System (INIS)

Boute, Anatole

2012-01-01

Most existing support schemes aim to stimulate the deployment of renewable energy sources in the electricity sector on the basis of the electricity output (MW h) of renewable energy installations. Support is anchored in the electricity commodity market. In contrast to this established approach, Russia intends to promote renewable energy through the capacity market. The idea is to remunerate investors for the installed capacity (MW) of their installations, in particular for the availability of their installations to produce electricity. This article argues that, contrary to the implicit consensus, a capacity-based approach to supporting renewable energy can provide an alternative to the current output-based schemes. Capacity-based schemes limit the incentive that the operators of renewable energy installations currently have under output-based schemes to deliver electricity to the grid even in periods of low demand. These schemes also provide investors with a more predictable income flow. However, to be successful, the regulation of capacity supply – currently designed for flexible power plants – needs to accommodate the specific production patterns of variable renewable energy installations. This paper examines ways to overcome this challenge in Russia and provides more general conclusions on the complex interaction between capacity markets and renewable energy investments.

Green Power Grids: How Energy from Renewable Sources Affects Networks and Markets.

Science.gov (United States)

Mureddu, Mario; Caldarelli, Guido; Chessa, Alessandro; Scala, Antonio; Damiano, Alfonso

2015-01-01

The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources. This is fundamentally changing the configuration of energy management and is introducing new problems that are only partly understood. In particular, renewable energies introduce fluctuations which cause an increased request for conventional energy sources to balance energy requests at short notice. In order to develop an effective usage of low-carbon sources, such fluctuations must be understood and tamed. In this paper we present a microscopic model for the description and for the forecast of short time fluctuations related to renewable sources in order to estimate their effects on the electricity market. To account for the inter-dependencies in the energy market and the physical power dispatch network, we use a statistical mechanics approach to sample stochastic perturbations in the power system and an agent based approach for the prediction of the market players' behavior. Our model is data-driven; it builds on one-day-ahead real market transactions in order to train agents' behaviour and allows us to deduce the market share of different energy sources. We benchmarked our approach on the Italian market, finding a good accordance with real data.

Green Power Grids: How Energy from Renewable Sources Affects Networks and Markets.

Directory of Open Access Journals (Sweden)

Mario Mureddu

Full Text Available The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources. This is fundamentally changing the configuration of energy management and is introducing new problems that are only partly understood. In particular, renewable energies introduce fluctuations which cause an increased request for conventional energy sources to balance energy requests at short notice. In order to develop an effective usage of low-carbon sources, such fluctuations must be understood and tamed. In this paper we present a microscopic model for the description and for the forecast of short time fluctuations related to renewable sources in order to estimate their effects on the electricity market. To account for the inter-dependencies in the energy market and the physical power dispatch network, we use a statistical mechanics approach to sample stochastic perturbations in the power system and an agent based approach for the prediction of the market players' behavior. Our model is data-driven; it builds on one-day-ahead real market transactions in order to train agents' behaviour and allows us to deduce the market share of different energy sources. We benchmarked our approach on the Italian market, finding a good accordance with real data.

Development of Renewable Energies in the liberation of the energy market in Central America

International Nuclear Information System (INIS)

Rebollo, Jose; Puente, Margarita; Cabezas, Jose

2000-01-01

This paper presents the diagnostic of the current situation on renewable energy in Central America, including socio-economical situation, with economical index, supply and demand of energy and planning of wind resources. The experience of Europe in the promotion for the market of renewable energy, discussing the policies and cooperation between private sector and the government is included. A list of potential projects of renewable energy in each country of Central America based on biomass, hydro power, wind and other energy sources for power generation is presented

What drives renewable energy development?

International Nuclear Information System (INIS)

Alagappan, L.; Orans, R.; Woo, C.K.

2011-01-01

This viewpoint reviews renewable energy development in 14 markets that differ in market structure (restructured vs. not restructured), use of feed-in-tariff (FIT) (yes vs. no), transmission planning (anticipatory vs. reactive), and transmission interconnection cost allocated to a renewable generator (high vs. low). We find that market restructuring is not a primary driver of renewable energy development. Renewable generation has the highest percent of total installed capacity in markets that use a FIT, employ anticipatory transmission planning, and have loads or end-users paying for most, if not all, of the transmission interconnection costs. In contrast, renewable developers have been less successful in markets that do not use a FIT, employ reactive transmission planning, and have generators paying for most, if not all, of the transmission interconnection costs. While these policies can lead to higher penetration of renewable energy in the short run, their high cost to ratepayers can threaten the economic sustainability of renewable energy in the long-run. - Highlights: → Market structure seems to have little effect on renewable energy development. → Renewable energy development is more successful in markets that use a FIT. → Anticipatory transmission planning aids renewable energy development. → Low interconnection costs for developers also aids renewable energy development.

Mobilizing Public Markets to Finance Renewable Energy Projects: Insights from Expert Stakeholders

Energy Technology Data Exchange (ETDEWEB)

Schwabe, P.; Mendelsohn, M.; Mormann, F.; Arent, D. J.

2012-06-01

Financing renewable energy projects in the United States can be a complex process. Most equity investment in new renewable power production facilities is supported by tax credits and accelerated depreciation benefits, and is constrained by the pool of potential investors that can fully use these tax benefits and are willing to engage in complex financial structures. For debt financing, non-government lending has largely been provided by foreign banks that may be under future lending constraints due to economic and regulatory conditions. To discuss renewable energy financing challenges and to identify new sources of capital to the U.S. market, two roundtable discussions were held with renewable energy and financing experts in April 2012. This report summarizes the key messages of those discussions and is designed to provide insights to the U.S. market and inform the international conversation on renewable energy financing innovations.

Capacity market design and renewable energy: Performance incentives, qualifying capacity, and demand curves

Energy Technology Data Exchange (ETDEWEB)

Botterud, Audun; Levin, Todd; Byers, Conleigh

2018-01-01

A review of capacity markets in the United States in the context of increasing levels of variable renewable energy finds substantial differences with respect to incentives for operational performance, methods to calculate qualifying capacity for variable renewable energy and energy storage, and demand curves for capacity. The review also reveals large differences in historical capacity market clearing prices. The authors conclude that electricity market design must continue to evolve to achieve cost-effective policies for resource adequacy.

Has renewable energy induced competitive behavior in the Spanish electricity market?

International Nuclear Information System (INIS)

Ciarreta, Aitor; Espinosa, Maria Paz; Pizarro-Irizar, Cristina

2017-01-01

Recent energy policy has favored a massive introduction of Renewable Energy Sources on electricity markets, which has greatly impacted their performance. First, the electricity price has decreased as a consequence of the so-called merit-order effect. Another relevant effect is associated to the intermittent nature of Renewable Energy, which has increased the cost of ancillary services. A third and important aspect, less addressed in the literature, is the induced change in the strategic behavior of the conventional electricity producers. In principle, the entry of new generators in a concentrated market would make it more competitive and change the strategic behavior of the incumbents. We test this hypothesis for the Spanish wholesale market. While we find no significant change in behavior for Nuclear, Hydropower and Coal, a change is observed in Combined Cycle bidding strategies after the entry of renewable generators. Our analysis shows that the massive entry of Renewable Energy Sources made other generators' behavior more competitive in the short run, but the effect was not persistent. - Highlights: • The indirect effects of RES affect prices in electricity markets. • RES induced little change in Nuclear, Coal and Hydropower generation. • Combined Cycle bidding strategies have evolved to adapt to the introduction of RES. • RES made Combined Cycle's behavior more competitive in the short run. • The competitive effect induced by RES is not persistent in the long run.

78 FR 28214 - Gainesville Renewable Energy Center, LLC; Supplemental Notice That Initial Market-Based Rate...

Science.gov (United States)

2013-05-14

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER13-1348-000] Gainesville Renewable Energy Center, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for... Gainesville Renewable Energy Center, LLC's application for market- based rate authority, with an accompanying...

78 FR 40473 - Plainfield Renewable Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing...

Science.gov (United States)

2013-07-05

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER13-1734-000] Plainfield Renewable Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for... Plainfield Renewable Energy, LLC's application for market-based rate authority, with an accompanying rate...

77 FR 64980 - Chesapeake Renewable Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing...

Science.gov (United States)

2012-10-24

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER13-28-000] Chesapeake Renewable Energy LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for Blanket... proceeding of Chesapeake Renewable Energy LLC's application for market-based rate authority, with an...

Renewable Energies and European Union Law: between (internal) market and general interest

International Nuclear Information System (INIS)

Alvesdu, Carlos Manuel

2014-01-01

The various legislative instruments of the European Union related to renewable energy illustrate the complex relationship between the market and the public interest in the EU. How does the European public power articulate the public interest and the market? Such European laws are united by the way of a dialectical common approach. Firstly, it is about using the market to achieve the public interest, namely the protection of the environment. Therefore, the promotion of renewable energies, as a public interest goal, largely depends on the market. However, the market can do wrong. When the market is insufficient, fallible, the European Union will not hesitate to intervene to inflect it, in the name of the public interest

Renewable energy

International Nuclear Information System (INIS)

Yoon, Cheon Seok

2009-09-01

This book tells of renewable energy giving description of environment problem, market of renewable energy and vision and economics of renewable energy. It also deals with solar light like solar cell, materials performance, system and merit of solar cell, solar thermal power such as solar cooker and solar collector, wind energy, geothermal energy, ocean energy like tidal power and ocean thermal energy conversion, fuel cell and biomass.

Renewable energy export network

International Nuclear Information System (INIS)

Anon

2000-01-01

A Renewable Energy Exporters Network (REEN) has recently been established, following a meeting of renewable energy exporters and government agencies on 30 October 2000. REEN will assist the Australian renewable energy industry to take advantage of the opportunities offered by the burgeoning global market for renewable energy goods and services. Recent estimates of the significant potential global growth is renewable energy demand have reinforced the industry and Government's view that, in the medium to long-term, growth in the Australian renewable energy industry will largely depend on capturing export market share. Expanding the export market was identified as a crucial component in the Renewable Energy Action Agenda, developed jointly by industry and Government and released in June 2000. It was estimated that, for the industry to achieve its vision of sales of $4 billion per year by 2010, exports would need to comprise approximately 50% of the forecast growth in sales. As such, the need for a specific export strategy for the Australian renewable energy industry was recognised in the Action Agenda, and the establishment of the REEN is one of the first initiatives undertaken as part of the Renewable Energy Export Strategy. The REEN comprises approximately 50 export-ready renewable energy companies, the Department of Industry, Science and Resources, Austrade, and Stage Government agencies such as NSW's Sustainable Energy Development Authority. The Export Network will operate electronically, with face-to-face meetings held as appropriate. The Department of Industry, Science and Resources will facilitate the Export Network and has published a website at www.isr.gov.au/industry/reen. The site includes: a members directory; a discussion forum; information on opportunities to showcase Australian renewable; energy products and services; and Iinks to sites containing information that may be useful to renewable energy exporters. Other actions that are being undertaken as

Impact of Variable Renewable Energy in the Iberian Electricity Market

DEFF Research Database (Denmark)

Nuño, Edgar; Pereira, Adelino J. C.; Machado Ferreira, C. M.

2015-01-01

Market and system operators face new challenges as more renewable energy sources are added. The driving factors in this trend are mainly associated with environmental benefits of the renewable generation and climate change mitigation, as well as the reduction of the dependency of conventional...... and external energy source. If integrated in large scale, the nondispatchable nature of intermittent resources imposes some technical and economic challenges on the operation of power systems. Particularly, market dynamics and prices could be influenced by such integrations. Over the last years, the generation...... mix of Spain and Portugal has undergone a dramatic change, driven by new environmental policies and financial incentives. In this regard, wind has become one of the most popular alternative sources of energy, bringing new challenges from the operational and structural point of view. This trend has...

77 FR 47625 - Beebe Renewable Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes...

Science.gov (United States)

2012-08-09

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER12-2311-000] Beebe Renewable Energy, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request for... Beebe Renewable Energy, LLC's application for market-based rate authority, with an accompanying rate...

Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience

Energy Technology Data Exchange (ETDEWEB)

Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.

2012-04-01

Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This study documents the diverse approaches to effective integration of variable renewable energy among six countries -- Australia (South Australia), Denmark, Germany, Ireland, Spain, and the United States (Western region-Colorado and Texas)-- and summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. Each country has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. The ability to maintain a broad ecosystem perspective, to organize and make available the wealth of experiences, and to ensure a clear path from analysis to enactment should be the primary focus going forward.

77 FR 2718 - CPV Cimarron Renewable Energy Company, LLC; Supplemental Notice That Initial Market-Based Rate...

Science.gov (United States)

2012-01-19

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER12-775-000] CPV Cimarron Renewable Energy Company, LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request... of CPV Cimarron Renewable Energy Company, LLC's application for market- based rate authority, with an...

Overview of the wind energy market and renewable energy policy in Romania

Science.gov (United States)

Chioncel, C. P.; Tirian, G. O.; Gillich, N.; Hatiegan, C.; Spunei, E.

2017-01-01

The modern, developed society becomes aware of the necessity to conserve and protect the environment, increasing the gained benefits from a rational use of the natural resources. The pollution and the limitation of the fossil fuels, associated with the political situation worldwide that affects direct the energy strategies, have opened opportunities in the area of operation renewable energy sources. The development of the exploitation of renewable energy sources is directly linked to the energy politic, which, in terms of Romania, has the focus to integrate into the European Union energy strategy. The year 2014 brought in Romania many legislative changes to the renewable support scheme, that proves, once again, the legislative unpredictability and limitations introduced by the legislator ”during the game” that overthrew all economic profitability calculation of the existent and planned investments in this sector. The actual stage of the wind energy across Europe and the particular situation in Romania are highlighted; also a 2020 forecast for Romania tries to evaluate the perspective for the wind, and general, renewable energy market. The actual Romanian renewable energy support scheme, mainly regulated by “Law 220/2008” ends December 2016. The so-called “ready to build” projects especially wind- or hydropower, can’t be finalized until this deadline, being unable to qualify to the existing, mainly to inoperable, support scheme. Another legislation that has to clarify how investments in renewable energy will be supported is still not in place, blocking any project development, implementation and economical benefit of the producer. The paper presents in this respect an updated overview of the Romanian renewable energy sector and its perspective.

Impacts of compressed air energy storage plant on an electricity market with a large renewable energy portfolio

International Nuclear Information System (INIS)

Foley, A.; Díaz Lobera, I.

2013-01-01

Renewable energy generation is expected to continue to increase globally due to renewable energy targets and obligations to reduce greenhouse gas emissions. Some renewable energy sources are variable power sources, for example wind, wave and solar. Energy storage technologies can manage the issues associated with variable renewable generation and align non-dispatchable renewable energy generation with load demands. Energy storage technologies can play different roles in each of the step of the electric power supply chain. Moreover, large scale energy storage systems can act as renewable energy integrators by smoothing the variability. Compressed air energy storage is one such technology. This paper examines the impacts of a compressed air energy storage facility in a pool based wholesale electricity market in a power system with a large renewable energy portfolio

Financial incentives to promote renewable energy systems in European electricity markets: a survey

International Nuclear Information System (INIS)

Haas, R.; Huber, C.; Wohlgemuth, N.

2001-01-01

Renewable energy systems may contribute to sustainable development. Therefore, one of the challenges for energy policy is to ensure that renewable energy options have a fair opportunity to compete with other supply resources. This paper presents a survey on promotion mechanisms to enhance the market penetration of renewable energies in European electricity markets. Strategies include rebates and tax incentives, regulated rates, system benefit charges, bidding-oriented mechanisms and various types of green pricing programs. The paper concludes that efficient promotion mechanisms should focus on incentives per kWh generated rather than on rebates on the investment in generating capacity (kW), and that there is no one single program type which has the best application to the promotion of all renewable technologies. For example, enhanced buy-back rates work as a dissemination strategy for wind energy but they do not work for photovoltaics. (author)

Renewable energy annual 1995

International Nuclear Information System (INIS)

1995-12-01

The Renewable Energy Annual 1995 is the first in an expected series of annual reports the Energy Information Administration (EIA) intends to publish to provide a comprehensive assessment of renewable energy. This report presents the following information on the history, status, and prospects of renewable energy data: estimates of renewable resources; characterizations of renewable energy technologies; descriptions of industry infrastructures for individual technologies; evaluations of current market status; and assessments of near-term prospects for market growth. An international section is included, as well as two feature articles that discuss issues of importance for renewable energy as a whole. The report also contains a number of technical appendices and a glossary. The renewable energy sources included are biomass (wood), municipal solid waste, biomass-derived liquid fuels, geothermal, wind, and solar and photovoltaic

Renewable energy annual 1995

Energy Technology Data Exchange (ETDEWEB)

NONE

1995-12-01

The Renewable Energy Annual 1995 is the first in an expected series of annual reports the Energy Information Administration (EIA) intends to publish to provide a comprehensive assessment of renewable energy. This report presents the following information on the history, status, and prospects of renewable energy data: estimates of renewable resources; characterizations of renewable energy technologies; descriptions of industry infrastructures for individual technologies; evaluations of current market status; and assessments of near-term prospects for market growth. An international section is included, as well as two feature articles that discuss issues of importance for renewable energy as a whole. The report also contains a number of technical appendices and a glossary. The renewable energy sources included are biomass (wood), municipal solid waste, biomass-derived liquid fuels, geothermal, wind, and solar and photovoltaic.

Current State of the Voluntary Renewable Energy Market (Presentation)

Energy Technology Data Exchange (ETDEWEB)

Heeter, J.

2013-09-01

This presentation highlights the status of the voluntary green power market in 2012. The voluntary green power market totaled more than 48 million MWh in 2012, with about 1.9 million customers participating. The supply continues to be dominated by wind, though solar is increasing its share of utility green pricing programs. Prices for voluntary renewable energy certificates (RECs) increased to above $1/MWh.

Renewable energy and energy efficiency in liberalized European electricity markets

International Nuclear Information System (INIS)

Wohlgemuth, Norbert

2000-01-01

Given the projected growth in global energy demand, renewable energy (RE) and energy efficiency (EE) play a crucial role in the attainment of the environmental dimension of sustainable development. Policy mechanisms to promote RE and EE have been justified on the rationale of market failure, which prevents price signals alone from being sufficient to induce consumers to implement the socially optimal level. The paper shows driving forces for increasing competition in the electricity supply industry and discusses the implication of electricity industry liberalisation on RE/EE activities. Policies of the European Commission to promote RE/EE are presented, including a more detailed description of the experience made in the United Kingdom. Conclusions are that the new market structure may be too short sighted to stimulate RE and EE activities and that the design of policies should be compatible with the new market-orientated structure of the electricity industry. If implemented properly, and compatible with the competitive market organisation, electricity supply liberalisation could pave the way for 'sustainable electricity' in the European Union. (Author)

Financing renewable energies. Windows for new opportunities

International Nuclear Information System (INIS)

Pontenagel, I.

1999-01-01

Renewable Energies are recognized as indispensable for a sustainable energy economy. Their progressive market introduction, however, depend very much on their economic competitiveness. A wide range of Renewable Energies are already cost competitive today. But still a shortage of information as well as mental and structural barriers are hindering their rapid market penetration. This volume publishes the results of two conferences, held by EUROSOLAR and dealing with the problems of Financing Renewable Energies. In five chapters - Banking Concepts for Financing Renewable Energies - Public Frameworks for Renewable Energy Market Introduction - Financing Renewable Energies in Developing Countries - Green Power - Market Structures and Players - Renewable Energy Financing Applications a variety of new concepts and fresh ideas are presented. (orig.)

Contribution of green labels in electricity retail markets to fostering renewable energy

International Nuclear Information System (INIS)

Mulder, Machiel; Zomer, Sigourney P.E.

2016-01-01

In European countries, retailers are obliged to disclose the energy source and the related environmental impacts of their portfolio over the preceding year. The electricity supplied in the Dutch retail market is presented as renewable energy for 34%, but this relatively high share is for 69% based on certificates (Guarantees of Origin) which are imported from in particular Norway. The certificates are used to sell green electricity to consumers. The premium for green electricity which is actually paid by Dutch consumers is no more than a few percentages of the retail price. The low level of this premium is related to the abundant supply of certificates at low marginal costs from Norway. This also means that the premium for green electricity is too low to give an incentive for investments in new capacity. Hence, the current labelling system for renewable electricity is mainly valuable, besides being an instrument for tracking and tracing of renewable energy, as a marketing instrument for electricity retailers. The effectiveness of Guarantees of Origin as a policy instrument to foster renewable electricity sources is weak. This effectiveness can be raised by implementing restrictions on the international trade or the issuance of new certificates. - Highlights: • In Europe, electricity retailers are obliged to disclose the energy source. • In the Netherlands, most renewable energy is based on imported certificates. • The certificates system does not result in more renewable energy. • Restrictions on international trade may improve the effectiveness.

Renewable energy - an attractive marketing proposition

International Nuclear Information System (INIS)

Anon

2001-01-01

The Global Utilities arm of international business consultants PriceWaterhouseCoopers (PWC) has provided a unique insight into the investment plans of Australian utilities regarding renewable energy. PWC has released the findings of a survey of electricity generators and retailers that neatly illustrates the risks and opportunities facing corporations liable under the mandatory renewable energy targets (MRET). Probably the most revealing finding of the PWC report- 'The Future of Australian Renewable Energy' was that the majority of respondents have not yet formulated a comprehensive renewable energy strategy aimed at meeting their obligations under MRET, or maximising the benefit of renewable energy certificates (RECs) produced. Notably, the majority of those surveyed believed that the strongest incentives for investing in new renewable energy generation was the company's 'green image'. In contrast investment characteristics such as low risk returns, the achievement of cost efficiencies or attractive revenue streams were not critical reasons for investing in renewable generation

77 FR 35669 - AltaGas Renewable Energy Colorado LLC; Supplemental Notice That Initial Market-Based Rate Filing...

Science.gov (United States)

2012-06-14

... DEPARTMENT OF ENERGY Federal Energy Regulatory Commission [Docket No. ER12-1875-000] AltaGas Renewable Energy Colorado LLC; Supplemental Notice That Initial Market-Based Rate Filing Includes Request... of AltaGas Renewable Energy Colorado LLC application for market-based rate authority, with an...

Nuclear-Renewable Energy Systems Secondary Product Market Analysis Study

Energy Technology Data Exchange (ETDEWEB)

Deason, Wesley Ray [Idaho National Lab. (INL), Idaho Falls, ID (United States)

2015-06-01

In order to properly create a program surrounding the development of any technological concept it is necessary to fully understand the market in which it is being developed. In the case of Integrated Nuclear-Renewable Hybrid Energy Systems (HES), there are two economic markets in which it must be able to participate in: the electricity market and the secondary product market associated with the specific system. The purpose of the present report is to characterize the secondary product market in the U.S. and to provide recommendations for further developing the HES program. While HESs have been discussed in depth in many other reports, it is helpful to discuss them briefly in the present work [REF]. The concept of the HES can be deduced to a system, featuring a combination of a nuclear power plant, a renewable energy source, and an industrial manufacturing plant . The system is designed in a fashion that allows it either to produce electricity or to manufacture a secondary product as needed. The primary benefit of this concept lies in its ability to maximize economic performance of the integrated system and to manufacture products in a carbon-free manner. A secondary benefit is the enhanced supply-side flexibility gained by allowing the HES to economically provide grid services. A key tenant to nuclear power plant economics in today’s electricity market is their ability to operate at a very high capacity factor. Unfortunately, in regions with a high penetration of renewable energy, the carbon free energy produced by nuclear power may not be needed at all times. This forces the nuclear power plant to find a user for its excess capacity. This may include paying the electric grid to find a user, releasing energy to the environment by ‘dumping steam’, or reducing power. If the plant is unable to economically or safely do any of these actions, the plant is at risk of being shutdown. In order to allow for nuclear power plants to continue to contribute carbon free

Nuclear-Renewable Energy Systems Secondary Product Market Analysis Study

International Nuclear Information System (INIS)

Deason, Wesley Ray

2015-01-01

In order to properly create a program surrounding the development of any technological concept it is necessary to fully understand the market in which it is being developed. In the case of Integrated Nuclear-Renewable Hybrid Energy Systems (HES), there are two economic markets in which it must be able to participate in: the electricity market and the secondary product market associated with the specific system. The purpose of the present report is to characterize the secondary product market in the U.S. and to provide recommendations for further developing the HES program. While HESs have been discussed in depth in many other reports, it is helpful to discuss them briefly in the present work [REF]. The concept of the HES can be deduced to a system, featuring a combination of a nuclear power plant, a renewable energy source, and an industrial manufacturing plant . The system is designed in a fashion that allows it either to produce electricity or to manufacture a secondary product as needed. The primary benefit of this concept lies in its ability to maximize economic performance of the integrated system and to manufacture products in a carbon-free manner. A secondary benefit is the enhanced supply-side flexibility gained by allowing the HES to economically provide grid services. A key tenant to nuclear power plant economics in today's electricity market is their ability to operate at a very high capacity factor. Unfortunately, in regions with a high penetration of renewable energy, the carbon free energy produced by nuclear power may not be needed at all times. This forces the nuclear power plant to find a user for its excess capacity. This may include paying the electric grid to find a user, releasing energy to the environment by -dumping steam', or reducing power. If the plant is unable to economically or safely do any of these actions, the plant is at risk of being shutdown. In order to allow for nuclear power plants to continue to contribute carbon free

Integrating Variable Renewable Energy in Electric Power Markets. Best Practices from International Experience

Energy Technology Data Exchange (ETDEWEB)

Cochran, Jaquelin [National Renewable Energy Lab. (NREL), Golden, CO (United States); Bird, Lori [National Renewable Energy Lab. (NREL), Golden, CO (United States); Heeter, Jenny [National Renewable Energy Lab. (NREL), Golden, CO (United States); Arent, Douglas J. [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2012-04-30

Many countries—reflecting very different geographies, markets, and power systems—are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

Promoting the market and system integration of renewable energies through premium schemes—A case study of the German market premium

International Nuclear Information System (INIS)

Gawel, Erik; Purkus, Alexandra

2013-01-01

With the share of renewable energies within the electricity sector rising, improving their market and system integration is of increasing importance. By offering plant operators a premium on top of the electricity market price, premium schemes represent an option to increase the alignment of renewable electricity production with market signals, and have been implemented by several EU member states. This paper examines the case study of the German market premium scheme adopted in 2012. Building on an evaluation of early experiences, we discuss whether the market premium contributes to the aims of market and/or system integration (effectiveness), and what potential efficiency gains and additional costs of “administering integration” are associated with it (efficiency). While exposing renewables to price risks is not the scheme’s purpose, it has successfully increased participation in direct marketing. However, risks of overcompensating producers for marketing and balancing costs are high, and the benefits of gradually leading plant operators towards the market are questionable. Incentives for demand-oriented production are established, but they seem insufficient particularly in the case of intermittent renewable energy sources. To conclude, we provide an outlook on alternative designs of premium schemes, and discuss whether they seem better suited for addressing the challenges ahead. - Highlights: • Premium schemes are used to align renewable energy sources (RES) with market signals. • We examine the effectiveness and efficiency of the German market premium scheme. • Participation in direct marketing has increased, but so have support costs. • For intermittent RES, incentives for demand-oriented production are insufficient. • Efficiency gains from exposing RES to market risks entail several trade-offs

A thermal storage capacity market for non dispatchable renewable energies

Science.gov (United States)

Bennouna, El Ghali; Mouaky, Ammar; Arrad, Mouad; Ghennioui, Abdellatif; Mimet, Abdelaziz

2017-06-01

Due to the increasingly high capacity of wind power and solar PV in Germany and some other European countries and the high share of variable renewable energy resources in comparison to fossil and nuclear capacity, a power reserve market structured by auction systems was created to facilitate the exchange of balance power capacities between systems and even grid operators. Morocco has a large potential for both wind and solar energy and is engaged in a program to deploy 2000MW of wind capacity by 2020 and 3000 MW of solar capacity by 2030. Although the competitiveness of wind energy is very strong, it appears clearly that the wind program could be even more ambitious than what it is, especially when compared to the large exploitable potential. On the other hand, heavy investments on concentrated solar power plants equipped with thermal energy storage have triggered a few years ago including the launching of the first part of the Nour Ouarzazate complex, the goal being to reach stable, dispatchable and affordable electricity especially during evening peak hours. This paper aims to demonstrate the potential of shared thermal storage capacity between dispatchable and non dispatchable renewable energies and particularly CSP and wind power. Thus highlighting the importance of a storage capacity market in parallel to the power reserve market and the and how it could enhance the development of both wind and CSP market penetration.

An analysis of Australia's large scale renewable energy target: Restoring market confidence

International Nuclear Information System (INIS)

Nelson, Tim; Nelson, James; Ariyaratnam, Jude; Camroux, Simon

2013-01-01

In 2001, Australia introduced legislation requiring investment in new renewable electricity generating capacity. The legislation was significantly expanded in 2009 to give effect to a 20% Renewable Energy Target (RET). Importantly, the policy was introduced with bipartisan support and is consistent with global policy trends. In this article, we examine the history of the policy and establish that the ‘stop/start’ nature of renewable policy development has resulted in investors withholding new capital until greater certainty is provided. We utilise the methodology from Simshauser and Nelson (2012) to examine whether capital market efficiency losses would occur under certain policy scenarios. The results show that electricity costs would increase by between $51 million and $119 million if the large-scale RET is abandoned even after accounting for avoided renewable costs. Our conclusions are clear: we find that policymakers should be guided by a high level public policy principle in relation to large-scale renewable energy policy: constant review is not reform. -- Highlights: •We examine the history of Australian renewable energy policy. •We examine whether capital market efficiency losses occur under certain policy scenarios. •We find electricity prices increase by up to $119 million due to renewable policy uncertainty. •We conclude that constant review of policy is not reform and should be avoided

Renewable energy location and network congestion in a liberalised power market

International Nuclear Information System (INIS)

Singh, Balbir

2003-01-01

The report is a partial study in the SNF projects No. 3080 and 3155, ''Environmental measures and efficiency'' and ''Robust energy markets''. The study presents a spatial equilibrium optimisation model of a power market. The reports concludes that the economic and environmental efficiency of the introduction of renewable energy generation in a congested network is crucially dependent on the location of these resources in relation to the capacity constraints in the network. Physical laws that govern flows in meshed electricity networks introduce important substitution and complementary impacts between generation assets at various locations. Neglect of substitution impacts in location decisions may result in crowding-out of existing generation capacity during times of congestion, while on the other hand complementary relationships between new and existing generation may reduce congestion. In the context of introduction of new renewable technologies, there is need for coordination between the development of renewable generation resources and network capacity to avoid that crowding-out of existing capacity, particularly if the existing capacity is primarily hydropower. This would result in production and environmental inefficiency in policy implementation. It may be emphasized that coordination does not necessarily imply centralization of renewable energy and network developments. The research and policy challenge is to devise grid-access regime and tariff mechanism that promote the necessary coordination. In the Norwegian policy context, it calls for a flexibility for Statnett to determine appropriate access regime for the renewable energy and a greater advisory role in the licensing process undertaken by the Norwegian Water Resources and Energy Directorate (NVE)

The USAID/DOE Mexico Renewable Energy Program: Using technology to build new markets

Science.gov (United States)

Hanley, Charles J.

1997-02-01

Under the Mexico Renewable Energy Program, managed by Sandia National Laboratories, sustainable markets for renewable energy technologies are developed through the implementation of pilot projects. Sandia provides technical assistance to several Mexican rural development organizations so they can gain the technical and institutional capability to appropriately utilize renewables within their ongoing programs. Activities in the area of water pumping have shown great replication potential, where the tremendous rural demand for water represents a potential renewable market of over 2 billion. Thirty-six photovoltaic water pumping projects have been installed thus far in the Mexican states of Chihuahua, Sonora, Baja California Sur, and Quintana Roo, and 60 more will be implemented this year. The majority of these projects are in partnership with the Mexican Trust for Shared Risk (FIRCO), which has asked Sandia for assistance in extending the program nationwide. This replication is beginning in five new states, and will continue to grow. Sandia is keeping the U.S. renewable energy industry involved in the program through facilitating partnerships between U.S. and Mexican vendors, and through commercialization assistance with new systems technologies. The program is sponsored by the Department of Energy and the U.S. Agency for International Development.

Exploring the capital markets and securitisation for renewable energy projects

Energy Technology Data Exchange (ETDEWEB)

Haggard, M.E.; Thompson, M.A.; Colonna, S.

2000-07-01

This study looks at the opportunities for renewable energy projects to access the bond market to finance projects or refinance existing projects, and what, if anything, is required to facilitate this. In addition, the study looks at the possible use of securitisation to group projects together as a means of dealing with some of the challenges faced by renewables, such as small size relative to most bond issues and the transaction costs. (author)

Exploring the capital markets and securitisation for renewable energy projects

International Nuclear Information System (INIS)

Haggard, M.E.; Thompson, M.A.; Colonna, S.

2000-01-01

This study looks at the opportunities for renewable energy projects to access the bond market to finance projects or refinance existing projects, and what, if anything, is required to facilitate this. In addition, the study looks at the possible use of securitisation to group projects together as a means of dealing with some of the challenges faced by renewables, such as small size relative to most bond issues and the transaction costs. (author)

The renewable energy development framework - II. The foundations of renewable energy development: Economic foundations of renewable energies; International foundations of renewable energies; European foundations of renewable energy development; Foundations of renewable energy development in internal law

International Nuclear Information System (INIS)

Combes Motel, Pascale; Thebaut, Matthieu; Loic Grard; Michallet, Isabelle

2012-01-01

A first article analysis the reasons for the development of renewable energies (economic and environmental reasons, European commitments in terms of production objectives), how these renewable energies can be developed (acceptation by the population, administrative, technological, and financial constraints, political instruments related to market, taxes and purchase prices). A second article proposes a discussion about the way international law deals with renewable energies as far as texts as well as actors are concerned. The third article describes the European ambitions regarding renewable energies as a product of national perspectives (national action plans and projects) as well as of European perspectives (financing, integrated actions). The last article presents and comments various legal texts dealing with the development of renewable energies in France (texts concerning the right to energy, the environment law, planning tools, incentive measures)

U.S. Renewable Electricity Market

Science.gov (United States)

The US green energy market is broken up into two main groups: the mandatory markets including state Renewable Portfolio Standards (RPS) and voluntary markets, also referred to as green power markets.  This page delineates this two markets.

Modern Energy Markets Real-Time Pricing, Renewable Resources and Efficient Distribution

CERN Document Server

Kopsakangas-Savolainen, Maria

2012-01-01

Energy has moved to the forefront in terms of societal and economic development. Modern Energy Markets is a comprehensive, economically oriented, exploration of modern electricity networks from production and distribution to deregulation and liberalization processes. Updating previous work by the authors, different aspects are considered resulting in a complete and detailed picture of  the systems and characteristics of modern electricity markets. Modern Energy Markets provides clear detail whilst encompassing a broad scope of topics and includes: •A method to model energy production systems including the main characteristics of future demand side management, •Different applications of this model in nuclear and renewable energy scenarios, •An analysis of Real-Time Pricing of electricity and its potential effects across the market, and, •A discussion of the need for regulation in an easily monopolized industry. Engineering and Economics students alike will find that Modern Energy Markets is a succinct...

Use of derivative instruments to integrate renewable energies into the electricity market; Einsatz derivativer Instrumente zur Integration erneuerbarer Energien in den Strommarkt

Energy Technology Data Exchange (ETDEWEB)

Hartmann, Kilian [Hochschule Aschaffenburg (Germany). Fakultaet fuer Ingenieurwissenschaften; Nelles, Michael [Rostock Univ. (Germany). Agrar- und Umweltwissenschaftliche Fakultaet; Candra, Dodiek Ika

2017-08-01

The implementation of renewable energies to the electricity market is inefficient and expensive with current measures. Further these measures are prejudicial for the existing energy-only-market. The combination of fluctuating and controllable renewable powers in virtual power plants enables the marketing of this power as a derivate on the future market. Thus would relieve the spot market and stabilize pricing on both markets. Subsequently the renewable energy obligation will reduce and renewable energies could be marketed as secured power.

Shaping markets : A neoinstitutional analysis of the emerging organizational field of renewable energy in China

Energy Technology Data Exchange (ETDEWEB)

Hoeyrup Christensen, N.

2013-02-01

Today, China is the world leading investor in renewable energy. At the heart of this effort lies China's ability to shape markets through industrial policies. Through a neoinstitutional theoretical perspective this dissertation views China's efforts within renewable energy as the emergence of a new organizational field. Despite the importance of organizational fields as a key concept in the neoinstitutional literature, there is a lack of studies on exactly how they emerge. Throughout four articles this dissertation scrutinizes therefore the emergence of the field of renewable energy in China and the mechanisms driving this emergence. Firstly, the relation between state and market is examined, and it is argued that Chinese state interventions in markets, for instance through subsidies, are based in deeply rooted historic grounds. Thus, the article explains the general context in which the Party-state handles subsidized markets, like renewable energy. Secondly, the specific development of the idea of sustainable development, and how it evolves into an institutional logic of its own, is analysed. It is around this institutional logic that renewable energy emerges as a field. The key mechanism in play is the idea work of the Party state by which sustainable development is positioned in the Partystate discourse. Thirdly, subsidization of renewable energy in China is examined as an important feature of the increasing institutionalization of the organizational field. It is shown how negotiation between companies and Party-state is the vital mechanism by which subsidies are determined. Fourthly, it is analysed how the institutional entrepreneurship of one single company resulted in an official recognition of biomass power production as a source of renewable energy, and thereby an expansion of the organizational field. Again, the main mechanism was the company's idea work, through which a crucial link between biomass and sustainable development was

Floating market bonus in the Renewable Energy Law. Opportunity or risk for renewable energies?; Gleitende Marktpraemie im EEG. Chance oder Risiko fuer die Erneuerbaren?

Energy Technology Data Exchange (ETDEWEB)

Nestle, Uwe [Buendnis 90/die Gruenen, Flensburg (Germany). Bundesarbeitsgemeinschaft Energie

2011-03-15

The call for market integration amid the discussion about the future development of the Renewable Energy Law (EEG) can no longer be overheard. One instrument frequently mentioned in this context is the so-called ''floating market bonus'', which the German Federal Government is considering to introduce, as it declares in its Energy Concept. On weighing the pros and cons of a floating market bonus it becomes clear that the goals it is intended to achieve such as adjusting feed-in to demand cannot be brought about in this way. At the same time it poses a menace to the continued rapid deployment of renewable energy production plants for electricity generation. It would therefore be better turn to other instruments that are better suited for achieving the purpose of the floating market bonus.

Implementation of the Third Energy Package and Renewable Energy Sources on Croatian Liberalised Market

International Nuclear Information System (INIS)

Toljan, I.

2016-01-01

The Croatian Third Energy Package was adopted in 2012 and its implementation in the previous period until today has accelerated changes in all areas of Croatian energy sector. The content of The EU's Third Energy Package was made in two directives and three regulations. Directives are implemented into national legislation of EU Member States (they choose the methods). Regulations are implemented directly in the entire EU. The main goal is to establish a unique electricity and gas market with market prices (or lower) and high safety and public service standards. Croatia began with incentives for generation from renewable energy sources in 2004 and by the end of this year, the first contract in that system (wind power plant Ravne on Pag island) will end. The question that presents itself is where and how will the owner sell electricity from now on. Current market suppliers as well as the new organisation in Croatian energy sector, Croatian Power Exchange, are both realistic options. Balancing market led by Croatian TSO is becoming bigger and participates in the business because of the higher amount of installed power connected to the power grid (mostly wind power plants). Can Croatian Transmission Operator still guarantee safe operational planning as before (the last blackout happened 10 years ago)? The existing electricity and gas market design doesn't satisfy its participants any more so an adjustment to new facts of a free market is necessary (power exchange, no more stimulations for renewable sources). What changes should be made in legislation so that the free market can develop and be harmonised with the European market? Decarbonization and digitalisation are a base of European energy policy but they are still waiting for a wider and stronger application in Croatia, is the current legislation enough? With these analysis the paper contributes to the learnings about the implementation of The Third Energy Package in Croatia and a unique energy policy in the EU.(author).

Solar Renewable Energy Certificate (SREC) Markets: Status and Trends

Energy Technology Data Exchange (ETDEWEB)

Bird, L.; Heeter, J.; Kreycik, C.

2011-11-01

This paper examines experience in solar renewable energy certificate (SREC) markets in the United States. It describes how SREC markets function--key policy design provisions, eligible technologies, state and regional eligibility rules, solar alternative compliance payments, measurement and verification methods, long-term contracting provisions, and rate caps. It also examines the trends of SREC markets--trading volumes, sourcing trends, trends in the size of solar photovoltaic (PV) systems driven by these markets, and trends in price and compliance. Throughout, the paper explores key issues and challenges facing SREC markets and attempts by policymakers to address some of these market barriers. Data and information presented in this report are derived from SREC tracking systems, brokers and auctions, published reports, and information gleaned from market participants and interviews with state regulators responsible for SREC market implementation. The last section summarizes key findings.

Advanced Modeling of Renewable Energy Market Dynamics: May 2006

Energy Technology Data Exchange (ETDEWEB)

Evans, M.; Little, R.; Lloyd, K.; Malikov, G.; Passolt, G.; Arent, D.; Swezey, B.; Mosey, G.

2007-08-01

This report documents a year-long academic project, presenting selected techniques for analysis of market growth, penetration, and forecasting applicable to renewable energy technologies. Existing mathematical models were modified to incorporate the effects of fiscal policies and were evaluated using available data. The modifications were made based on research and classification of current mathematical models used for predicting market penetration. An analysis of the results was carried out, based on available data. MATLAB versions of existing and new models were developed for research and policy analysis.

Determinants of Renewable Energy Innovation: Environmental Policies vs. Market Regulation

International Nuclear Information System (INIS)

Vona, Francesco; Nesta, Lionel; Nicolli, Francesco

2012-02-01

This paper carries out a comprehensive analysis of renewable energy innovations considering four mechanisms suggested by innovation models: 1. policy-inducement; 2. market structure; 3. demand and social cohesion- mainly proxied by income inequality; 4. characteristics of country knowledge base. For OECD countries and years 1970-2005, we build a unique dataset containing time-varying information on quality-adjusted patent production in renewable energy, the latter being a function of environmental policies, green R and D, entry barriers, knowledge stock, knowledge diversity and income inequality. We develop count data models using the Generalized Method of Moments (GMM) to account for endogeneity of policy support. Our synthetic policy index positively affects innovations especially in countries with deregulated energy markets and low entry barriers. The effect of entry barriers and inequality is negative and of similar magnitude as that of policy. Product market liberalization positively affects green patent generation, especially so when ambitious policies are adopted, when the initial level of public R and D expenditures and when the initial share of distributed energy generation is high. Our results are robust to alternative specifications, to the inclusion of technology-specific effects and to the use of quality-adjusted patents as dependent variables. In the latter case, the estimated effect of lowering entry barriers and of knowledge diversity almost double on citation count relatively to patent count. (authors)

Renewable energy policy. Into the mainstream

International Nuclear Information System (INIS)

2003-01-01

Renewable energy today is at a critical stage of development: renewable technologies are maturing, and costs for some technologies are in the competitive range. Beyond the energy they produce, renewable energy technologies offer a variety of other benefits towards the achievement of sustainable development goals. This promise has led to all IEA governments to support their greater development. But, while renewables markets are growing strongly, additional steps must be taken to accelerate the achievement of sustainable, large-scale markets. This report by the IEA's Renewable Energy Working Party outlines those steps, and the benefits of moving renewable energy into the mainstream

Renewable energy in eastern Asia: Renewable energy policy review and comparative SWOT analysis for promoting renewable energy in Japan, South Korea, and Taiwan

International Nuclear Information System (INIS)

Chen, Wei-Ming; Kim, Hana; Yamaguchi, Hideka

2014-01-01

Japan, South Korea, and Taiwan are deficient of domestic fossil energy sources and depend significantly on imported fuels. Since the oil shock in the 1970s, all three countries have promoted renewable energy as an alternative energy source to improve energy security. Currently, renewable energy is being promoted to build low-carbon economies. This study reviews the development of renewable energy policies and roadmaps. It also examines and compares strengths, weaknesses, opportunities, and threats (SWOT) of these countries in the context of advancing renewable energy policies and technologies and expanding domestic renewable energy installations, as well as strategically positioning themselves in the international renewable energy market as exporters of clean energy technologies. Through the SWOT analysis, this paper identifies a capacity for additional renewable energy deployment in these countries and highlights the necessity of increased cooperation between the three countries to strengthen their domestic and regional renewable energy sectors and compete in the global renewable energy market in the post-Fukushima era. - Highlights: • Japan, South Korea and Taiwan need to develop renewable energy (RE). • These countries have been too conservative to achieve a notable share of RE. • Pro-nuclear energy policies have hindered the RE development in these countries. • The Fukushima disaster made these countries more favorable to RE. • Joint cooperation for R and D and deployment of RE is recommended

The USAID/DOE Mexico Renewable Energy Program: Using technology to build new markets

International Nuclear Information System (INIS)

Hanley, C.J.

1997-01-01

Under the Mexico Renewable Energy Program, managed by Sandia National Laboratories, sustainable markets for renewable energy technologies are developed through the implementation of pilot projects. Sandia provides technical assistance to several Mexican rural development organizations so they can gain the technical and institutional capability to appropriately utilize renewables within their ongoing programs. Activities in the area of water pumping have shown great replication potential, where the tremendous rural demand for water represents a potential renewable market of over $2 billion. Thirty-six photovoltaic water pumping projects have been installed thus far in the Mexican states of Chihuahua, Sonora, Baja California Sur, and Quintana Roo, and 60 more will be implemented this year. The majority of these projects are in partnership with the Mexican Trust for Shared Risk (FIRCO), which has asked Sandia for assistance in extending the program nationwide. This replication is beginning in five new states, and will continue to grow. Sandia is keeping the U.S. renewable energy industry involved in the program through facilitating partnerships between U.S. and Mexican vendors, and through commercialization assistance with new systems technologies. The program is sponsored by the Department of Energy and the U.S. Agency for International Development. copyright 1997 American Institute of Physics

Renewable Energy Country Attractiveness Indices

International Nuclear Information System (INIS)

2011-02-01

Since 2003 Ernst and Young team has been releasing quarterly data that ranks national renewable energy markets, and their suitability for individual technologies. The Country Attractiveness Indices now track the relative attractiveness of 30 countries' renewable energy markets across a selection of technologies each quarter. The Renewable Energy Country Attractiveness Indices publication scores and comments on various technologies, including: on-shore wind, off-shore wind, solar PV, solar CSP, biomass, and geothermal.

Role of Renewable Energy Certificates in Developing New Renewable Energy Projects

Energy Technology Data Exchange (ETDEWEB)

Holt, E.; Sumner, J.; Bird, L.

2011-06-01

For more than a decade, renewable energy certificates (RECs) have grown in use, becoming a common way to track ownership of the renewable and environmental attributes of renewable electricity generation. In recent years, however, questions have risen about the role RECs play in the decision to build new renewable energy projects. Information from a variety of market participants suggests that the importance of RECs in building new projects varies depending on a number of factors, including electricity market prices, the cost-competitiveness of the project, the presence or absence of public policies supportive of new projects, contract duration, and the perspective of different market participants. While there is no single answer to the role that RECs play, there are situations in which REC revenues are essential to project economics, as well as some where REC revenues may have little impact. To strengthen the role RECs play in both compliance and voluntary markets, there are a number of options that could be considered. In compliance markets, lawmakers or regulators would have to adopt measures that strengthen the role of RECs in the development of new projects, while in voluntary markets, it would be up to program leaders and market participants themselves to implement measures.

Renewable energy

International Nuclear Information System (INIS)

Berghmans, J.

1994-01-01

Renewable energy sources have a small environmental impact and can be easily integrated within existing structures. Moreover, the use of renewable energy sources can contribute to achieve a zero emission of carbon dioxide by 2100, provided an efficient environmental policy during the next 40 years. This includes a correct pricing policy of renewable energy sources with respect to nuclear energy and fossil fuel. The latter energy sources have been favoured in the past. In addition, an open market policy, the restructuring or conversion of existing international energy institutes, and international treaties for the protection of the natural environment are needed in view of achieving the zero carbon dioxide emission objective. (A.S.)

Renewable Energy CSOPs in Germany

Directory of Open Access Journals (Sweden)

Jens Lowitzsch

2013-01-01

Full Text Available The Energy-CSOP facilitates broad equity participation of citizens without assets or savings in a regulated public energy utility. As the CSOP is designed for regulated markets with guaranteed prices, regulated market access and long-term relationships between producer and consumer, the energy market is predestined. A CSOP trust can be set up for a renewable energy plant (e.g., a biogas reactor, a solar panel, a windmill or a geothermic drill. European states have set an ambitious target to reach 20% share of energy from renewable sources by 2020. Germany as Europe’s green energy leader could become a pioneer in CSOP implementation. Small communities in Europe would benefit from the increased share of renewable energy resources.

Funding of renewable energy sources in the deregulated German electricity market; Foerderung erneuerbarer Energien im liberalisierten deutschen Strommarkt

Energy Technology Data Exchange (ETDEWEB)

Wawer, T.

2007-12-14

This study intends to develop an efficient market design for the German electricity market, with particular regard to renewable energy sources. The German electricity market is disintegrated, i.e. market sectors are not coordinated by a central agency but by their own interactions. The first part of the investigation analyzes the interdependences of market sectors, while the second part will analyze funding instruments for renewable energy sources on this basis. (orig.)

Marketing of renewable energies. Foundations, business models, case studies; Marketing Erneuerbarer Energien. Grundlagen, Geschaeftsmodelle, Fallbeispiele

Energy Technology Data Exchange (ETDEWEB)

Herbes, Carsten [HfWU Nuertingen-Geislingen, Nuertingen (Germany); Friege, Christian (ed.)

2015-07-01

How to market green electricity or biomethane? What is the right price for renewable energy and how do you design the optimal use of social media? What impact have the EEG or electromobility to the Green Power Marketing? Does direct marketing works or is online marketing the guarantee of success? Answers to these and many other basic questions provides the band with contributions from leading scientists and renowned practitioners. For the first time they describe in a structured form the basics of marketing of renewable energies, provide an introduction to the legal and market-based features and present new business models. The book is based on the latest research results, treats all questions of marketing issues important for practitioners, provides case studies and specific recommendations. [German] Wie vermarktet man Oekostrom oder Biomethan? Was ist der richtige Preis fuer Erneuerbare Energien und wie gestaltet man den optimalen Einsatz von Social Media? Welche Auswirkungen haben das EEG oder die Elektromobilitaet auf das Gruenstrom-Marketing? Funktioniert Direktvertrieb oder ist Online-Marketing der Erfolgsgarant? Antworten auf diese und viele weitere grundlegende Fragen liefert dieser Band mit Beitraegen fuehrender Wissenschaftler und renommierter Praktiker. Erstmals beschreiben sie hier in strukturierter Form die Grundlagen der Vermarktung von Erneuerbaren Energien, fuehren in die gesetzlichen und marktlichen Besonderheiten ein und stellen neue Geschaeftsmodelle vor. Das Buch fusst auf aktuellen Forschungsergebnissen, behandelt saemtliche fuer Praktiker wichtige Fragen der Vermarktung, liefert Fallbeispiele und konkrete Empfehlungen.

A State-Based Approach to Building a Liquid National Market for Renewable Energy Certificates: The REC-EX Model

International Nuclear Information System (INIS)

Berendt, Christopher B.

2006-01-01

RECs are the currency driving the growth of renewable energy markets and the sale of RECs from renewable energy generation projects could promise a predictable return. But the existing REC markets in the U.S. sorely lack the liquidity needed to make good on that promise. The author proposes a Renewable Energy Certificate Exchange program rooted in the construction of a national trading platform for RECs in tandem with the execution of a new agreement among the states with REC-based renewable portfolio standards. (author)

Renewable energies for power generation

International Nuclear Information System (INIS)

Freris, L.; Infield, D.

2009-01-01

Power generation from renewable energy sources is different from power generation from classical energies (nuclear, thermal..). Therefore, the integration into the grid of the electricity supplied by renewable sources requires a deep thinking. The reason is that these power sources are controlled by variable elements, like wind, water and sun, which condition production. This book deals with the following aspects in detail: characteristics of classical and intermittent generators; grid balancing between supply and demand; conversion methods of renewable energies into electricity; power systems; privatizing of power generation and birth of new markets, in particular the 'green' power market; development of renewable energies thanks to technical advances. It gives a comprehensive overview of the present day available renewable energy sources for power generation. (J.S.)

Intermittently renewable energy, optimal capacity mix and prices in a deregulated electricity market

International Nuclear Information System (INIS)

Milstein, Irena; Tishler, Asher

2011-01-01

This paper assesses the effect of intermittently renewable energy on generation capacity mix and market prices. We consider two generating technologies: (1) conventional fossil-fueled technology such as combined cycle gas turbine (CCGT), and (2) sunshine-dependent renewable technology such as photovoltaic cells (PV). In the first stage of the model (game), when only the probability distribution functions of future daily electricity demand and sunshine are known, producers maximize their expected profits by determining the CCGT and PV capacity to be constructed. In the second stage, once daily demand and sunshine conditions become known, each producer selects the daily production by each technology, taking the capacities of both technologies as given, and subject to the availability of the PV capacity, which can be used only if the sun is shining. Using real-world data for Israel, we confirm that the introduction of PV technology amplifies price volatility. A large reduction in PV capacity cost increases PV adoption but may also raise the average price. Thus, when considering the promotion of renewable energy to reduce CO 2 emissions, regulators should assess the behavior of the electricity market, particularly with respect to characteristics of renewable technologies and demand and supply uncertainties. - Research Highlights: → This paper assesses the effect of intermittently renewable energy on generation capacity mix and market prices. → We consider two generating technologies: (1) conventional fossil-fueled technology such as CCGT and (2) sunshine-dependent renewable technology such as photovoltaic cells (PV). →Using real-world data for Israel, we confirm that the introduction of PV technology amplifies price volatility. → A large reduction in PV capacity cost increases PV adoption but may also raise the average price.

Renewable Energy in Alaska

Energy Technology Data Exchange (ETDEWEB)

2013-03-01

This report examines the opportunities, challenges, and costs associated with renewable energy implementation in Alaska and provides strategies that position Alaska's accumulating knowledge in renewable energy development for export to the rapidly growing energy/electric markets of the developing world.

Policies to support renewable energies in the heat market

International Nuclear Information System (INIS)

Buerger, Veit; Klinski, Stefan; Lehr, Ulrike; Leprich, Uwe; Nast, Michael; Ragwitz, Mario

2008-01-01

Whereas the contribution from renewable energies in the electrical power market is increasing rapidly, similar progress in the heat market is yet to be made. A prerequisite for progress is the development of innovative support instruments that transcend the usual support through public subsidies or tax reductions. We present an overview of the various classes of possible instruments. Some particularly interesting instruments will be selected and evaluated, comparing them qualitatively and quantitatively for the case of Germany. The most favourable model is found to be a new, allocation-financed model known as the Bonus Model. This model will be described in more detail

New renewable energy sources

International Nuclear Information System (INIS)

2001-06-01

This publication presents a review of the technological, economical and market status in the field of new renewable energy sources. It also deals briefly with the present use of energy, external conditions for new renewable energy sources and prospects for these energy sources in a future energy system. The renewable energy sources treated here are ''new'' in the sense that hydroelectric energy technology is excluded, being fully developed commercially. This publication updates a previous version, which was published in 1996. The main sections are: (1) Introduction, (2) Solar energy, (3) Bio energy, (4) Wind power, (5) Energy from the sea, (6) Hydrogen, (7) Other new renewable energy technologies and (8) New renewable s in the energy system of the future

Latin American electricity markets and renewable energy sources: The Argentinean and Chilean cases

International Nuclear Information System (INIS)

Guzowski, C.; Recalde, M.

2010-01-01

From the mid eighties on, most of Latin American Countries reformed their energy systems. The impact of these reforms over electricity markets was different in each case. However, in the majority of these cases there was a shift to private participation, instead of State, and a convergence of electricity systems to hydro and thermal technologies. This is the case of Argentina and Chile. In this context, the aim of this paper is to discuss the current situation of renewable energies in Chilean and Argentinean electric markets and the potential to increase their share in total energy supply. To this purpose, we firstly study electricity deregulation process and its current situation. Secondly, we analyze renewable energy share in these electricity systems comparatively to worldwide situation. Finally, we briefly present the policy instruments used in each country. (author)

Status and Trends in U.S. Compliance and Voluntary Renewable Energy Certificate Markets (2010 Data)

Energy Technology Data Exchange (ETDEWEB)

Heeter, J.; Bird, L.

2011-10-01

This report documents the status and trends of 'compliance'--renewable energy certificate (REC) markets used to meet state renewable portfolio standard (RPS) requirements--and 'voluntary' markets--those in which consumers and institutions purchase renewable energy to match their electricity needs on a voluntary basis. Today, 29 states and the District of Columbia have an RPS, more than half of all U.S. electricity customers have an option to purchase some type of green power product directly from a retail electricity provider, and all consumers have the option to purchase RECs. This report documents REC activities and trends in the United States. The compliance REC market analysis includes analysis of REC trading, regional REC markets, REC tracking systems, types of compliance RECs, compliance REC pricing trends, and an overview of compliance with RPS polices. The voluntary REC analysis presents data and analysis on voluntary market sales and customer participation, products and premiums, green pricing marketing and administrative expenses, voluntary REC pricing, and the voluntary carbon offsets market. The report concludes with a discussion of upcoming guidance from the Federal Trade Commission on green marketing claims, the emergence of community solar programs, and the potential impact of Dodd-Frank regulations on the REC market.

Figuring what’s fair: The cost of equity capital for renewable energy in emerging markets

International Nuclear Information System (INIS)

Donovan, Charles; Nuñez, Laura

2012-01-01

The appropriate cost of capital for a renewable energy project depends upon an accurate measure of investment risk. Employing the conceptual framework of a commonly accepted asset pricing model, we analyze the risk faced by renewable energy investors in large emerging markets. We find that firms in Brazil, China and India expose multinational investors to the same risk as investing in emerging markets generally. The risk to domestic investors in those same firms ranges from substantially below-average to above-average, depending upon the country. The results are robust across several model versions and statistical techniques. With an eye toward government efforts to encourage the deployment of renewable energy in developing countries, we establish a range of estimates for the required return on equity capital in this fast-growing and politically important economic sector.

The renewable energy targets of the Maghreb countries: Impact on electricity supply and conventional power markets

International Nuclear Information System (INIS)

Brand, Bernhard; Zingerle, Jonas

2011-01-01

Morocco, Algeria and Tunisia, the three countries of the North African Maghreb region, are showing increased efforts to integrate renewable electricity into their power markets. Like many other countries, they have pronounced renewable energy targets, defining future shares of 'green' electricity in their national generation mixes. The individual national targets are relatively varied, reflecting the different availability of renewable resources in each country, but also the different political ambitions for renewable electricity in the Maghreb states. Open questions remain regarding the targets' economic impact on the power markets. Our article addresses this issue by applying a linear electricity market optimization model to the North African countries. Assuming a competitive, regional electricity market in the Maghreb, the model minimizes dispatch and investment costs and simulates the impact of the renewable energy targets on the conventional generation system until 2025. Special emphasis is put on investment decisions and overall system costs. - Research Highlights: →Market simulation shows impact of RES-E penetration on the conventional power system of Morocco, Algeria and Tunisia. →Noticeable effects on dispatch and investments in fossil power plants. →Reduced utilization of base-load plants - stronger investments in flexible capacities. →Overall system costs can be decreased by optimizing the RES-E goals.

Markets and employment related to energy efficiency improvements and renewable energies: situation 2012-2013 and short term outlook

International Nuclear Information System (INIS)

Fleuriot, Fanny; Gaudin, Thomas; Guillerminet, Marie-Laure; Louis, Jonathan; Vesine, Eric; Greffet, Pierre; Randriambololona, Celine; Rageau, Francois; Carabot, Cyril

2014-11-01

Since 2008, ADEME has regularly compiled an overview of markets and employment related to the main activities connected with improving energy efficiency and developing renewable sources of energy in France. The activities were selected partly according to their connection with ADEME's field of activity and partly according to their connection with the main policies determined by the Grenelle environment summit. Another factor taken into account was the existence of statistical data enabling the relevant markets to be regularly monitored. Since the very first version of the report, each time it has analysed some thirty market segments, all of which fall into one of three main sectors: - Energy efficiency improvements in residential accommodation: work to improve energy efficiency in existing housing (insulation of outside walls and replacement of windows and doors with more effective solutions), purchase of condensing boilers, energy efficient large household electrical appliances, and compact fluorescent lamps; - Energy efficiency improvements in transport systems: developments in urban public transport systems and railways, including equipment and sales of category A and B private vehicles; - Investments in the production of renewable energy (RE) and sales of renewably sourced energy. Over the years, several new markets have been added, including controlled mechanical ventilation systems (CMV), city bike schemes, etc. For this edition of the report, three new markets have been introduced, each with its own individual 'Market Report': Marine Renewable Energies, Heating Networks, and Hybrid and Electric Vehicles, while thermodynamic domestic boilers and sales of LED lamps have been added to markets for heat-pumps and compact fluorescent lamps respectively. The possibility of including markets related to energy efficiency improvements in industry and non-residential buildings was also investigated, but no regular statistical data enabling proper

Efficient integration of renewable energies in the German electricity market; Effiziente Integration erneuerbarer Energien in den deutschen Elektrizitaetsmarkt

Energy Technology Data Exchange (ETDEWEB)

Nabe, C.A.

2006-07-01

Liberalisation of the electricity sector aims to carry out coordination tasks within the system by markets and market prices. This study examines how markets need to be designed to carry out coordination tasks caused by integration of renewable energies in an efficient way. This question is applied to the German electricity system and recommendations are derived from identified deficits. The examination uses the structure-conduct-performance approach of industrial organisation economics. Integration of renewable energies does not result in entirely new coordination tasks but complicates those that exist in any electricity supply system. Within the short-term coordination tasks provision and operation of reserve capacity is affected by renewable energies. Long-term coordination means that the relation between fixed and variable costs of generators as well as generator flexibility has to be adjusted to the characteristics of renewable energies. The relevant short-term coordination task with the network is congestion management. In the long run costs of grid expansion and permanent congestion management have to be balanced. For the execution of short-run coordination tasks integrated and centralised market architectures are superior to decentralised architectures. The increase of short-term coordination tasks due to renewable energies caused by inflexibilities of consumers and conventional generators results in more information that has to be considered. By centralising that information in one market, an increase in productive efficiency can be obtained. In Germany the increased coordination tasks are determined by the integration of wind generators into the electricity system. The present German market architecture results in inefficiencies in short-term coordination. This is demonstrated by an analysis of procedural rules and prices of the ancillary service markets. They demonstrate that market performance is low and significant deviations from competitive prices

The market premium of the German Renewable Energy Sources Act 2012. Does it really contribute to both market and system integration of renewables?; Die Marktpraemie im EEG 2012. Ein sinnvoller Beitrag zur Markt- und Systemintegration erneuerbarer Energien?

Energy Technology Data Exchange (ETDEWEB)

Gawel, Erik [Helmholtz-Zentrum fuer Umweltforschung, Leipzig (Germany). Dept. Oekonomie; Univ. Leipzig (Germany). Inst. fuer Infrastruktur und Ressourcenmanagement; Purkus, Alexandra [Helmholtz-Zentrum fuer Umweltforschung (Germany). Dept. Bioenergie

2013-03-15

With the share of renewable energies within the electricity sector rising, improving their market integration (i.e. inclusion in the steering and remuneration processes of the electricity market) and system integration (i.e. enhanced responsibility for grid stability) is of increasing importance. To transform the energy system efficiently while ensuring security of supply, it is necessary to increase the alignment of renewable electricity production with short- and long-term market signals. The German Renewable Energy Sources Act 2012 introduced the market premium to provide market experience to renewable plant operators and incentives for demand-oriented electricity production. Shortly after its introduction, the instrument is already being criticised as ineffective and expensive. Building on early experiences, this article examines whether the market premium in its current design improves market and/or system integration, and if it seems suitable in principle to contribute to these aims (effectiveness). Also, potential efficiency gains and additional costs of ''administering integration'' are discussed (efficiency). While market integration in a strict sense (i.e. exposing renewables to price risks) is not the purpose of the market premium, it has successfully increased participation in direct marketing. However, windfall profits are high, and the benefits of gradually leading plant operators towards the market are questionable. Incentives for demand-oriented electricity production are established, but they prove insufficient particularly in the case of intermittent renewable energy sources. A continuation of the instrument in its current form therefore does not seem recommendable. To conclude, potential alternative solutions are presented.

Renewable energy and the need for local energy markets

International Nuclear Information System (INIS)

Hvelplund, Frede

2006-01-01

In Denmark, a technological change towards cleaner energy technologies has been developed and implemented since around 1975. This development has had two phases: The first from 1975 until around 1996, when wind power was a niche production that supplied only 3.5% of the electricity consumption and was brought close to cost competitiveness, and the present second phase, in which wind power supplies an increasing share (in 2004 18.6%) of electricity consumption along with combined heat and power plants, which supply around 50% of consumption. Denmark succeeded in overcoming the first phase, and a large green energy technology cluster was established. During the second phase, new difficulties and challenges have arisen, both with regard to local public acceptance and the need for integrating an increasing percentage of fluctuating energy sources into the energy system. In this Phase 2, a new offensive green energy policy should be introduced in order to secure both public and political acceptance. Local markets should be established in order to secure the technical integration of a large proportion of wind power and other fluctuating renewable energy sources into the energy system

Assessing the Plurality of Actors and Policy Interactions: Agent-Based Modelling of Renewable Energy Market Integration

Directory of Open Access Journals (Sweden)

Marc Deissenroth

2017-01-01

Full Text Available The ongoing deployment of renewable energy sources (RES calls for an enhanced integration of RES into energy markets, accompanied by a new set of regulations. In Germany, for instance, the feed-in tariff legislation for renewables has been successively replaced by first optional and then obligatory marketing of RES on competitive wholesale markets. This paper introduces an agent-based model that allows studying the impact of changing energy policy instruments on the economic performance of RES operators and marketers. The model structure, its components, and linkages are presented in detail; an additional case study demonstrates the capability of our sociotechnical model. We find that changes in the political framework cannot be mapped directly to RES operators as behaviour of intermediary market actors has to be considered as well. Characteristics and strategies of intermediaries are thus an important factor for successful RES marketing and further deployment. It is shown that the model is able to assess the emergence and stability of market niches.

An over painted oriental arts: Evaluation of the development of the Chinese renewable energy market using the wind power market as a model

International Nuclear Information System (INIS)

Yu, James; Ji, Fuxing; Zhang Ling; Chen Yushou

2009-01-01

China is now the largest CO 2 polluter in the world. However, the renewable energy policies in China are controversial and one can easily draw the wrong conclusions that Chinese renewable energy development has taken off from a surface assessment of the policies. By investigating and summarizing the first-hand experiences of participation in the Chinese renewable market (mainly wind farm development) in the past five years, this paper provides another dimension of policy analysis and independent review of the current issues facing the market. An investigation of policy changes and consequences clearly demonstrates the transformation of the Chinese renewable market. The domestic manufacturing quality and unprofessional design of wind farms made most developers' financial returns unrealistic in the wind market. Despite the difficulties and inconsistency in the system, China is tackling environmental issues seriously and heading in the right direction. With centrally controlled management, the Chinese strategies do not have to be justified financially. It is envisioned by the authors that re-organizing over 70 existing Chinese wind turbine manufacturers is unavoidable. Establishment of an internal renewable market, such as Renewable Obligation Certificate (ROC) system in the UK whose effectiveness is another subject of debate, would be an effective means by which the Chinese government in their post-2012 strategy could make the wind market more financially viable.

Impacts of a renewable portfolio generation standard on US energy markets

International Nuclear Information System (INIS)

Kydes, Andy S.

2007-01-01

This paper analyzes the impacts of imposing a Federal 20 percent non-hydropower renewable generation portfolio standard (RPS) on US energy markets by 2020. The US currently has no RPS requirement although some state RPS regulations have been adopted but not uniformly enforced (see http://www.eia.doe.gov/oiaf/analysispaper/rps/index.html for a recent summary on RPSs in the US). The renewable portfolio standard (RPS) requires that 20 percent of the power sold must come from qualifying renewable facilities. The analysis of the 20 percent RPS was developed by using the December 2001 version of the National Energy Modeling System (NEMS) of the Energy Information Administration (EIA) and the assumptions and results of the Annual Energy Outlook 2002 (AEO2002) reference case. A policy that requires a 20 percent non-hydro-electric RPS by 2020 appears to be effective in promoting the adoption of renewable generation technologies while also reducing emissions of nitrogen oxides by 6 percent, mercury by 4 percent and carbon dioxide by about 16.5 percent relative to the reference case in 2020. Electricity prices are expected to rise about 3 percent while the cost to the electric power industry could rise between 35 and 60 billion dollars (in year 2000 dollars in net present value terms)

Can renewable energy sources be financed through competitive power markets in the long run?; Koennen sich erneuerbare Energien langfristig auf wettbewerblich organisierten Strommaerkten finanzieren?

Energy Technology Data Exchange (ETDEWEB)

Kopp, Oliver; Essler-Frey, Anke; Engelhorn, Thorsten [MVV Energie AG, Mannheim (Germany)

2012-12-15

In this paper we address the issue of whether renewable energy sources can be integrated into power markets if the use of renewable energies is extended at the desired speed. Market integration means that renewable energy sources have to cover their full costs from revenues on competitive markets. In the first part of this paper, we evaluate the long-term revenues of intermittent renewable energy sources using a high resolution power market model. Considering the renewable targets of the German lead study of 2010, we show that due to the merit order effect, intermittent renewable energy sources, such as wind power and photovoltaic, cannot be financed through power markets alone, even if their full costs fall below those of conventional power plants. This is also true for scenarios with high CO{sub 2}-prices and increasing spot market prices. In the second part of this paper, we discuss whether in the long run additional instruments such as green certificates or capacity markets would allow for a more competitive financing of renewable energy sources. Center stage in the discussion is the question under which circumstances these instruments increase competitive pricing and decentralised market decisions. (orig.)

Integrating Variable Renewable Energy in Electric Power Markets: Best Practices from International Experience, Summary for Policymakers

Energy Technology Data Exchange (ETDEWEB)

Cochran, J.; Bird, L.; Heeter, J.; Arent, D. A.

2012-04-01

Many countries -- reflecting very different geographies, markets, and power systems -- are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

Integrating Variable Renewable Energy in Electric Power Markets. Best Practices from International Experience, Summary for Policymakers

Energy Technology Data Exchange (ETDEWEB)

Cochran, Jaquelin [National Renewable Energy Lab. (NREL), Golden, CO (United States); Bird, Lori [National Renewable Energy Lab. (NREL), Golden, CO (United States); Heeter, Jenny [National Renewable Energy Lab. (NREL), Golden, CO (United States); Arent, Douglas J. [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2012-04-30

Many countries - reflecting very different geographies, markets, and power systems - are successfully managing high levels of variable renewable energy on the electric grid, including that from wind and solar energy. This document summarizes policy best practices that energy ministers and other stakeholders can pursue to ensure that electricity markets and power systems can effectively coevolve with increasing penetrations of variable renewable energy. There is no one-size-fits-all approach; each country studied has crafted its own combination of policies, market designs, and system operations to achieve the system reliability and flexibility needed to successfully integrate renewables. Notwithstanding this diversity, the approaches taken by the countries studied all coalesce around five strategic areas: lead public engagement, particularly for new transmission; coordinate and integrate planning; develop rules for market evolution that enable system flexibility; expand access to diverse resources and geographic footprint of operations; and improve system operations. This study also emphatically underscores the value of countries sharing their experiences. The more diverse and robust the experience base from which a country can draw, the more likely that it will be able to implement an appropriate, optimized, and system-wide approach.

Renewable Energy

NARCIS (Netherlands)

Turkenburg, W.C.; Arent, D.; Bertani, R.; Faaij, A.P.C.; Hand, M.; Krewitt, W.; Larson, E.D.; Lund, J.; Mehos, M.; Merrigan, T.; Mitchell, C.; Moreira, J.R.; Sinke, W.C.; Sonntag-O'Brien, V.; Thresher, B.; Sark, W.G.J.H.M. van; Usher, E.

2012-01-01

This chapter presents an in-depth examination of major renewable energy technologies, including their installed capacity and energy supply in 2009 , the current state of market and technology development, their economic and financial feasibility in 2009 and in the near future, as well as major

Introducing wave energy into the renewable energy marketplace

International Nuclear Information System (INIS)

Petroncini, S.; Yemm, R.W.

2001-01-01

The energy sector in Europe is going through a dynamic evolution that sees the introduction and development of renewable energy and the re-emergence of a wave energy industry. Although wave energy is currently not economically competitive with mature technologies such as wind energy, the wave energy world-wide resource of 2 TW has a potential contribution in the electricity market of 2000TWh/year. Denmark, Ireland, Portugal, Norway and the UK have been analysed in terms of wave energy resources, renewable energy market structure and political and economic support for the introduction of wave energy into the marketplace. The results have been used together with Ocean Power Delivery Ltd to develop an initial market survey for the wave energy converter Pelamis. (au)

Markets, jobs, and energetic challenge of activities related to renewable energies and to energy efficiency. Situation in 2007-2008. Perspectives for 2009

International Nuclear Information System (INIS)

2009-10-01

This study proposes an annual evolution survey of markets and jobs related to the development of renewable energies and to the improvement of energy efficiency in the housing and transport sectors. Markets are related to wind energy, thermal and photovoltaic energy, heat pumps, wood, bio-diesel, bio-ethanol, biogas, waste energetic valorization, geothermal energy, and hydro-energy. Energy efficiency improvements in the housing sector are related to energetic improvement of existing dwellings, condensing boilers, energetically performing household electrical appliances, and compact fluorescent lamps. In the transport sector, energy efficiency improvements concern rail transports and tramways as well as individual vehicles. New markets are identified and discussed: research and development for renewable energies, energy consultancy and diagnosis, energy efficiency in the office building sector and in the industrial sector

Modeling and analysis of renewable energy obligations and technology bandings in the UK electricity market

NARCIS (Netherlands)

Gurkan, G.; Langestraat, R.

In the UK electricity market, generators are obliged to produce part of their electricity with renewable energy resources in accordance with the Renewable Obligation Order. Since 2009 technology banding has been added, meaning that different technologies are rewarded with a different number of

Renewable energy and policy options in an integrated ASEAN electricity market: Quantitative assessments and policy implications

International Nuclear Information System (INIS)

Chang, Youngho; Li, Yanfei

2015-01-01

Energy market integration (EMI) in the ASEAN region is a promising solution to relieve the current immobilization of its renewable energy resources and would serve the fast increasing demand for electricity in the region. EMI could be further extended with coordinated policies in carbon pricing, renewable energy portfolio standards (RPS), and feed-in-tariffs (FIT) in the ASEAN countries. Using a linear dynamic programming model, this study quantitatively assesses the impacts of EMI and the above-mentioned policies on the development of renewable energy in the power generation sector of the region, and the carbon emissions reduction achievable with these policies. According to our results, EMI is expected to significantly promote the adoption of renewable energy. Along with EMI, FIT appears to be more cost-effective than RPS and is recommended for the ASEAN region, albeit political barriers for policy coordination among the countries might be a practical concern. In addition, an RPS of 30% electricity from renewable sources by 2030, which is considered politically a “low-hanging fruit”, would achieve moderate improvements in carbon emissions reductions and renewable energy development, while incurring negligible increases in the total cost of electricity. -- Highlights: •Energy market integration (EMI), carbon pricing, RPS, and FIT are examined for ASEAN. •EMI is a promising and feasible solution to promote renewable energy for ASEAN. •Along with EMI, FIT appears to be more cost-effective than RPS for ASEAN. •RPS of 30% by 2030 appears to be reasonable and feasible for ASEAN. •Coordinating FIT and RPS policies under EMI among ASEAN is advised

New and renewable energies. Stakes, driving forces and perspectives of the renewable energies market

International Nuclear Information System (INIS)

2000-09-01

New and renewable energies (hydro-power, wind-power, solar, biomass, biogas, geothermal and fuel cells) are progressively entering the industrialization phase (except for hydro-power which is already largely developed). Thus they are no more considered as solutions for utopian ecologists but have reached the status of alternative technologies. This study takes stock of the following questions: what are the applications of renewable energies, what is their stage of development and their potential with respect to fossil fuels, what are their perspectives of development, and what are the strategies developed by the actors of the sector? The main stakes of the renewable energy sector are: fulfilling the increasing power needs (in particular with the wind and solar power in isolated areas), improving the competitiveness (reduction of the investment costs), developing financial incentives (tax relief, financial helps, eco-taxes..), participating to the reduction of pollutant emissions. The renewable energy sector is progressively structuring and profits by the increasing implication of major energy actors, such as the oil companies. The behaviour and strategy of 14 major actors of the renewable energy sector is also analyzed. (J.S.)

Agent-based model of intermittent renewables : Simulating emerging changes in energy markets in transition

NARCIS (Netherlands)

Chappin, E.J.L.; Viebahn, P.; Richstein, J.C.; Lechtenböhmer, S.; Nebel, A.

2012-01-01

The energy transition is taking shape in the German and, to a lesser extent also its neighbouring electricity markets. We have proposed adaptations to an existing model to represent the increasing shares of intermittent renewables, that may alter the structure of the market and the viability of

PYRAMID LAKE RENEWEABLE ENERGY PLAN

Energy Technology Data Exchange (ETDEWEB)

HIGH DESERT GEOCULTURE, LLC

2009-06-06

The Pyramid Lake Renewable Energy Plan covers these areas: energy potential (primarily focusing on geothermal resource potential, but also more generally addressing wind energy potential); renewable energy market potential; transmission system development; geothermal direct use potential; and business structures to accomplish the development objectives of the Pyramid Lake Paiute Tribe.

Development of the Geothermal Heat Pump Market in China; Renewable Energy in China

Energy Technology Data Exchange (ETDEWEB)

2006-03-01

This case study is one in a series of Success Stories on developing renewable energy technologies in China for a business audience. It focuses on the development of the geothermal heat pump market in China.

Business development in renewable energy

NARCIS (Netherlands)

Krozer, Yoram; Visa, Ion

2014-01-01

This paper discusses how to foster development of renewable energy business. Factors that impede or enhance renewable energy in the EU 27 member states in the period 1998–2008 are analyzed. Nine factors are considered: population density, production output and energy sector output to indicate market

Energy Sector Market Analysis

Energy Technology Data Exchange (ETDEWEB)

Arent, D.; Benioff, R.; Mosey, G.; Bird, L.; Brown, J.; Brown, E.; Vimmerstedt, L.; Aabakken, J.; Parks, K.; Lapsa, M.; Davis, S.; Olszewski, M.; Cox, D.; McElhaney, K.; Hadley, S.; Hostick, D.; Nicholls, A.; McDonald, S.; Holloman, B.

2006-10-01

This paper presents the results of energy market analysis sponsored by the Department of Energy's (DOE) Weatherization and International Program (WIP) within the Office of Energy Efficiency and Renewable Energy (EERE). The analysis was conducted by a team of DOE laboratory experts from the National Renewable Energy Laboratory (NREL), Oak Ridge National Laboratory (ORNL), and Pacific Northwest National Laboratory (PNNL), with additional input from Lawrence Berkeley National Laboratory (LBNL). The analysis was structured to identify those markets and niches where government can create the biggest impact by informing management decisions in the private and public sectors. The analysis identifies those markets and niches where opportunities exist for increasing energy efficiency and renewable energy use.

The electricity prices in the European Union. The role of renewable energies and regulatory electric market reforms

International Nuclear Information System (INIS)

Moreno, Blanca; López, Ana J.; García-Álvarez, María Teresa

2012-01-01

The European Union electricity market has been gradually liberalized since 1990s. Theoretically, competitive markets should lead to efficiency gains in the economy thus reducing electricity prices. However, there is a controversial debate about the real effects of the electricity liberalization on electricity prices. Moreover, the increased generation of electricity from renewable energies RES-E (Electricity from Renewable Energy Sources) is also integrated in wholesale market reducing wholesale prices, but the final effect over household prices is not clear. In order to contribute to this debate, this paper provides an empirical investigation into the electricity prices determinants. In fact we develop econometric panel models to explore the relationship between the household electricity prices and variables related to the renewable energy sources and the competition in generation electricity market. More specifically we use a panel data set provided by Eurostat and covering 27 European Union countries during the period 1998–2009. Our results suggest that electricity prices increase with the deployment of RES-E and with the expansion of greenhouse gas emissions produced by energy industries- as a European Union CO 2 emission trading scheme exists. Results also reveal that country's characteristics can affect household electricity prices. -- Highlights: ► Electricity liberalized markets should lead to reduce electricity prices. ► The use of renewable energies (RES) reduce wholesale electricity prices. ► However, household electricity prices are increasing in European Union. ► Panel data models are developed to investigate the effect of RES and electricity competition on household electricity prices. ► We find that the deployment of RES increases prices paid by consumers in a liberalized market.

Renewable energy in Taiwan

International Nuclear Information System (INIS)

Chen, Falin; Lu, Shyi-Min; Wang, Eric; Tseng, Kuo-Tung

2010-01-01

With limited indigenous conventional energy resources, Taiwan imports over 99% of its energy supply from foreign countries, mostly from the Middle East. Developing independent renewable energy resources is thus of priority concern for the Taiwanese government. A medium subtropical island surrounded by the Pacific Ocean, Taiwan has enormous potential to develop various renewable energies, such as solar energy, biomass energy, wind power, geothermal energy, hydropower, etc. However, owing to the importance of conventional fossil energy in generating exceptionally cheap electricity, renewable energy has not yet fully developed in Taiwan, resulting from a lack of market competition. Consequently, numerous promotional and subsidy programs have recently been proclaimed by the Taiwanese government, focused on the development of various renewables. This study reviews the achievements, polices and future plans in this area. (author)

Renewable energy in Taiwan

Energy Technology Data Exchange (ETDEWEB)

Chen, Falin; Lu, Shyi-Min; Wang, Eric; Tseng, Kuo-Tung [Institute of Applied Mechanics, National Taiwan University, Taipei 10617 (China)

2010-09-15

With limited indigenous conventional energy resources, Taiwan imports over 99% of its energy supply from foreign countries, mostly from the Middle East. Developing independent renewable energy resources is thus of priority concern for the Taiwanese government. A medium subtropical island surrounded by the Pacific Ocean, Taiwan has enormous potential to develop various renewable energies, such as solar energy, biomass energy, wind power, geothermal energy, hydropower, etc. However, owing to the importance of conventional fossil energy in generating exceptionally cheap electricity, renewable energy has not yet fully developed in Taiwan, resulting from a lack of market competition. Consequently, numerous promotional and subsidy programs have recently been proclaimed by the Taiwanese government, focused on the development of various renewables. This study reviews the achievements, polices and future plans in this area. (author)

Asia/Pacific Rim renewable energy market assessments by the State of Hawaii

International Nuclear Information System (INIS)

Ishimura, D.M.; Kinoshita, C.M.; Turn, S.Q.

1999-01-01

The State of Hawaii has begun to encourage its economic growth and diversification by increasing the export of U.S. energy, environment, ocean, and information technologies. Hawaii's Strategic Technology Market Assessment and Development (STMAD) program promotes the transfer of U.S. technology into Asia and the Pacific Rim, locations having phenomenal growth potential and vast technological infrastructure demands. The STMAD program is managed by the State's Department of Business, Economic Development and Tourism (DBEDT). Under the auspices of STMAD, the Hawaii Natural Energy Institute (HNEI) of the University of Hawaii is assessing biomass energy resources of Asian and Pacific Rim countries to identify and investigate sustainable energy markets. This paper reviews the STMAD program and reports findings of renewable energy assessment performed by HNEI and DBEDT. (author)

Renewable sources of energy in Austria 1993

International Nuclear Information System (INIS)

Faninger, G.

1993-07-01

Present contribution of renewable sources of energy to the overall energy requirements in Austria. Estimated potential of renewable sources of energy in Austria: firewood and biogeneous fuels, environmental energy, combustible wastes. Ecological aspects of utilising renewable sources of energy. Market barriers and strategies for overcoming them

Renewable Energy in China

Directory of Open Access Journals (Sweden)

Valery I. Salygin

2015-01-01

Full Text Available China is the most densely populated country in the world with high rate of economic growth resulting in higher demand for energy resources and in strive to guarantee stable supply of these resources. Chinese annual GDP growth in 2012 and 2013 was down to 7.7% comparing to 10% in 2000-2011 [7]. In 2012 and 2013 economic growth stumbled because of slowdown in manufacturing and exports, taking into account that Chinese government was eager to cut inflation and excessive investments in some segments of the market. Speaking about energy sector Chinese government is aimed at promotion of market-based pricing systems, activities for advanced energy efficiency and higher competition between energy companies, and increased investment in renewable energy resources. Considering renewables as one of many ways to diversify energy supplies, lower dependence on coal and improve environmental situation Chinese government actively supports and develops programs aimed at support of renewable energy industry in China. Chinese economic development is tightly attached to five-year plans. It seems important to mention the fact that main energy goals for current 12-th "five-year plan" are to achieve 15% renewables consumption and CO2 sequestration up to 40-45% by2020 in order to lower dependency on coal and improve environmental situation. As a result of Chinese state policy to develop renewables China achieved certain results in wind energy, helioenergetics, hydroenergetics and energy from waste recycling.

Energy management and development of renewable energies: status of markets and jobs - Strategy et Etudes Nr 34

International Nuclear Information System (INIS)

Gaudin, Thomas; Vesine, Eric

2012-01-01

This paper presents and comments the results of an annual study of the status and evolutions of markets and jobs related to the main activities regarding the improvement of energy efficiency and the development of renewable energies in France. Data are given for the period 2006-2012. After a strong growth between 2006 and 2009, data reveal a lower but still positive growth. The evolution of jobs notably suffers from the decreased growth of the domestic market

Towards sustainable development in Austria. Renewable energy contributions

International Nuclear Information System (INIS)

Faninger, G.

2003-01-01

Besides energy conservation, the exploration of renewable energy sources, in particular biomass and solar energy, are central aspects of the Austrian energy policy, regarded as an optimal option for achieving CO2-emission reduction objectives. The market penetration of Renewable Energy Technologies in the last twenty years was supported by the Austrian Energy Research Programme. The result of successful developments of biomass heating, solar thermal, solar electrical and wind energy technologies is the key for the market development of these renewable energy technologies. With the market penetration of renewable energy technologies new business areas were established and employment created. Today, some renewable energy technologies in Austria have reached economic competitiveness. Some technologies not reached commercialisation, and need more development to improve efficiency, reliability and cost to become commercial. This would include material and system development, pilot plants or field experiments to clarify technical problems, and demonstration plants to illustrate performance capabilities and to clarify problems for commercialisation

Cleaning the air with renewable energy : briefing note

International Nuclear Information System (INIS)

2002-09-01

The Clean Air Renewable Energy Coalition promotes the development of the renewable energy industry in Canada. It acknowledges the effort that the Canadian government has taken to advance investment in renewable energy, but the Coalition is concerned that these investments alone will not achieve the desired objectives without additional policy development by federal, provincial and territorial governments. This report presents an overview of 7 proposals designed to promote and advance renewable energy in Canada. The benefits of these proposals include cleaner air, improved health, engaging public and industry participation in climate change initiatives, and fostering innovation and entrepreneurship in the sector. Brief details were presented for the following 7 proposals: (1) establish a national low-impact renewable energy target for Canada, (2) increase the Wind Power Production Incentive (WPPI) to 2.7 cent per kilowatt hour to ensure appropriate investment in wind energy and harmonization with the United States, (3) extend incentive programs similar to the WPPI to other renewable energy technologies, (4) work with other levels of government to implement policy mechanisms to meet the recommended national renewable energy target, (5) expand the Market Incentive Program (MIP) funding to 30 million dollars per year to 2012 and consult with the provinces and territories to develop a broad-based consumer green energy rebate and education program, (6) identify mechanisms to ensure a meaningful role for renewable energy to contribute to the country's climate change strategy, and (7) develop a Wind Energy Mapping and Wind Measurement Initiative. In a recent update, the Coalition states that low environmental impact renewable energy needs market recognition for its environmental and social benefits. In general, these benefits are not financially valued in energy market pricing. In addition, energy sources that impact significantly on the environment are not financially

Cleaning the air with renewable energy : briefing note

Energy Technology Data Exchange (ETDEWEB)

NONE

2002-09-01

The Clean Air Renewable Energy Coalition promotes the development of the renewable energy industry in Canada. It acknowledges the effort that the Canadian government has taken to advance investment in renewable energy, but the Coalition is concerned that these investments alone will not achieve the desired objectives without additional policy development by federal, provincial and territorial governments. This report presents an overview of 7 proposals designed to promote and advance renewable energy in Canada. The benefits of these proposals include cleaner air, improved health, engaging public and industry participation in climate change initiatives, and fostering innovation and entrepreneurship in the sector. Brief details were presented for the following 7 proposals: (1) establish a national low-impact renewable energy target for Canada, (2) increase the Wind Power Production Incentive (WPPI) to 2.7 cent per kilowatt hour to ensure appropriate investment in wind energy and harmonization with the United States, (3) extend incentive programs similar to the WPPI to other renewable energy technologies, (4) work with other levels of government to implement policy mechanisms to meet the recommended national renewable energy target, (5) expand the Market Incentive Program (MIP) funding to 30 million dollars per year to 2012 and consult with the provinces and territories to develop a broad-based consumer green energy rebate and education program, (6) identify mechanisms to ensure a meaningful role for renewable energy to contribute to the country's climate change strategy, and (7) develop a Wind Energy Mapping and Wind Measurement Initiative. In a recent update, the Coalition states that low environmental impact renewable energy needs market recognition for its environmental and social benefits. In general, these benefits are not financially valued in energy market pricing. In addition, energy sources that impact significantly on the environment are not

Three Essays on Renewable Energy Policy and its Effects on Fossil Fuel Generation in Electricity Markets

Science.gov (United States)

Bowen, Eric

In this dissertation, I investigate the effectiveness of renewable policies and consider their impact on electricity markets. The common thread of this research is to understand how renewable policy incentivizes renewable generation and how the increasing share of generation from renewables affects generation from fossil fuels. This type of research is crucial for understanding whether policies to promote renewables are meeting their stated goals and what the unintended effects might be. To this end, I use econometric methods to examine how electricity markets are responding to an influx of renewable energy. My dissertation is composed of three interrelated essays. In Chapter 1, I employ recent scholarship in spatial econometrics to assess the spatial dependence of Renewable Portfolio Standards (RPS), a prominent state-based renewable incentive. In Chapter 2, I explore the impact of the rapid rise in renewable generation on short-run generation from fossil fuels. And in Chapter 3, I assess the impact of renewable penetration on coal plant retirement decisions.

China renewable energy in Africa and Norway

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

This study assesses the potential for Norwegian engagement in Sino-African renewable energy development. The study analyzes Norwegian competitiveness and complementarities towards Chinese energy actors in the African market, and identifies respective strengths and weaknesses against the backdrop of the African market. The report identifies barriers and opportunities for Norwegian commercial and developmental engagement towards upscaling renewable energy in Africa that may also apply to other OECD countries. Finally, the report points to possibilities for Norway to support sustainable Sino-African renewable energy development.(auth)

Efficient renewable energy scenarios study for Victoria

International Nuclear Information System (INIS)

Armstrong, Graham

1991-01-01

This study examines the possible evolution of Victorian energy markets over the 1998-2030 period from technical, economic and environmental perspectives. The focus is on the technical and economic potential over the study period for renewable energy and energy efficiency to increase their share of energy markets, through their economic competitiveness with the non-renewables of oil, gas and fossil fulled electricity. The study identifies a range of energy options that have a lower impact on carbon dioxide emissions that current projections for the Victorian energy sector, together with the savings in energy, dollars and carbon dioxide emissions. In addition the macroeconomic implications of the energy paths are estimated. Specifically it examines a scenario (R-efficient renewable) where energy efficiency and renewable energy sources realise their estimated economic potential to displace non-renewable energy over the 1988-2030 period. In addition, a scenario (T-Toronto) is examined where energy markets are pushed somewhat harder, but again on an economic basis, so that what is called the Toronto target of reducing 1988 carbon dioxide (CO 2 ) emissions by 20 per cent by 2005 is attained. It is concluded that over the next forty years there is substantial economic potential in Victoria for significant gains from energy efficiency in all sectors - residential, commercial, industrial and transport - and contributions from renewable energy both in those sectors and in electricity generations. 7 figs., 5 tabs

Recent incentives for renewable energy in Turkey

International Nuclear Information System (INIS)

Simsek, Hayal Ayca; Simsek, Nevzat

2013-01-01

Recently, the importance of renewable energy sources has increased significantly as climate change has become an important long term threat to global ecosystems and the world economy. In the face of increased concern about climate change and high fossil fuel costs together with a reduction in the primary energy sources such as oil, natural gas and coal, alternative energy sources (renewables) are increasingly needed to respond to the threat of climate change and growing energy demand in the world. Recent developments in Turkey, such as the liberalization of the electricity market and improvements in the renewable legislations, have accelerated the growth process and investment opportunities in the field of renewable energy. Turkey′s naturally endowed potential for renewables, such as solar, geothermal and wind, also accompanied these developments and attracted world attention to this market. In Turkey, renewable energy sources have gained great importance in the last decades due to growing energy demand and incentive policies which foster the utilization of renewable energy sources. This study aims to explore the availability and potential of renewable energy sources in Turkey and discuss the government policies and economic aspects. - highlights: • Turkey′s potential for renewable energy has attracted world attention. • Turkey has specific energy objectives in promoting renewable energy. • This paper evaluates recent incentives for renewable energy in Turkey. • Incentives in Turkey have led to more investment in renewable energy generation

Renewable Energy Policy Fact sheet - Ireland

International Nuclear Information System (INIS)

2017-09-01

The EurObserv'ER policy profiles give a snapshot of the renewable energy policy in the EU Member States. With Ireland's current 'trajectory' of renewable energy growth, it is likely to slightly fall short of its 2020 nationally binding renewable energy target. Ireland initiated a 'moratorium' on its REFIT (Renewable Energy Feed-in Tariff) support scheme in December 2015, with the aim of introducing a revised scheme in 2017 in line with market developments. Grants and tax relief remain in place for renewable heat promotion. An Offshore Renewable Energy Development Plan (OREDP) was introduced in 2014, which sets out Government policy in relation to the sustainable development of Ireland's abundant offshore renewable energy resource

Supporting energy efficiency and renewable energy in liberalized markets: the new incentive frameworks

International Nuclear Information System (INIS)

Finon, D.; Menanteau, Ph.

2003-01-01

This article compares the old and new action principles in the area of energy efficiency and renewable energies, and reviews the new types of instruments implemented in the competitive environment of some pioneer countries. It is usually viewed that energy industry liberalization limits the direct capacity of action by states that used to rely on public monopolies. Actually, all it takes is some clarification of the historical operator's and agent's obligations, and some adjustment of action method to the competition environment. To do so, the same duties need to be imposed on agents, whether directly or indirectly, and the financing methods for the cost of actions need to be adjusted so as not to distort competition. Systems may also be considered that combine quantity duties (duty to achieve or duty to perform) and market mechanisms; as is the case with quotas accompanied by 'green' and very recently 'white' certificate markets for gas and power savings. (authors)

Supporting energy efficiency and renewable energy in liberalized markets: the new incentive frameworks

International Nuclear Information System (INIS)

Finon, Dominique; Menanteau, Philippe

2003-02-01

This article compares the old and new action principles in the area of energy efficiency and renewable energies, and reviews the new types of instruments implemented in the competitive environment of some pioneer countries. It is usually viewed that energy industry liberalization limits the direct capacity of action by states that used to rely on public monopolies. Actually, all it takes is some clarification of the historical operator's and agent's obligations, and some adjustment of action method to the competition environment. To do so, the same duties need to be imposed on agents, whether directly or indirectly, and the financing methods for the cost of actions need to be adjusted so as not to distort competition. Systems may also be considered that combine quantity duties (duty to achieve or duty to perform) and market mechanisms; as is the case with quotas accompanied by 'green' and very recently 'white' certificate markets for gas and power savings

Renewable energies and energy choices. Summary of the colloquium

International Nuclear Information System (INIS)

2003-05-01

This document is an executive summary of the colloquium organized by the French syndicate of renewable energies (SER) which took place at the Maison de l'UNESCO in Paris during the national debate on energies organized by the French government in spring 2003. The colloquium was organized around 6 round tables dealing with: the world perspectives and the environmental context of the contribution of renewable energies to the sustainable development (respect of Kyoto protocol commitments, contribution to the security of energy supplies, lack of large scale program of development of decentralized power generation in developing countries, lack of market tools linked with CO 2 emissions, improvement of competitiveness); development of renewable energies in Europe (promotion and sustain in all European countries, obligation of supply and purchase, pricing regulation, European harmonization of practices); renewable electricity and its place in the new orientation law about energies (tariff/pluri-annual investment planing, administrative authorizations, connections to the grid, calls for offer, costs of the photovoltaic solar energy); contribution of renewable energies in the transportation sector (bio-fuels, low taxes, ethanol fuel cells, vegetal chemistry); renewable heat and integration of renewable energy sources in buildings (intelligent architecture, promotion, quality labels and standards, lack of CO 2 penalties linked with fossil fuels, tax reduction for solar and wood fuel appliances, acknowledgment of geothermal heat pumps as renewable energy source); and the presentation of the first proposals for the future orientation law (balance between nuclear and renewable energy sources, integration in the local environment, competitiveness, use of market mechanisms, R and D etc.). (J.S.)

Forecasting US renewables in the national energy modelling system

International Nuclear Information System (INIS)

Diedrich, R.; Petersik, T.W.

2001-01-01

The Energy information Administration (EIA) of the US Department of Energy (DOE) forecasts US renewable energy supply and demand in the context of overall energy markets using the National Energy Modelling System (NEMS). Renewables compete with other supply and demand options within the residential, commercial, industrial, transportation, and electricity sectors of the US economy. NEMS forecasts renewable energy for grid-connected electricity production within the Electricity Market Module (EM), and characterizes central station biomass, geothermal, conventional hydroelectric, municipal solid waste, solar thermal, solar photovoltaic, and wind-powered electricity generating technologies. EIA's Annual Energy Outlook 1998, projecting US energy markets, forecasts marketed renewables to remain a minor part of US energy production and consumption through to 2020. The USA is expected to remain primarily a fossil energy producer and consumer throughout the period. An alternative case indicates that biomass, wind, and to some extent geothermal power would likely increase most rapidly if the US were to require greater use of renewables for power supply, though electricity prices would increase somewhat. (author)

Heterogeneous policies, heterogeneous technologies: The case of renewable energy

International Nuclear Information System (INIS)

Nicolli, Francesco; Vona, Francesco

2016-01-01

This paper investigates empirically the effect of market regulation and renewable energy policies on innovation activity in different renewable energy technologies. For the EU countries and the years 1980 to 2007, we built a unique dataset containing information on patent production in eight different technologies, proxies of market regulation and technology-specific renewable energy policies. Our main finding is that, compared to privatisation and unbundling, reducing entry barriers is a more significant driver of renewable energy innovation, but that its effect varies across technologies and is stronger in technologies characterised by potential entry of small, independent power producers. In addition, the inducement effect of renewable energy policies is heterogeneous and more pronounced for wind, which is the only technology that is mature and has high technological potential. Finally, ratification of the Kyoto protocol, which determined a more stable and less uncertain policy framework, amplifies the inducement effect of both energy policy and market liberalisation. - Highlights: • We study the effect of market regulation and energy policy on renewable technologies. • Reducing entry barriers is a significant driver of renewable energy innovation. • The Kyoto protocol amplifies the effect of both energy policy and liberalisation. • These effects are heterogeneous across technologies and stronger for wind.

Renewable energy technology applications in the Asian region

International Nuclear Information System (INIS)

Charters, W.W.S.

1996-01-01

The interest shown by Asia in renewable energy technologies is currently extremely high as the region is expected to account for up to 50 percent of the total world power generation equipment orders over the next ten years. Mature developed technologies for power production from renewable energy resources are now available in the form of micro and mini hydro plants, biomass pyrolysis and gasification units, wind aerogenerators and photovoltaic arrays. If Australia is to move towards a sustainable energy society, renewable energy resources must be utilized on a widespread scale as soon as possible. There are large niche markets for renewable energy resource based equipment in Australia, as well as immense market opportunities in the neighbouring fast growing economies in Asia. Key issues to be addressed in terms of implementing major renewable energy programs in the region on a large scale include identification and encouragement of reliable markets, and mass production of high quality reliable products. (author). 10 refs

Advanced mechanisms for the promotion of renewable energy-Models for the future evolution of the German Renewable Energy Act

International Nuclear Information System (INIS)

Langniss, Ole; Diekmann, Jochen; Lehr, Ulrike

2009-01-01

The German Renewable Energy Act (EEG) has been very successful in promoting the deployment of renewable electricity technologies in Germany. The increasing share of EEG power in the generation portfolio, increasing amounts of fluctuating power generation, and the growing European integration of power markets governed by competition calls for a re-design of the EEG. In particular, a more efficient system integration and commercial integration of the EEG power is needed to, e.g. better matching feed-in to demand and avoiding stress on electricity grids. This article describes three different options to improve the EEG by providing appropriate incentives and more flexibility to the promotion mechanism and the quantitative compensation scheme without jeopardising the fast deployment of renewable energy technologies. In the 'Retailer Model', it becomes the responsibility of the end-use retailers to adapt the EEG power to the actual demand of their respective customers. The 'Market Mediator Model' establishes an independent market mediator responsible to market the renewable electricity. This model is the primary choice when new market entrants are regarded as crucial for the better integration of renewable energy and enhanced competition. The 'Optional Bonus Model' relies more on functioning markets since power plant operators can alternatively choose to market the generated electricity themselves with a premium on top of the market price instead of a fixed price

Renewables in Electricity Markets

DEFF Research Database (Denmark)

Ordoudis, Christos; Papakonstantinou, Athanasios; Pinson, Pierre

2014-01-01

Electricity is nowadays commonly exchanged through electricity markets, designed in a context where dispatchable generators, with non-negligible marginal costs, were dominating. By depending primarily on conventional (fossil, hydro and nuclear) power generation based on marginal pricing...... not designed to take into account the uncertainty brought by the substantial variability and limited predictability associated with stochastic sources, most notably wind power and solar energy. Due to these developments, the need for decision making models able to account for the uncertainty introduced by high...... from renewables, and on the adaption of electricity market designs and power system operations to the aforementioned characteristics of renewables. Additionally, the aim of the research group is supplemented by providing the appropriate frameworks for secure future investments in the field...

Governmental interventions in the energy market. Study of the Dutch level playing field for fossil fuels, renewable sources, nuclear energy and energy conservation

International Nuclear Information System (INIS)

De Visser, E.; Winkel, T.; De Jager, D.; De Vos, R.; Blom, M.; Afman, M.

2011-06-01

This study has made an inventory of 53 governmental interventions in the Dutch energy market. Moreover, the consequences for the playing field for fossil fuels, renewable sources, nuclear energy and energy saving have been quantified. It shows that the government still stimulates the use of energy and fossil fuels more than it stimulates use of renewable energy sources. Policy that focuses on decreasing the price differences between sustainable and fossil should therefore focus on the phase-out of this support and subsequently on bridging the remaining financial gap. [nl

The development of the market for photovoltaic energy in the Netherlands. Vision of the Organization for Renewable Energy (ODE)

International Nuclear Information System (INIS)

Cace, J.

2004-01-01

A brief overview is given of the vision of the Dutch Organization for Renewable Energy (ODE, abbreviated in Dutch) on the development of the market for photovoltaic energy in the Netherlands, focusing on the investment cost, bottlenecks and solutions, and parties involved [nl

Algerian renewable energy assessment: The challenge of sustainability

International Nuclear Information System (INIS)

Boudghene Stambouli, Amine

2011-01-01

Algeria plays a very important role in world energy markets, both as a significant hydrocarbon producer and as an exporter, as well as a key participant in the renewable energy market. Due to its geographical location, Algeria holds one of the highest solar potentials in the world. This paper presents a review of the present renewable energy situation and assesses present and future potential of renewable energy sources (RESs) in Algeria. This paper also discusses the trends and expectation in solar systems applications and the aspects of future implementation of renewable energies in the Middle East and North Africa (MENA) region status. The problem related to the use of RES and polices to enhance the use of these sources are also analysed in this paper. In addition the available capacity building, the technical know-how for each RES technology and localizing manufacturing of renewable energy equipments are defined. The co-importance of both policy and technology investments for the future Algerian markets of RES and competitiveness of the solar/wind approach is emphasized. Some examples of policy significantly impacting Algerian markets are reviewed, and the intention of the new Algerian RES initiative is discussed.

Essays on the integration of renewables in electricity markets

International Nuclear Information System (INIS)

Knaut, Andreas

2017-01-01

The thesis sheds light onto the integration of renewable energy generation into electricity markets based on five articles. The first article is concerned with the optimal strategies of renewable producers selling electricity in sequential markets. A model is developed in which renewable generators trade their production in two sequential markets, which can be regarded as the day-ahead and intraday markets. Trading in the first market takes place under uncertainty about the final production level of renewable generation. The results show that it might be optimal for renewable producers to sell less than the expected quantity in the day-ahead market. The second article focuses on the high variability in production from renewable electricity and its effect on prices. A model for the allocation of hourly and quarter-hourly electricity generation is developed, assuming that the participation in the market for quarter-hourly products is restricted. Restricted participation in the market for quarter-hourly products may have caused welfare losses of about EUR 96 million in 2015. In the third article, the hourly price elasticity of demand for electricity in the German day-ahead market is empirically estimated. The results indicate a high level of variation of price elasticity of demand throughout the day ranging from -0.02 to -0.13 depending on the time of the day in the German day-ahead market in 2015. The fourth article is concerned with the tariff design in retail markets for electricity. It focuses on the inefficiency from time-invariant pricing in combination with an increasing share of renewable energies. The last article finally takes a closer look at the balancing power market and the impact of different market designs on efficiency and competition. Based on a developed model, it shows that shorter tender frequencies could lower the costs of balancing power procurement by up to 15 %. While market concentration decreases in many markets with shorter provision

Essays on the integration of renewables in electricity markets

Energy Technology Data Exchange (ETDEWEB)

Knaut, Andreas

2017-07-06

The thesis sheds light onto the integration of renewable energy generation into electricity markets based on five articles. The first article is concerned with the optimal strategies of renewable producers selling electricity in sequential markets. A model is developed in which renewable generators trade their production in two sequential markets, which can be regarded as the day-ahead and intraday markets. Trading in the first market takes place under uncertainty about the final production level of renewable generation. The results show that it might be optimal for renewable producers to sell less than the expected quantity in the day-ahead market. The second article focuses on the high variability in production from renewable electricity and its effect on prices. A model for the allocation of hourly and quarter-hourly electricity generation is developed, assuming that the participation in the market for quarter-hourly products is restricted. Restricted participation in the market for quarter-hourly products may have caused welfare losses of about EUR 96 million in 2015. In the third article, the hourly price elasticity of demand for electricity in the German day-ahead market is empirically estimated. The results indicate a high level of variation of price elasticity of demand throughout the day ranging from -0.02 to -0.13 depending on the time of the day in the German day-ahead market in 2015. The fourth article is concerned with the tariff design in retail markets for electricity. It focuses on the inefficiency from time-invariant pricing in combination with an increasing share of renewable energies. The last article finally takes a closer look at the balancing power market and the impact of different market designs on efficiency and competition. Based on a developed model, it shows that shorter tender frequencies could lower the costs of balancing power procurement by up to 15 %. While market concentration decreases in many markets with shorter provision

The German energy market. 2014 yearbook. Data and facts on conventional and renewable energy resources

International Nuclear Information System (INIS)

Schiffer, Hans-Wilhelm; RWTH Aachen Univ.; World Energy Council, London

2014-01-01

The present book provides an overview of the energy market of the German Federal Republic. Its main emphasis is on structures of demand and supply in the markets for crude oil, brown coal, hard coal, natural gas and electricity. A special chapter has been dedicated to renewable energy resources. Another focal area are the price formation mechanisms for oil, coal, natural gas and electricity. The development of energy demand is analysed, differentiating between the sectors industry, transport, households and trade/industry/services. The book addresses the international climate protection treaties, the legal framework for climate protection activities at the European level and the implementation of trade in greenhouse gas emission permits in Germany. It presents current forecasts and scenarios, thus pointing out possible perspectives in the German energy market. It also discusses the framework conditions for Germany's energy policy. The energy markets are portrayed through facts and figures compiled in a total of 125 tables and 148 diagrams. Details of ownership of more than 100 utility companies are made transparent. The chapter on energy in the coalition agreement of 27 November 2013 between the Christian Democratic Union, Christian Social Union and the Social Democratic Party is documented verbatim. Rounding off the publication is a detailed glossary that will facilitate the reader's understanding of complex matters in the field of energy economy.

Energy and durable development: the place of the renewable energies

International Nuclear Information System (INIS)

2001-01-01

The 29 may 2000, took place at the UNESCO, a colloquium on the place of the renewable energies facing the economic development. This document presents the opening presentation of A. Antolini and L. Jospin and the colloquium papers and debates in the following four domains: the energy challenges of the durable development, the renewable energies sources facing the european directive, the thermal renewable energies (solar, geothermics and biomass) and the greenhouse effect, the world market of the renewable energies. (A.L.B.)

A unified REC market and composite RPO scheme for promotion of renewable energy in India

Science.gov (United States)

Shereef, R. M.; Khaparde, S. A.

2017-07-01

In India, uniform price was assigned to renewable energy certificate (REC) irrespective of renewable energy (RE) type, technology, and location. Moreover REC price bands are higher than existing preferential tariff. There are distinct renewable purchase obligations (RPOs) specified for various RE types, whereas there is lack of efficient tools to check RPO compliance. Because of these reasons, REC market stabilisation is getting delayed. This paper proposes a method using plant performance multiplier to convert non-solar and solar REC to single equivalent REC with competitive REC pricing, which can be traded on unified REC market. The method combines solar and non-solar RPOs into a single composite RPO, to make RPO compliance and its checking simple and efficient. A sample illustration of the proposed method is given. The benefits offered by the proposed method in REC pricing, REC trading and RPO compliance are discussed. A comparative economic analysis of present and proposed method is reported.

The daily hour forecasting of the electrical energy production from renewable energy sources – a required condition for the operation of the new energy market model

International Nuclear Information System (INIS)

Kalpachka, Gergana; Kalpachki, Georgi

2011-01-01

The report presented the new energy market model in Bulgaria and the main attention is directed to a daily hour forecasting of the electrical energy production from renewable energy sources. The need of development of a methodology and the development of the most precise methods for predicting is reviewed and some of the used methods at the moment are presented. An analysis of the problems related to the daily hour forecasting is done using data from the producers of electrical energy from renewable energy sources in the territory of western Bulgaria. Keywords: Renewable energy sources, daily hour forecasting, electrical energy

Electricity markets evolution with the changing generation mix: An empirical analysis based on China 2050 High Renewable Energy Penetration Roadmap

International Nuclear Information System (INIS)

Zou, Peng; Chen, Qixin; Yu, Yang; Xia, Qing; Kang, Chongqing

2017-01-01

Highlights: • How electricity markets are evolving with the changing generation mix is studied. • China 2050 High Renewable Energy Penetration Roadmap are empirically analysed. • A multi-period Nash-Cournot model is established to study the market equilibrium. • Energy storages are analysed and compared to reveal their impacts on the equilibrium. - Abstract: The power generation mix are significantly changing due to the growth of stricter energy policies. The renewables are increasingly penetrating the power systems and leading to more clean energy and lower energy prices. However, they also require much more flexibilities and ancillary services to handle their uncertainties and variabilities. Thus, the requirements for regulation and reserve services may dramatically increase while the supplies of these services, which are mainly from the traditional thermal plants, remain almost invariant. This changing situation will cause higher regulation and reserve prices and impact the profit models and revenue structures of the traditional plants. How electricity markets are actually evolving with the changing generation mix? Can enough backup power plants be given adequate economic incentives and thus remained with the increasing renewables and the decreasing energy prices and productions? Can de-carbonization be fully performed in power systems? To explicitly answer the question, this paper uses a multi-period Nash-Cournot equilibrium model to formulate the evolution of power markets incorporating different types of generators, including thermal units, hydro units, wind farms, solar stations and energy storage systems. The price changes in the co-optimized energy, regulation and reserve markets, and the profit changes of various generators are studied. And the variabilities and uncertainties of renewable generation sources are considered in dynamically determining the requirements of regulation and reserve services. Based on the China 2050 High Renewable Energy

Incentives for Energy Saving and Renewable Energy in the Netherlands

International Nuclear Information System (INIS)

Cace, J.

2008-01-01

Energy saving and renewable energy are again on the Dutch political agenda. Based on the governmental energy report, market parties have developed the action plan for the realisation of national renewable energy targets. The evaluation of recently closed subsidy programmes and development of new incentives take place in close cooperation among governmental organisations and market parties. For the financing of the action plan the government has reserved the budget up to 2011. The government believes that the implementation of energy efficiency and renewable energy will strengthen the national economy and that the benefits of these measures will exceed the costs. The main obstacles related to the implementation of a large scale wind power generation are: spatial integration, permits and connection to the grid. Also, the large scale biomass plants meet problems because of the lack of clear environmental and sustainability criteria. The Dutch targets for 2020 are: increasing of energy efficiency with 20%, 20% renewable energy and decreasing of CO 2 -emissions with 30%.(author)

The potential of renewable energies

International Nuclear Information System (INIS)

Glubrecht, H.

1998-01-01

If one compares the progress in research and development of renewable energy applications with the finding which has been granted to these activities during the 23 years after the first oil shock, one cannot but be very impressed. It is indicated in this paper hoe comprehensive the potential of renewable energy is. One should take into account that the methods described form a broad interdisciplinary field in contrast to fossil and nuclear technologies. From technical point of view the present and future energy demand can be met by the broad spectrum of renewable energies in combination with energy conservation. Many of these techniques are already economically competitive: solar architecture, wind energy, hydropower, low temperature heat production, photovoltaic for remote areas, various types of biomass application, geothermal energy although not exactly renewable. The future of renewable energies will depend on opening markets for these techniques

German energy market 2016

International Nuclear Information System (INIS)

Schiffer, Hans-Wilhelm; Weltenergierat, Berlin

2017-01-01

The basic orientation of the German energy supply to the increased use of renewable energies, while increasing energy efficiency, is prediscribed by the German government's energy concept and determines the market development. A current overview of the German energy market is given, which provides also this year a concentrated Compilation of the key data of the energy industry. As in the years before, the article not only summarizes general facts about the energy mix, but also goes into detail on the development of the individual energy sources, petroleum, natural gas, brown coal and hard coal, electricity as well as renewable energies. Furthermore, the price trends of international markets and in the domestic market are explained. A current overview of the development of greenhouse gas emissions concludes the contribution. [de

Renewable Energy Policy Fact sheet - Hungary

International Nuclear Information System (INIS)

2017-07-01

The EurObserv'ER policy profiles give a snapshot of the renewable energy policy in the EU Member States. In Hungary, electricity from renewable energy sources is supported by a feed-in-tariff or a market ('green') premium, depending on the capacity and energy source. Household-sized power plants up to 50 kVA can benefit from net metering. In general, subsidy programmes also promote the use of renewable energy sources in the electricity and heating sector. The main support scheme for the use of renewable energy in the transportation sector is a quota system supplemented by a reimbursement of excise duty

Conference 'Renewable energies, between job market growth and lack of qualified manpower - The wind energy example in France and Germany

International Nuclear Information System (INIS)

Lettry, Marion; Hirschl, Bernd; Kopp, Clement; Tchernia, Marianne; Nirup, Christina; Kaern, Moses; Andretto, Jean-Pierre

2009-01-01

The French-German office for Renewable energies (OFAEnR) organised a conference on recruitment and training requirements in the wind power industry. In the framework of this French-German exchange of experience, participants exchanged views on the actual development of the wind energy industry in both countries and provided a comprehensive overview of manpower needs and training offers. This document brings together the available presentations (slides) made during this event: 1 - Wind energy in France: a chance for the industry and the job market (Marion Lettry); 2 - economical issue and potentialities of products and services in the renewable energies sector (Bernd Hirschl); 3 - Challenge of the wind energy market: recruitment and knowledge transfer in an international market (Clement Kopp, Marianne Tchernia); 4 - Continuing training of professionals - Towards a diversification of the offer? (Christina Nirup); 5 - Who ensures the training of the future wind energy managers today? Qualification and curriculum in Germany (Moses Kaern); 6 - Technical maintenance of wind farms - Further training. How to ensure continuity? (Jean-Pierre Andretto)

Renewable Energy: Policy Considerations for Deploying Renewables

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

This information paper accompanies the IEA publication Deploying Renewables 2011: Best and Future Policy Practice (IEA, 2011a). It provides more detailed data and analysis on policies for Deploying Renewables, and is intended to complement the main publication. It provides an account of the strategic drivers underpinning renewable energy (RE) technology deployment (energy security, economic development and environment protection) and assesses RE technologies with respect to these drivers, including an estimate of GHG emissions reductions due to RE technologies. The paper also explores the different barriers to deploying renewables at a given stage of market maturity and discusses what tools policy makers can avail of to succeed in removing deployment barriers. An additional topical highlight explores the challenges associated with accelerating the diffusion of RE technologies in developing countries.

Integration of renewable energies in the electricity market; Integration erneuerbarer Energien in den Strommarkt

Energy Technology Data Exchange (ETDEWEB)

Schwarz, Eike

2014-08-15

Capacity markets such as the decentralised performance market as demanded by the electricity economy put wind power and photovoltaic plants at a disadvantage. The author therefore argues against the establishment of a capacity market and in favour of making better use of the electricity market's already existing significant potential for further development, specifically through: flexibilisation of exchange electricity markets, closer coupling between exchange electricity markets and control energy markets, and incorporation of electricity consumers into the market mechanism. This would at the same time serve to meet a decisive prerequisite for a smooth transition from today's to tomorrow's electricity supply, and that is a single electricity market for conventional power plants as well as electricity production plants fuelled with renewable resources, whether or not entailing fuel costs, in which all types of plants compete with each other on a level playing field. If a capacity market should prove necessary after all in a few years, it can still be set up. Safeguarding security of supply is of vital importance for both the economy and society at large. For emergencies a strategic reserve with a capacity of several GW should therefore be created, and the Ordinance on Reserve Power Plants should be amended to this effect. The establishment by the Renewable Energy Law of 2014 of an obligation of direct marketing for wind power and photovoltaic plants appears to have been premature considering the deficits of the electricity market and the large fleet of inflexible conventional power plants. What is needed now is a near-term flexibilisation of the electricity market and reform of the CO{sub 2} emissions trading scheme.

Renewable energy sources. European Commission papers

International Nuclear Information System (INIS)

1997-05-01

The ''Directive on the Promotion of Electricity from Renewable Sources of Energy in the Internal Electricity Market'' was adopted in September 2001. Its purpose is to promote an increase in the contribution of renewable energy sources to electricity production in the internal market for electricity and to create a basis for a future Community framework. Energie-Cites provides in this document a summary of its opinion on the Green Paper and on Alterner II and gives a proposal for an Action Plan concerning the White Paper. (A.L.B.)

Heterogeneous Policies, Heterogeneous Technologies: The Case of Renewable Energy

International Nuclear Information System (INIS)

Nicolli, Francesco; Vona, Francesco

2014-07-01

This paper investigates empirically the effect of market regulation and renewable energy policies on innovation activity in different renewable energy technologies. For the EU countries and the years 1980 to 2007, we built a unique dataset containing information on patent production in eight different technologies, proxies of market regulation and technology-specific renewable energy policies. Our main findings show that lowering entry barriers is a more significant driver of renewable energy innovation than privatisation and un-bundling, but its effect varies across technologies, being stronger in technologies characterised by the potential entry of small, independent power producers. Additionally, the inducement effect of renewable energy policies is heterogeneous and more pronounced for wind, which is the only technology that is mature and has high technological potential. Finally, the ratification of the Kyoto protocol - determining a more stable and less uncertain policy framework - amplifies the inducement effect of both energy policy and market liberalisation. (authors)

European Schemes for Promoting Renewables in Liberalised Markets

DEFF Research Database (Denmark)

Meyer, Niels I.

2003-01-01

The paper describes possibilities and problems for penetration of supply systems based on renewable energy sources in liberalised markets. The analysis is based on recent development in EU with different models for support of installations based on renewable energy. These include feed-in models...... with guaranteed minimum tariffs, tender models for different bands of technologies, and green certificates trading models with obligatory consumer quota. The paper describes the market situation in selected European countries, including Germany, the UK, Holland and Denmark.An EU directive from September 2001 has...

Commercialisation of renewable energy technologies and opportunities available in the Indian market

International Nuclear Information System (INIS)

Bakshi, P.R.

1994-01-01

One of India's major infra-structural requirements is energy. This paper discusses India's generating capacity from conventional and non-conventional sources of energy in order to meet future power requirements. The Ministry of Non-conventional Energy Sources has set targets during the next five years for additional capacity of approximately 2,000 MW from new and renewable sources of energy. Power generation from these sources is estimated at 600 MW of small hydro power, 500 MW of wind power, 500 MW of biomass/bio energy, 30 MW of solar thermal power and 25 MW of solar photovoltaic power. The estimated market potential and opportunities for each power source is outlined

Renewable energy technologies in Australia: research, status and prospects

International Nuclear Information System (INIS)

Bruce, G.R.

2006-01-01

In support of environmental goals - principally reductions in greenhouse gas emissions from the energy sector - Australian Federal and State governments have put in place a range of measures to support the deployment of increasing levels of renewable energy products and services. These market-making mechanisms complement Australia's leadership in a wide range of technologies for stationary energy applications of renewable energy, including photovoltaics, electricity storage, concentrating solar power, small wind turbines, energy efficiency products, hot dry rock geothermal and wave power. Industry is responding to these market and technology opportunities, and associated policy measures to support their growth, with the aim of growing a sizeable renewable energy sector that delivers economically competitive solutions for Australian and export markets. (author)

New narratives on Russian renewable energy policy

International Nuclear Information System (INIS)

Belyi, A.V.; Overland, I.

2010-01-01

The article points out the renewable energy potential in Russia in light of the new policy targets development, technical and economic potential as well as limits related to a lack of effectiveness of renewable energy promoting policies. Moreover, the article links the renewable energy development to the liberalization of Russian power sector which actually provides a possibility for market-support mechanisms, such as the green certificates. Renewable energy in Russia also has an important regional dimension, particularly for remote regions. (authors)

On the battleground of environmental and competition policy: The renewable electricity market

Science.gov (United States)

Meszaros, Matyas Tamas

Renewable energy sources have become increasingly important in the efforts to provide energy security and to fight global warming. In the last decade environmental policy has increased the support for renewable electricity. At the same time the electricity sector was often subject of antitrust investigation because of relevant market concentration, and market power. This dissertation looks at the renewable electricity market to analyze the effect of environmental policy on competition. The first chapter provides a short introduction into the regulatory schemes of electricity markets. The second chapter analyzes the demand side of the electricity market. The estimations show that there was no significant change in the income and price elasticity in the electricity consumption of the US households between 1993 an 2001, although there was several policy initiatives to increase energy efficiency and decrease consumption. The third chapter derives a theoretical model where the feed-in tariff and the tradable green certificate system can be analyzed under oligopolistic market structure. The results of the model suggest that the introduction of the environmentally friendly regulatory schemes can decrease the electricity prices compared to the case when there is no support for renewable energy. The other findings of this model is that the price of electricity rises when the requirement for renewable energy increases. In the fourth chapter a simulation model of the UK electricity market is used to test the effect of mergers and acquisitions under the environmental support scheme. The results emphasize the importance of the capacity limit, because it can constrain the strategic action of the electricity producers. The results of the simulation also suggest that the increasing concentration can increase the production and lower the price of electricity and renewable energy certificates in the British Renewable Obligation system.

Role of State Policy in Renewable Energy Development

Energy Technology Data Exchange (ETDEWEB)

Doris, E.; Busche, S.; Hockett, S.; McLaren, J.

2009-07-01

State policies can support renewable energy development by driving markets, providing certainty in the investment market, and incorporating the external benefits of the technologies into cost/benefit calculations. Using statistical analyses and policy design best practices, this paper quantifies the impact of state-level policies on renewable energy development in order to better understand the role of policy on development and inform policy makers on the policy mechanisms that provide maximum benefit. The results include the identification of connections between state policies and renewable energy development, as well as a discussion placing state policy efforts in context with other factors that influence the development of renewable energy (e.g. federal policy, resource availability, technology cost, public acceptance).

Merit-order effects of renewable energy and price divergence in California’s day-ahead and real-time electricity markets

International Nuclear Information System (INIS)

Woo, C.K.; Moore, J.; Schneiderman, B.; Ho, T.; Olson, A.; Alagappan, L.; Chawla, K.; Toyama, N.; Zarnikau, J.

2016-01-01

We answer two policy questions: (1) what are the estimated merit-order effects of renewable energy in the California Independent System Operator’s (CAISO’s) day-ahead market (DAM) and real-time market (RTM)? and (2) what causes the hourly DAM and RTM prices to systematically diverge? The first question is timely and relevant because if the merit-order effect estimates are small, California’s renewable energy development is of limited help in cutting electricity consumers’ bills but also has a lesser adverse impact on the state’s investment incentive for natural-gas-fired generation. The second question is related to the efficient market hypothesis under which the hourly RTM and DAM prices tend to converge. Using a sample of about 21,000 hourly observations of CAISO market prices and their fundamental drivers during 12/12/2012–04/30/2015, we document statistically significant estimates (p-value≤0.01) for the DAM and RTM merit-order effects. This finding lends support to California’s adopted procurement process to provide sufficient investment incentives for natural-gas-fired generation. We document that the RTM-DAM price divergence partly depends on the CASIO’s day-ahead forecast errors for system loads and renewable energy. This finding suggests that improving the performance of the CAISO’s day-ahead forecasts can enhance trading efficiency in California’s DAM and RTM electricity markets. - Highlights: •Estimate the day-ahead and real-time merit-order effects of renewable energy in California. •Document statistically significant merit-order effects of solar and wind energy. •Document the difference between the day-ahead and real-time prices. •Attribute the price differences to forecast errors for load, solar and wind energy. •Discuss the evidence’s implications for California’s energy policy.

Likely market-penetrations of renewable-energy technologies

International Nuclear Information System (INIS)

Probert, S.D.; Mackay, R.M.

1998-01-01

The learning-curve concept is considered to be an important tool for predicting the future costs of renewable-energy technology systems. This paper sets out the underlying rationale for learning-curve theory and the potential for its application to renewable technologies, such as photovoltaic-module and wind-power generator technologies. An indication of the data requirements for carrying out learning-curve projections is given together with an assessment of the requirements necessary for an analysis to be undertaken of the application of learning curves to other renewable-energy technologies. The paper includes a cost comparison and a figure-of-merit criterion applicable to photovoltaic-module and wind-power-turbine technologies. (Copyright (c) 1998 Elsevier Science B.V., Amsterdam. All rights reserved.)

Gender and renewable energy: policy, analysis, and market implications

Energy Technology Data Exchange (ETDEWEB)

Farhar, Barbara C. [National Renewable Energy Lab., Golden, CO (United States)

1998-09-01

Women are the main producers of energy in developing countries and households are the main users of energy. Because gender roles and traditions have been largely ignored in energy, the global potential for renewable energy has been negatively affected. However, microcredit lending could fund sustainable development technology. This paper argues that renewable energy, gender roles, and microfinancing should be inherent parts of sustainable economic development programs. The relevant activities of pertinent development organisations and potential synergies are briefly described, the plans for the U.S. National Renewable Energy Laboratory to explore the gender issue are summarised, and the evolution of gender and energy as a field is addressed. (Author)

Causal Dynamic Relationships between Political–Economic Factors and Export Performance in the Renewable Energy Technologies Market

Directory of Open Access Journals (Sweden)

Bongsuk Sung

2018-04-01

Full Text Available This study explores how political–economic forces could affect export performance in the renewable energy technologies market. We conduct panel framework analyses to verify the characteristics of panel data for 19 countries before establishing the panel estimator meant to test the effects of political–economic forces on export specialization. We consider the results of the panel framework analyses and develop an empirical model to test casual dynamic relationships between political–economic forces and export performance. The results from the least squares dummy variable-corrected estimation indicate that the major factors promoting the export specialization of renewable energy technologies are, in order of decreasing importance, public pressure, market size, and government demand-pull policy. However, the traditional energy industry has no significant effect on export performance. Finally, this study finds that dynamic effects exist in all estimations.

Profit-based conventional resource scheduling with renewable energy penetration

Science.gov (United States)

Reddy, K. Srikanth; Panwar, Lokesh Kumar; Kumar, Rajesh; Panigrahi, B. K.

2017-08-01

Technological breakthroughs in renewable energy technologies (RETs) enabled them to attain grid parity thereby making them potential contenders for existing conventional resources. To examine the market participation of RETs, this paper formulates a scheduling problem accommodating energy market participation of wind- and solar-independent power producers (IPPs) treating both conventional and RETs as identical entities. Furthermore, constraints pertaining to penetration and curtailments of RETs are restructured. Additionally, an appropriate objective function for profit incurred by conventional resource IPPs through reserve market participation as a function of renewable energy curtailment is also proposed. The proposed concept is simulated with a test system comprising 10 conventional generation units in conjunction with solar photovoltaic (SPV) and wind energy generators (WEG). The simulation results indicate that renewable energy integration and its curtailment limits influence the market participation or scheduling strategies of conventional resources in both energy and reserve markets. Furthermore, load and reliability parameters are also affected.

Renewable Energy Tracking Systems

Science.gov (United States)

Renewable energy generation ownership can be accounted through tracking systems. Tracking systems are highly automated, contain specific information about each MWh, and are accessible over the internet to market participants.

State Clean Energy Policies Analysis (SCEPA). State Policy and the Pursuit of Renewable Energy Manufacturing

Energy Technology Data Exchange (ETDEWEB)

Lantz, Eric [National Renewable Energy Lab. (NREL), Golden, CO (United States); Oteri, Frank [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tegen, Suzanne [National Renewable Energy Lab. (NREL), Golden, CO (United States); Doris, Elizabeth [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2010-02-01

Future manufacturing of renewable energy equipment in the United States provides economic development opportunities for state and local communities. However, demand for the equipment is finite, and opportunities are limited. U.S. demand is estimated to drive total annual investments in renewable energy equipment to $14-$20 billion by 2030. Evidence from leading states in renewable energy manufacturing suggests that economic development strategies that target renewable energy sector needs by adapting existing policies attract renewable energy manufacturing more than strategies that create new policies. Literature suggests that the states that are most able to attract direct investment and promote sustained economic development can leverage diverse sets of durable assets—like human capital and modern infrastructure–as well as low barriers to market entry. State marketing strategies for acquiring renewable energy manufacturers are likely best served by an approach that: (1) is multi-faceted and long-term, (2) fits within existing broad-based economic development strategies, (3) includes specific components such as support for renewable energy markets and low barriers to renewable energy deployment, and (4) involves increased differentiation by leveraging existing assets when applicable.

State Clean Energy Policies Analysis (SCEPA): State Policy and the Pursuit of Renewable Energy Manufacturing

Energy Technology Data Exchange (ETDEWEB)

Lantz, E.; Oteri, F.; Tegen, S.; Doris, E.

2010-02-01

Future manufacturing of renewable energy equipment in the United States provides economic development opportunities for state and local communities. However, demand for the equipment is finite, and opportunities are limited. U.S. demand is estimated to drive total annual investments in renewable energy equipment to $14-$20 billion by 2030. Evidence from leading states in renewable energy manufacturing suggests that economic development strategies that target renewable energy sector needs by adapting existing policies attract renewable energy manufacturing more than strategies that create new policies. Literature suggests that the states that are most able to attract direct investment and promote sustained economic development can leverage diverse sets of durable assets--like human capital and modern infrastructure--as well as low barriers to market entry. State marketing strategies for acquiring renewable energy manufacturers are likely best served by an approach that: (1) is multi-faceted and long-term, (2) fits within existing broad-based economic development strategies, (3) includes specific components such as support for renewable energy markets and low barriers to renewable energy deployment, and (4) involves increased differentiation by leveraging existing assets when applicable.

Market analysis. Renewable fuels

International Nuclear Information System (INIS)

2014-01-01

The Agency for Renewable Resources (FNR) had on behalf of the Federal Ministry of Food and Agriculture created a study on the market development of renewable resources in Germany and published this in the year of 2006. The aim of that study was to identify of actual status and market performance of the individual market segments of the material and energetic use as a basis for policy recommendations for accelerated and long term successful market launch and market share expansion of renewable raw materials. On behalf of the FNR, a market analysis of mid-2011 was carried out until the beginning of 2013, the results of which are hereby resubmitted. This market analysis covers all markets of material and energetic use in the global context, taking account of possible competing uses. A market segmentation, which was based on the product classification of the Federal Statistical Office, formed the basis of the analysis. A total of ten markets have been defined, seven material and three energetic use. [de

China and renewable energy in Africa: Opportunities for Norway?

International Nuclear Information System (INIS)

2011-12-01

This study assesses the potential for Norwegian engagement in Sino-African renewable energy development. The study analyzes Norwegian competitiveness and complementarities towards Chinese energy actors in the African market, and identifies respective strengths and weaknesses against the backdrop of the African market. The report identifies barriers and opportunities for Norwegian commercial and developmental engagement towards upscaling renewable energy in Africa that may also apply to other OECD countries. Finally, the report points to possibilities for Norway to support sustainable Sino-African renewable energy development. (au)

China and renewable energy in Africa: Opportunities for Norway?

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-12-15

This study assesses the potential for Norwegian engagement in Sino-African renewable energy development. The study analyzes Norwegian competitiveness and complementarities towards Chinese energy actors in the African market, and identifies respective strengths and weaknesses against the backdrop of the African market. The report identifies barriers and opportunities for Norwegian commercial and developmental engagement towards upscaling renewable energy in Africa that may also apply to other OECD countries. Finally, the report points to possibilities for Norway to support sustainable Sino-African renewable energy development. (au)

Energy Market Liberalisation and Renewable Energy Policies in OECD Countries

International Nuclear Information System (INIS)

Vona, Francesco; Nicolli, Francesco

2013-07-01

We investigate the effect of energy liberalizations on policies that support renewable energy in a long panel of OECD countries. We estimate this effect accounting for the endogeneity of liberalisation related to joint decisions within a country's energy strategy. Using regulation in other industries as instruments, we find that energy liberalisation increases the public support to renewable energy. The effect of liberalisation is the second largest after the effect of per-capita income and is fully driven by reductions in entry barriers, while the effect of privatisation is negative. Finally, our results are robust to dynamic specifications and various policy indicators. (authors)

Current Renewable Energy Technologies and Future Projections

Energy Technology Data Exchange (ETDEWEB)

Allison, Stephen W [ORNL; Lapsa, Melissa Voss [ORNL; Ward, Christina D [ORNL; Smith, Barton [ORNL; Grubb, Kimberly R [ORNL; Lee, Russell [ORNL

2007-05-01

The generally acknowledged sources of renewable energy are wind, geothermal, biomass, solar, hydropower, and hydrogen. Renewable energy technologies are crucial to the production and utilization of energy from these regenerative and virtually inexhaustible sources. Furthermore, renewable energy technologies provide benefits beyond the establishment of sustainable energy resources. For example, these technologies produce negligible amounts of greenhouse gases and other pollutants in providing energy, and they exploit domestically available energy sources, thereby reducing our dependence on both the importation of fossil fuels and the use of nuclear fuels. The market price of renewable energy technologies does not reflect the economic value of these added benefits.

The impact of renewable energies on EEX day-ahead electricity prices

International Nuclear Information System (INIS)

Paraschiv, Florentina; Erni, David; Pietsch, Ralf

2014-01-01

In this paper, we analyze the impact of renewable energies, wind and photovoltaic, on the formation of day-ahead electricity prices at EEX. We give an overview of the policy decisions concerning the promotion of renewable energy sources in Germany and discuss their consequences on day-ahead prices. An analysis of electricity spot prices reveals that the introduction of renewable energies enhances extreme price changes. In the frame of a dynamic fundamental model, we show that there has been a continuous electricity price adaption process to market fundamentals. Furthermore, the fundamental drivers of prices differ among hours with different load profiles. Our results imply that renewable energies decrease market spot prices and have implications on the traditional fuel mix for electricity production. However, the prices for the final consumers increased overall because they must pay in addition the feed-in tariffs for the promotion of renewable energy. - Highlights: • We analyze the impact of renewable energies on the day-ahead electricity prices at EEX. • We discuss the impact of renewables on day-ahead prices. • We show a continuous electricity price adaption process to market fundamentals. • Renewable energies decrease market spot prices and shift the merit order curve. • The prices for the final consumers however increased because of feed-in tariffs

Drivers for renewable energy: A comparison among OECD countries

International Nuclear Information System (INIS)

Gan, Jianbang; Smith, C.T.

2011-01-01

The difference in the shares of renewable energy in total primary energy supply among OECD countries is immense. We attempt to identify some key factors that may have driven this difference for renewable energy in general and bioenergy in particular. We found that besides country-specific factors, gross national product (GDP) and renewable energy and bioenergy market deployment policies have significant and positive impacts on the per capita supply of both renewable energy and bioenergy in OECD countries. R and D expenditures, energy prices, CO 2 emissions, and other energy policies are statistically insignificant in terms of their impact on renewable energy and bioenergy supply. However, this does not necessarily mean that they are not potential drivers for renewable energy and bioenergy, but rather suggests that their magnitudes have not been big enough to significantly influence energy supply based on the historical data from 1994 to 2003. These findings lead to useful policy implications for countries attempting to promote renewable energy and bioenergy development. -- Highlights: ► We identify the drivers of renewable energy development in OECD countries. ► Common drivers include GDP per capita and market deployment policies. ► Country-specific drivers reveal different pathways for bioenergy development.

Renewable energy burden sharing. REBUS. Effects of burden sharing and certificate trade on the renewable electricity market in Europe

International Nuclear Information System (INIS)

Voogt, M.H.; Uyterlinde, M.A.; De Noord, M.; Skytte, K.; Nielsen, L.H.; Leonardi, M.; Whiteley, M.H.; Chapman, M.

2001-05-01

Creation of an internal market for renewable electricity will involve a political negotiation process, similar to previous European Union (EU) greenhouse gas negotiations. The Energy Ministers in the EU have agreed upon an overall target of 22% of electricity supply from Renewable Energy Sources (RES-E) and a distribution of targets over the individual Member States. The REBUS project provides insights in the effects of implementing targets for renewable electricity generation at EU Member State level and the impact of introducing burden sharing systems within the EU, such as a Tradable Green Certificate (TGC) system. Member States can participate in such burden sharing systems to reduce the costs of achieving RES-E targets. The project concentrated on the development of the REBUS model, which quantifies the impact of trade (in green certificates, quotas or targets), the specification of cost potential curves for renewable electricity options in each of the 15 EU Member States and the implementation of different rules to setting targets at individual Member State level. In addition, utilities and consumer organisations were interviewed on their requirements and expectations for an international burden sharing scheme. 49 refs

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

International Nuclear Information System (INIS)

Venetsanos, K.; Angelopoulou, P.; Tsoutsos, T.

2002-01-01

There are four elements, which contribute to the oncoming increase of electricity demand: climate changes, the expected growth rates of EU Member State economies, changes in the consumption patterns and the introduction of new technologies. The new deregulated Electricity Market is expected to respond to this challenge and the energy supply will be adequate and cost effective within this new environment which offers promising opportunities for power producers both existing and newcomers. In this paper a framework for the appraisal of power projects under uncertainty within a competitive market environment is identified, focusing on the electricity from Renewable Energy Sources. To this end the wind energy-to-electricity, production in Greece will serve as a case study. The subject matter is centred on the following areas: the uncertainties within the new deregulated energy market; the evaluation methods including an analysis of the introduced uncertainties after deregulation and a new approach to project evaluation using the real options, as well as comparison of the valuation methodologies within the new environment drawing from the case for Greece. (author)

Sustaining with efficiency the renewable energy sources

International Nuclear Information System (INIS)

Bano, L.; Lorenzoni, A.

2008-01-01

European energy policy requires actions, in favour of a more widespread diffusion of renewable energy sources. Is essential to have an efficient financial support to reduce costs. Are presented an estimated of electric power from renewable energy sources and some criticism. Is proposed a modification of green certificates market based on bilateral tradable agreements [it

Renewable energy sources in Europe; Erneuerbare Energien in Europa

Energy Technology Data Exchange (ETDEWEB)

Mueller, Thorsten; Kahl, Hartmut (eds.)

2015-07-01

The book on renewable energy sources in Europe includes contributions on the following issues: Europe's energy and climate policy on the crossroad; possible promotion of renewable energy in Europe; regulation and innovations in a multi-level system - European energy and climate protection legislation - freedom of action for the member states; lessons learned - in the implementation of the European renewable energy guideline; Options for the development of the renewable energy guideline; status and development of the legal system of the energy domestic market; actual developments in the legislation of the EuGH on the compatibility of green electricity promotion systems with free movement on goods; Europe without critical power situations; prerequisites and consequences of a European electricity market coupling; selected grants of the EU commission for green energy promotion; assistance guidelines of the EU commission for energy and environment purposes.

The market value of variable renewables

International Nuclear Information System (INIS)

Hirth, Lion

2013-01-01

This paper provides a comprehensive discussion of the market value of variable renewable energy (VRE). The inherent variability of wind speeds and solar radiation affects the price that VRE generators receive on the market (market value). During windy and sunny times the additional electricity supply reduces the prices. Because the drop is larger with more installed capacity, the market value of VRE falls with higher penetration rate. This study aims to develop a better understanding on how the market value with penetration, and how policies and prices affect the market value. Quantitative evidence is derived from a review of published studies, regression analysis of market data, and the calibrated model of the European electricity market EMMA. We find the value of wind power to fall from 110% of the average power price to 50–80% as wind penetration increases from zero to 30% of total electricity consumption. For solar power, similarly low value levels are reached already at 15% penetration. Hence, competitive large-scale renewable deployment will be more difficult to accomplish than as many anticipate. - Graphical abstract: Wind value factor estimates from a literature review (a), the numerical model EMMA (b), and German historical market data (c). The value factor (wind revenue over base price) decreases with higher penetration rates. Highlights: ► The variability of solar and wind power affects their market value. ► The market value of variable renewables falls with higher penetration rates. ► We quantify the reduction with market data, numerical modeling, and a lit review. ► At 30% penetration, wind power is worth only 50–80% of a constant power source

Energy efficiency, renewable energy and sustainable development

Energy Technology Data Exchange (ETDEWEB)

Ervin, C.A.

1994-12-31

The Office of Energy Efficiency and Renewable Energy (EE) is part of the U.S. Department of Energy that is specifically charged with encouraging the more efficient use of energy resources, and the use of renewable energy resources - such as solar power, wind power, biomass energy and geothermal energy. In the past several years, EE has increased its emphasis on technology deployment through partnerships with states, local governments and private companies. Partnerships move new discoveries more quickly into the marketplace, where they can create jobs, prevent pollution, save resources, and produce many other benefits. The author then emphasizes the importance of this effort in a number of different sections of the paper: energy consumption pervades everything we do; U.S. energy imports are rising to record levels; transportation energy demand is increasing; U.S. energy use is increasing; population growth increases world energy demand; total costs of energy consumption aren`t always counted; world energy markets offer incredible potential; cost of renewables is decreasing; clean energy is essential to sustainable development; sustainable energy policy; sustainable energy initiatives: utilities, buildings, and transportation.

Energy efficiency, renewable energy and sustainable development

International Nuclear Information System (INIS)

Ervin, C.A.

1994-01-01

The Office of Energy Efficiency and Renewable Energy (EE) is part of the U.S. Department of Energy that is specifically charged with encouraging the more efficient use of energy resources, and the use of renewable energy resources - such as solar power, wind power, biomass energy and geothermal energy. In the past several years, EE has increased its emphasis on technology deployment through partnerships with states, local governments and private companies. Partnerships move new discoveries more quickly into the marketplace, where they can create jobs, prevent pollution, save resources, and produce many other benefits. The author then emphasizes the importance of this effort in a number of different sections of the paper: energy consumption pervades everything we do; U.S. energy imports are rising to record levels; transportation energy demand is increasing; U.S. energy use is increasing; population growth increases world energy demand; total costs of energy consumption aren't always counted; world energy markets offer incredible potential; cost of renewables is decreasing; clean energy is essential to sustainable development; sustainable energy policy; sustainable energy initiatives: utilities, buildings, and transportation

Green marketing, renewables, and free riders: increasing customer demand for a public good

Energy Technology Data Exchange (ETDEWEB)

Wiser, R.; Pickle, S.

1997-09-01

Retail electricity competition will allow customers to select their own power suppliers and some customers will make purchase decisions based, in part, on their concern for the environment. Green power marketing targets these customers under the assumption that they will pay a premium for ``green`` energy products such as renewable power generation. But renewable energy is not a traditional product because it supplies public goods; for example, a customer supporting renewable energy is unable to capture the environmental benefits that their investment provides to non-participating customers. As with all public goods, there is a risk that few customers will purchase ``green`` power and that many will instead ``free ride`` on others` participation. By free riding, an individual is able to enjoy the benefits of the public good while avoiding payment. This report reviews current green power marketing activities in the electric industry, introduces the extensive academic literature on public goods, free riders, and collective action problems, and explores in detail the implications of this literature for the green marketing of renewable energy. Specifically, the authors highlight the implications of the public goods literature for green power product design and marketing communications strategies. They emphasize four mechanisms that marketers can use to increase customer demand for renewable energy. Though the public goods literature can also contribute insights into the potential rationale for renewable energy policies, they leave most of these implications for future work (see Appendix A for a possible research agenda).

Integrating Renewables in Electricity Markets

DEFF Research Database (Denmark)

Morales González, Juan Miguel; Conejo, Antonio J.; Madsen, Henrik

in the electricity market. • The development of procedures to enable demand response and to facilitate the integration of stochastic renewable units. This book is written in a modular and tutorial manner and includes many illustrative examples to facilitate its comprehension. It is intended for advanced...... such as: • The modeling and forecasting of stochastic renewable power production. • The characterization of the impact of renewable production on market outcomes. • The clearing of electricity markets with high penetration of stochastic renewable units. • The development of mechanisms to counteract...

Renewable energies, development, and environment: discourses, realities, and perspectives

International Nuclear Information System (INIS)

2007-01-01

After two contributions describing the context of renewable energies and their different objectives and roles in the North and in the South, a set of contributions discusses some controversies and generally accepted ideas about renewable energies: fossil energy appraisal and the greenhouse effect of presently used fuels, the issue of irregularity and climate hazards, photovoltaic energy as a development key for South countries, vulnerability of energy systems, renewable energies and energy market privatisation. The next set of contributions deals with different examples: renewable energies in Africa, electricity and high dams, small hydro developments in China, wind energy in Morocco, solar water-heaters in Tunisia, bio-energies and food security, second generation bio-fuels, biomass energy in Cambodia. Sheets are then proposed with a brief historical overview, a description of the state of the art, an indication of the installed power, of market shares, and a brief discussion of perspectives for the different renewable energy sources: large and small hydro, photovoltaic, thermodynamic solar, wind, geothermal, thermal solar, bio-fuels, biomass, and biogas

The characteristics of electricity storage, renewables and markets

International Nuclear Information System (INIS)

Waterson, Michael

2017-01-01

This paper accepts the widespread view that as electricity generation systems transition towards a greater proportion of renewables provision, there will be an increasing need for storage facilities. However, it differs from most such studies in contrasting the private incentives of a storage operator with the public desirability of bulk storage. A key factor in the context of a market such as Britain, where renewable energy largely means wind generation, is the nature of wind generation itself. The problem of wind's high variance and intermittent nature is explored. It is argued that not only is there a missing money and a missing market issue in providing secure energy supplies, there is also a missing informational issue. A key opportunity for new storage is participation in a capacity market, if the setting is right. - Highlights: • Considers both the public and private incentives for developing energy storage. • Consideration of the intermittency of wind as a factor influencing storage. • Arbitrage analysed alongside other earning streams. • Impact of market design on extent of storage.

Project financing renewable energy schemes

International Nuclear Information System (INIS)

Brandler, A.

1993-01-01

The viability of many Renewable Energy projects is critically dependent upon the ability of these projects to secure the necessary financing on acceptable terms. The principal objective of the study was to provide an overview to project developers of project financing techniques and the conditions under which project finance for Renewable Energy schemes could be raised, focussing on the potential sources of finance, the typical project financing structures that could be utilised for Renewable Energy schemes and the risk/return and security requirements of lenders, investors and other potential sources of financing. A second objective is to describe the appropriate strategy and tactics for developers to adopt in approaching the financing markets for such projects. (author)

A market for renewable energy credits in the Indian power sector

International Nuclear Information System (INIS)

Singh, Anoop

2009-01-01

Electricity generation from renewable energy sources in India has been promoted through a host of fiscal policies and preferential tariff for electricity produced from the same. The fiscal policies include tax incentives and purchase of electricity generated through renewable energy sources. The enactment of the Electricity Act 2003 (the Act) has lent further support to renewable energy by stipulating purchase of a certain percentage of the power procurement by distribution utilities from renewable energy sources. The renewable portfolio obligation as well as the feed-in tariff for power procurement has been specified by a number of State Electricity Regulatory Commissions (SERCs) for the respective state under their jurisdiction. A feed-in tariff determined through a cost-plus approach under a rate of return framework lacks incentive for cost minimisation and does not encourage optimal utilisation of renewable energy resources in the country. Such regulatory provisions differ across states. The prevalent practice of fixing a renewable portfolio obligation along with cost-based feed-in tariffs disregards economic efficiency. The paper proposes nationally tradable renewable energy credits scheme for achieving the targets set by the respective SERCs as renewable portfolio obligation. This would reduce the cost of compliance to a renewable portfolio obligation, and would encourage efficient resource utilisation and investment in appropriate technologies. The paper highlights its advantages and implementation issues. This paper discusses regulatory developments for promotion of renewable energy in various Indian states. The paper also identifies a number of issues related to regulations concerning renewable portfolio obligation. (author)

"Social Capitalism" in Renewable energy generation:

DEFF Research Database (Denmark)

Clark, Woodrow W; Li, Xing

2010-01-01

to develop a wide range of renewable energy generation including solar, wind, geothermal and run of the river. Because China practices “social capitalism” as expressed in it's recurrent Five Year National Plans since 1999, the national government and all the provinces have programs, unlike many western......With a population of over 1.3 billion people, demand for renewable energy is expected to grow to a USD $12 billion market in the near term. Under Renewable Energy Law (REL) in February 2005 in the People's Republic of China (PRC) passed by the National Congress, renewable energy projects...... will be able to receive a range of financial incentives starting in 2006, which will more than double the PRC current renewable energy generation from 7% to 15% by 2020. Most of the increase will be in hydroelectric generated power. Nonetheless, the nation and especially the provinces are moving rapidly...

Policy Enabling Environment for Corporate Renewable Energy Sourcing

Energy Technology Data Exchange (ETDEWEB)

2017-05-09

Interest in renewable energy (RE) procurement in new markets is on the rise. Corporations are increasing their commitments to procuring RE, motivated by an interest in using clean energy sources and reducing their energy expenses. Many large companies have facilities and supply chains in multiple countries, and are interested in procuring renewable energy in the grids where they use energy. The policy environment around the world plays a key role in shaping where and how corporations will invest in renewables. This fact sheet details findings from a recent 21st Century Power Partnership report, Policies to Enable Corporate Renewable Energy Sourcing Internationally.

Renewable energy: the potential opportunities and obligations of ...

African Journals Online (AJOL)

Renewable energy is generally recognised as a positive step on the pathway to sustainable development, but biomass-based renewable energy is becoming a controversial issue. In agriculture, the lure of first-generation biofuels is already distorting world food markets, energy crops such as sugar cane and oil palm ...

Croatia, Serbia and Bosnia-Herzegovina. Renewable energy

Energy Technology Data Exchange (ETDEWEB)

NONE

2009-01-15

The Agency for International Business and Cooperation of the Dutch Ministry of Economic Affairs (EVD) has contracted Larive Serbia to conduct a market survey about Western Balkan's Renewable Energy market, with attention limited to Croatia, Serbia and Bosnia-Herzegovina. After the survey has been conducted according to the ToR No 80MVK13 published by EVD, Larive Serbia presents this market study as the summary of the results obtained by the survey. The survey was intended to identify the market of the four sources of renewable energy (wind energy, bio energy, hydro energy and thermal energy) in Croatia, Serbia and Bosnia-Herzegovina, and derive concrete business opportunities and prospects for Dutch trade and industry. Favorable terms for providing consultancy and engineering services, as well as production of the equipment used in the renewable energy sector were also to be identified. Specific development potential of each country included in the survey was to be provided as a mean of support to possible future market players originating from the Netherlands. Cross-border projects undertaken among the three countries themselves and with neighboring countries were to be included as well. The methodology used for preparing the study included gathering information from public sources, drafting primary version of the study and hypothesis, conducting in-depth interviews, and drafting the final version of the study and supporting hypothesis. As defined in the ToR of the study, first generation bio-fuels have not been included in the scope. In order to present situation in the RES sector objectively, investments based on these were mentioned. The statistical data were used to support and clarify the written information provided. Comparable and reliable data on the renewable energy sources for Croatia, Serbia and Bosnia and Herzegovina are rather scarce, while methodologies applied in national statistics are not in line with EUROSTAT. Additionally, international

Croatia, Serbia and Bosnia-Herzegovina. Renewable energy

International Nuclear Information System (INIS)

2009-01-01

The Agency for International Business and Cooperation of the Dutch Ministry of Economic Affairs (EVD) has contracted Larive Serbia to conduct a market survey about Western Balkan's Renewable Energy market, with attention limited to Croatia, Serbia and Bosnia-Herzegovina. After the survey has been conducted according to the ToR No 80MVK13 published by EVD, Larive Serbia presents this market study as the summary of the results obtained by the survey. The survey was intended to identify the market of the four sources of renewable energy (wind energy, bio energy, hydro energy and thermal energy) in Croatia, Serbia and Bosnia-Herzegovina, and derive concrete business opportunities and prospects for Dutch trade and industry. Favorable terms for providing consultancy and engineering services, as well as production of the equipment used in the renewable energy sector were also to be identified. Specific development potential of each country included in the survey was to be provided as a mean of support to possible future market players originating from the Netherlands. Cross-border projects undertaken among the three countries themselves and with neighboring countries were to be included as well. The methodology used for preparing the study included gathering information from public sources, drafting primary version of the study and hypothesis, conducting in-depth interviews, and drafting the final version of the study and supporting hypothesis. As defined in the ToR of the study, first generation bio-fuels have not been included in the scope. In order to present situation in the RES sector objectively, investments based on these were mentioned. The statistical data were used to support and clarify the written information provided. Comparable and reliable data on the renewable energy sources for Croatia, Serbia and Bosnia and Herzegovina are rather scarce, while methodologies applied in national statistics are not in line with EUROSTAT. Additionally, international sources

Renewable Energy Project Financing: Impacts of the Financial Crisis and Federal Legislation

Energy Technology Data Exchange (ETDEWEB)

Schwabe, P.; Cory, K.; Newcomb, J.

2009-07-01

Extraordinary financial market conditions have disrupted the flows of equity and debt investment into U.S. renewable energy (RE) projects since the fourth quarter of 2008. The pace and structure of renewable energy project finance has been reshaped by a combination of forces, including the financial crisis, global economic recession, and major changes in federal legislation affecting renewable energy finance. This report explores the impacts of these key market events on renewable energy project financing and development.

U.S. Laws and Regulations for Renewable Energy Grid Interconnections

Energy Technology Data Exchange (ETDEWEB)

Chernyakhovskiy, Ilya [National Renewable Energy Lab. (NREL), Golden, CO (United States); Tian, Tian [National Renewable Energy Lab. (NREL), Golden, CO (United States); McLaren, Joyce [National Renewable Energy Lab. (NREL), Golden, CO (United States); Miller, Mackay [National Renewable Energy Lab. (NREL), Golden, CO (United States); Geller, Nina [National Renewable Energy Lab. (NREL), Golden, CO (United States)

2016-09-01

Rapidly declining costs of wind and solar energy technologies, increasing concerns about the environmental and climate change impacts of fossil fuels, and sustained investment in renewable energy projects all point to a not-so-distant future in which renewable energy plays a pivotal role in the electric power system of the 21st century. In light of public pressures and market factors that hasten the transition towards a low-carbon system, power system planners and regulators are preparing to integrate higher levels of variable renewable generation into the grid. Updating the regulations that govern generator interconnections and operations is crucial to ensure system reliability while creating an enabling environment for renewable energy development. This report presents a chronological review of energy laws and regulations concerning grid interconnection procedures in the United States, highlighting the consequences of policies for renewable energy interconnections. Where appropriate, this report places interconnection policies and their impacts on renewable energy within the broader context of power market reform.

Impact of renewables on electricity markets – Do support schemes matter?

International Nuclear Information System (INIS)

Winkler, Jenny; Gaio, Alberto; Pfluger, Benjamin; Ragwitz, Mario

2016-01-01

Rising renewable shares influence electricity markets in several ways: among others, average market prices are reduced and price volatility increases. Therefore, the “missing money problem” in energy-only electricity markets is more likely to occur in systems with high renewable shares. Nevertheless, renewables are supported in many countries due to their expected benefits. The kind of support instrument can however influence the degree to which renewables influence the market. While fixed feed-in tariffs lead to higher market impacts, more market-oriented support schemes such as market premiums, quota systems and capacity-based payments decrease the extent to which markets are affected. This paper analyzes the market impacts of different support schemes. For this purpose, a new module is added to an existing bottom-up simulation model of the electricity market. In addition, different degrees of flexibility in the electricity system are considered. A case study for Germany is used to derive policy recommendations regarding the choice of support scheme. - Highlights: •Renewable support schemes matter regarding the impact on electricity markets. •Market-oriented support schemes reduce the impact on electricity markets. •More flexible electricity systems reduce the need for market participation. •Sliding premiums combine market integration with a productive risk allocation.

Renewable energy policy in South Africa: policy options for renewable electricity

International Nuclear Information System (INIS)

Winkler, H.

2005-01-01

Investment in renewable energy and energy efficiency is important to reduce the negative economic, social and environmental impacts of energy production and consumption in South Africa. Currently, renewable energy contributes relatively little to primary energy and even less to the consumption of commercial energy. This article examines policy options for promoting renewable electricity. Feed-in tariffs guarantee prices for developers, but lack certainty on the amount of renewable electricity such laws would deliver under local conditions. Portfolio standards set a fixed quantity, which would guarantee diversity of supply. The question is whether the incremental upfront cost to be paid by society may be unacceptably high, compared to future health and environmental benefits. A renewables obligation combines the setting of a target with a tendering process, but may be bureaucratic to administer. Neither setting targets or regulating prices alone, however, will be sufficient. Power purchase agreements, access to the grid and creating markets for green electricity are some supporting activities that should be considered. Given that renewable electricity technologies have to compete with relatively low electricity tariffs, funding will be needed. Possible sources, both locally and internationally, are identified. The extent to which these are utilised will determine the future mix of renewable energy in South Africa. (author)

Renewable energy policy in South Africa: policy options for renewable electricity

International Nuclear Information System (INIS)

Winkler, Harald

2005-01-01

Investment in renewable energy and energy efficiency is important to reduce the negative economic, social and environmental impacts of energy production and consumption in South Africa. Currently, renewable energy contributes relatively little to primary energy and even less to the consumption of commercial energy. This article examines policy options for promoting renewable electricity. Feed-in tariffs guarantee prices for developers, but lack certainty on the amount of renewable electricity such laws would deliver under local conditions. Portfolio standards set a fixed quantity, which would guarantee diversity of supply. The question is whether the incremental upfront cost to be paid by society may be unacceptably high, compared to future health and environmental benefits. A renewables obligation combines the setting of a target with a tendering process, but may be bureaucratic to administer. Neither setting targets or regulating prices alone, however, will be sufficient. Power purchase agreements, access to the grid and creating markets for green electricity are some supporting activities that should be considered. Given that renewable electricity technologies have to compete with relatively low electricity tariffs, funding will be needed. Possible sources, both locally and internationally, are identified. The extent to which these are utilised will determine the future mix of renewable energy in South Africa

Constraints of intermittent renewable energies on the management of the energy mix

International Nuclear Information System (INIS)

Percebois, J.

2017-01-01

It appears that variable renewable energies like wind energy or solar energy will have to play an important role in future energy mixes but today their place is limited by the impossibility of storing energy in great scale. In Europe wind energy and solar energy have been developed through incentive policies that have proposed guaranteed tariffs far higher than prices fixed by the energy market, the difference being paid by consumers through taxes. Now the growing importance of renewable energies implies reforming the electricity market. In France the reduction of the share of nuclear energy in power production to give more room for renewable energies is a nonsense because it means replacing a low-cost low-carbon energy by expensive low-carbon energies. Nuclear technologies are not frozen and will evolve over time in terms of more safety, more flexibility to meet the power demand and becoming less centralized to be used in new fields like urban heating or hydrogen production. (A.C.)

ECOWAS renewable energy and energy efficiency status report - 2014

International Nuclear Information System (INIS)

Auth, Katie; Musolino, Evan; Thomas, Tristram; Adebiyi, Adeola; Reiss, Karin; Semedo, Eder; Williamson, Laura E.; Chawla, Kanika; Diarra, Charles

2014-01-01

In recent years, the Economic Community of West African States (ECOWAS), comprising 15 Member States, it has emerged as one of the most active and dynamic regional economic communities on the African continent. Expanding access to modern, reliable, and affordable energy services is a key priority, prompting inter-state cooperation in crucial areas including capacity building, policy development and implementation, and investment. Recognising the critical role that sustainable energy plays in catalysing social, economic, and industrial development across the region, ECOWAS Member States formally inaugurated the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) in 2010 to 'contribute to the sustainable economic, social and environmental development of West Africa by improving access to modern, reliable and affordable energy services, energy security and reduction of energy related externalities'. Drawing on data from the ECOWAS Observatory for Renewable Energy and Energy Efficiency (ECOWREX) and a network of contributors and researchers across the region, the ECOWAS Renewable Energy and Energy Efficiency Status Report supports ECREEE's efforts to increase the deployment of renewable energy and energy efficiency in West Africa by providing a comprehensive regional review of renewable energy and energy efficiency developments, evolving policy landscapes, market trends and related activities, investments in renewable energy and off-grid energy solutions, and the crucial nexus between energy access and gender

Sufficient Flexibility and Capacity in Electricity Markets with Renewables: A Review of Innovative Market Mechanisms

DEFF Research Database (Denmark)

Sekamane, Jonas Khubute; Katz, Jonas; Skytte, Klaus

2017-01-01

This review of the literature collects innovative market mechanisms that tend to get overlooked in the discussion of whether unassisted energy-only markets can ensure sufficient capacity or if capacity remuneration mechanisms are required. The paper complements existing literature reviews...... and pinpoints advantageous research areas relating to the market design of electricity systems with high shares of variable renewable energy...

New Quebec renewable energy organization

Energy Technology Data Exchange (ETDEWEB)

McArthur, D.; Salaff, S.

1998-04-01

The recent formation of the Quebec Association for the Production of Renewable Energy (l`Association quebecoise de la production d`energie renouvelable - AQPER) was announced. The Association is becoming the centre of the Quebec private electricity generation industry. By communicating the industry`s message to the public the organization gives much needed visibility to renewable resources, new forms of energy and sustainable development. The new group is an outgrowth of the former Quebec Association of Private Hydroelectricity Producers. In its new reincarnation, the organization represents all forms of renewables, small and medium hydro, wind, solar, forest and agricultural biomass and urban waste. With deregulation of the electricity market, specifically the creation of the Regie de l`energie` in Quebec, the wider role is a welcome boost for renewable energy development in the province. In one of its first actions the AQPER recommended that all hydroelectric sites up to 50 MW be reserved for development exclusively by the private sector, in conformity with the Quebec energy policy announced in 1996.

Choices for A Brighter Future: Perspectives on Renewable Energy

Energy Technology Data Exchange (ETDEWEB)

NREL

1999-09-30

The report discusses the perspectives on the evolving U.S. electricity future, the renewable electric technology portfolio, the regional outlook, and the opportunities to move forward. Renewables are at a critical juncture as the domestic electricity marketplace moves toward an era of increased choice and greater diversity. The cost and performance of these technologies have improved dramatically over the past decade, yet their market penetration has stalled as the power industry grapples with the implications of the emerging competitive marketplace. Renewable energy technologies already contribute to the global energy mix and are ready to make an even greater contribution in the future. However, the renewables industry faces critical market uncertainties, both domestically and internationally, as policy commitments to renewables at both the federal and state levels are being reshaped to match the emerging competitive marketplace. The energy decisions that we make, or fail to make, today will have long-lasting implications. We can act now to ensure that renewable energy will play a major role in meeting the challenges of the evolving energy future. We have the power to choose.

Market analysis Fukushima. Renewable energy, energy efficiency and energy conservation in Fukushima prefecture

International Nuclear Information System (INIS)

2015-01-01

The use of renewable energy has experienced in Fukushima Prefecture in the years after the reactor accident in March 2011, a substantial upswing. In total 500 MW of renewable energy capacity have been installed. According to the plans of the prefecture this capacity should be increased in 2020 to a total of just over 8 gigawatts. As in the rest of the country parts also, the solar energy was primarily used; this accounted 295 MW alone. In future, the priorities but more are in the areas of wind energy and hydropower. [de

Market role, profitability and competitive features of thermal power plants in the Swedish future electricity market with high renewable integration

OpenAIRE

Llovera Bonmatí, Albert

2017-01-01

The Swedish energy market is currently undergoing a transition from fossil fuels to renewable energy sources, including a potential phase-out of nuclear power. The combination of a phase-out with expansion of intermittent renewable energy leads to the issue of increased fluctuations in electricity production. Energy-related organizations and institutions are projecting future Swedish energy scenarios with different possible transition pathways. In this study the market role of thermal power p...

Distribution of decentralized renewable energy resources

International Nuclear Information System (INIS)

Bal, J.L.; Benque, J.P.

1996-01-01

The existence of a great number of inhabitants without electricity, living in areas of low population density, with modest energy requirements and low income provides a major potential market for decentralized renewable energy sources. Ademe and EDF in 1993 made two agreements concerning the development of Renewable Energy Sources. The first aims at promoting their decentralized use in France in pertinent cases. The second agreement concerns other countries and has two ambitions: facilitate short-term developments and produce in the longer term a standardised proposal for decentralized energy production using Renewable Energy Sources to a considerable extent. These ideas are explained, and the principles behind the implementation of both Ademe-EDF agreements as well as their future prospects are described. (R.P.)

Flexibility as a market requirement - The adaptation of the structure and operations of electricity markets to the production of renewable energies

International Nuclear Information System (INIS)

Finon, Dominique

2014-12-01

Renewable energies are earmarked to take up a very significant share in the output of some of Europe's electricity Systems. The variability of their contribution makes the maintenance of the system's physical equilibrium a veritable challenge, once the share reaches a certain level. Apart from the necessary technical improvements, the transformation of the System first and foremost requires upgrading the way the different energy markets function

Energy and durable development: the place of the renewable energies; Energie et developpement durable: la place des energies renouvelables

Energy Technology Data Exchange (ETDEWEB)

NONE

2001-07-01

The 29 may 2000, took place at the UNESCO, a colloquium on the place of the renewable energies facing the economic development. This document presents the opening presentation of A. Antolini and L. Jospin and the colloquium papers and debates in the following four domains: the energy challenges of the durable development, the renewable energies sources facing the european directive, the thermal renewable energies (solar, geothermics and biomass) and the greenhouse effect, the world market of the renewable energies. (A.L.B.)

Western Region Renewable Energy Markets: Implications for the Bureau of Land Management

Energy Technology Data Exchange (ETDEWEB)

Haase, S.; Billman, L.; Gelman, R.

2012-01-01

The purpose of this analysis is to provide the U.S. Department of the Interior (DOI) and the Bureau of Land Management (BLM) with an overview of renewable energy (RE) generation markets, transmission planning efforts, and the ongoing role of the BLM RE projects in the electricity markets of the 11 states (Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming) that comprise the Western Electricity Coordinating Council (WECC) Region. This analysis focuses on the status of, and projections for, likely development of non-hydroelectric renewable electricity from solar (including photovoltaic [PV] and concentrating solar power [CSP]), wind, biomass and geothermal resources in these states. Absent new policy drivers and without the extension of the DOE loan guarantee program and Treasury's 1603 program, state RPS requirements are likely to remain a primary driver for new RE deployment in the western United States. Assuming no additional policy incentives are implemented, projected RE demand for the WECC states by 2020 is 134,000 GWh. Installed capacity to meet that demand will need to be within the range of 28,000-46,000 MW.

The marine renewable energies file

International Nuclear Information System (INIS)

2009-01-01

A set of articles addresses several aspects and issues related to the development of renewable marine energies: the objectives defined by the French government and the European Union in terms of share of renewable energies in energy consumption, some existing projects, the definition and assessment of the different renewable marine energies (offshore wind energy, sea thermal energy, sea current energy, sea tide energy, sea wave energy, marine biomass, osmotic energy), the need for a national strategy according to two researchers belonging to IFREMER, the implementation of the first offshore test platform by the Ecole Centrale de Nantes, the role of the ADEME (financial support, marketing studies, legislation, definition of a national programme), the recommendation by the European Commission of a large scale offshore wind energy development, the activities of EDF and Total in the field of marine energy, the problems faced by the first French offshore wind generator project, the actions undertaken in La Reunion in the field of sea thermal energy, and the opportunities in the use of micro-algae for hydrogen, bio-fuel or biogas production

New Developments on the Renewable Energy Sector in Austria

International Nuclear Information System (INIS)

Sedmidubsky, A.; Geisslhofer, A.

1998-01-01

Signing the Kyoto Protocol, Austria has taken on the commitment to reduce its emission of greenhouse gases by 10%. Besides the improvement of energy efficiency and energy savings, increasing the share of renewable energy is one of the most promising strategies to reduce present CO 2 emissions. One of the possibilities to strengthen market penetration of renewable energy is to introduce biomass pellets into the market. This presentation will show the present situation in Austria and the measures planned to be set to increase their utilisation. (author)

Syndicate of renewable energies - Highlights 2016

International Nuclear Information System (INIS)

2017-01-01

This publication first proposes a presentation of the SER (Syndicat des Energies Renouvelables, Syndicate of Renewable Energies), a professional body: missions, scope of action, members. It outlines its commitment in the French policy for energy transition as a major actor of the sector of renewable energies. It addresses the legal and regulatory framework as well as the economic framework and markets. It proposes brief presentations of transverse actions regarding power grids, overseas territories, the building sector and the international export. Some highlights related to ground-based wind power, renewable marine energies and offshore wind energy, solar photovoltaic energy, bio-energies (wood-fueled power plants for collective, tertiary and industrial sectors, biogas, biofuels and municipal wastes), domestic wood space heating, geothermal energy and hydroelectricity are mentioned. Actions in the field of communication are summarized, and projects for 2017 are briefly indicated

Introduction to Renewable Energy Systems

DEFF Research Database (Denmark)

Ma, Ke; Yang, Yongheng; Blaabjerg, Frede

2014-01-01

. It is concluded that as the quick development of renewable energy, wind power and PV power both show great potential to be largely integrated into the power grid. Power electronics is playing essential role in both of the systems to achieve more controllable, efficient, and reliable energy production......In this chapter, the state-of-the-arts developments of renewable energy are reviewed in respect to the installed power and market share, where wind power and photovoltaic power generation are the main focuses due to the fast growing speed and large share of installed capacity. Some basic principles...... of operation, mission profiles, as well as power electronics solutions and corresponding controls are discussed respectively in the case of wind power and photovoltaic power systems. Finally a few development trends for renewable energy conversions are also given from a power electronics point of view...

Fostering renewable energy markets in North America

Energy Technology Data Exchange (ETDEWEB)

Brown, Jeremy [North American Comission for Environmental Cooperation (CEC), (United States)

2007-06-15

This presentation describes projects, programs and other issues addressed in order to promote renewable energy markets in North America. These are carried out by the North American Commission for Environmental Cooperation (CEC). In the first part of this presentation, there are going to be found some of the rules imposed by the North American Agreement on Environmental Cooperation (NAAEC). Then, it is shown the structure of the CEC as well as its programs, besides, there are presented the environment projects and the objectives along with their respective trades. There are described both benefits environmental and non-environmental. Also, there are shown the issues which the CEC is working in. And finally, it is shown a list mentioning the aspects that would change if: the expansion of the Mexico's Federal Commission of Electricity (CFE), happens, the grid-interconnected and the self supply of Renewable Electricity increase. [Spanish] En esta presentacion se describen los proyectos, los programas y otras cuestiones, cuyo objetivo es impulsar los mercados de energia renovable en America del Norte, realizadas por la North American Commission for Environmental Cooperation. En la primera parte, se encuentran algunas de las reglas impuestas por el Acuerdo de Cooperacion Ambiental de America del Norte (ACAAN). Enseguida, se muestra la estructura y los programas de la Comision para la Cooperacion Ambiental (CCA). Asimismo, se describen los proyectos ambientales, los objetivos junto con sus correspondientes tratados. Mas adelante, se explican tanto los beneficios ambientales como aquellos que no lo son. Igualmente, explican las cuestiones que podrian cambiar de: suceder la expansion de la Comision Federal de Electricidad (CFE), incrementarse el auto- suministro de la energia renovable y los sistemas interconectados.

Subsidies for renewable energy?

International Nuclear Information System (INIS)

Skytte, K.; Grenaa Jensen, S.; Morthorst, P.E.; Olsen, O.J.

2004-01-01

Ambitious Danish and European energy and environment objectives make a point of using renewable energy sources in the electricity supply. Denmark has been leading country in successful development and commercialization of wind turbines and is as yet one of the leading manufacturers of the world. Danish governments have successfully invested a lot in this development. Other countries have spent more money without achieving a similar success. The questions are why things have gone so well in Denmark and if the Danish success can be repeated for other renewable energy technologies. The starting point of this book is that a political decision on subsidizing the developmental process of a specific technology not in itself guarantees that the technology will turn out reliable and efficient enough to compete successfully in a liberalized electricity market. An understanding of this development is necessary in order to affect a technological development. This book goes through the development of different renewable energy technologies and two theories used for discussing the technological development: experience curves and innovation theory. Based on the discussions and a description of causal relations, an analytical model for different phases of renewable energy technologies' developmental progress and technological life cycle is made. The model is used for evaluating the subsidies for chosen renewable technologies in Denmark. With wind energy as example an analysis of what went well or badly, what might be done and which actions might be efficient is made. (BA)

Allocating subsidies to R&D or to market applications of renewable energy? Balance and geographical relevance

NARCIS (Netherlands)

Koseoglu, N.M.; van den Bergh, J.C.J.M.; Subtil Lacarda, J.

2013-01-01

This paper discusses a basic problem in innovation studies, namely the allocation of scarce funds for governmental subsidies to market and R&D support, with the aim to effectively promote a transition from fossil fuels to renewable energy technologies. Although various ideas on this exist, a general

Renewable energies and the poor: niche or nexus?

International Nuclear Information System (INIS)

Bhattacharyya, Subhes C.

2006-01-01

Renewable energies are considered as an essential element of any strategy for sustainable energy development. The poor in the developing world without access to modern energies are regarded as a major market for renewable energies. This short paper attempts to analyse whether such a niche is backed by any economic logic and whether renewable energy and the poor nexus could be a strategy for success. The paper suggests that contrary to the common belief, the economic logic behind the niche is unsound and that the nexus is not a recipe for success

Quota regime for renewable energy sources and Green Labels trading in the electricity market of the Netherlands

International Nuclear Information System (INIS)

Drillisch, J.

1998-01-01

The renewables quota regime combined with a ''green electricity'' labelling and trading system, implemented by the Dutch association of distribution undertakings, is the first of its kind in Europe. The distribution undertakings are bound by a commitment to take and distribute ''green label'' electricity from renewables amounting to approx. 3% of their total sales to contractual customers. This is a modest percentage, but the quota regime already proved to be a promoter of close-to-the-market generation technologies. It would be too early now to make a final statement on the quota regime's influence on enhanced use of renewable energy sources. Practice so far also revealed the need for some modifications in the design of the pricing system for''green electricity''. Current debates consider integration of renewable energy sources abroad. The first accounting date for giving evidence of compliance with the commitment to green label quotas is late in the year 2000. This will be the test for the system and the efficiency of sanctions provided for in case of non-compliance. It will be a task of the future to examine whether it might be appropriate to establish a similar system for the heat market. (RHM/CB) [de

China's renewable energy policy: Commitments and challenges

International Nuclear Information System (INIS)

Wang Feng; Yin Haitao; Li Shoude

2010-01-01

The passing of the Renewable Energy Law (REL) in 2005 demonstrated China's commitment to renewable energy development. In the 3 years after the REL, China's renewable electricity capacity grew rapidly. From 2006 to 2008, China's wind capacity installation more than doubled every year for 3 years in a row. However, three facts prevent us from being optimistic about China's renewable electricity future. First, considered as a share of total capacity, renewable electricity capacity is decreasing instead of increasing. This is due simply to the rapid growth of fossil fuel capacity. Second, a significant amount of renewable generation capacity is wasted because it is not connected to the electricity grid. Finally, renewable electricity plants are running at a low level of efficiency. Based on an in-depth analysis of China's existing renewable energy policy, we suggest that these challenges should be dealt with by introducing a market-based mandatory renewable portfolio requirement coupled with strong regulatory monitoring of grid enterprises.

Renewable energy and power cooperation between China and six Latin American nations

Science.gov (United States)

Xie, Yuetao; Yan, Bingzhong; Zhou, Shichun

2018-02-01

China has been entitled the biggest supplier and largest market of renewable energy for the past few years. With One Belt and One Road initiative carrying on, the China’s renewable energy industry is looking for opportunities across the world. Latin America, which has rich renewable energy resources and urge demand for a cleaner and more sustainable energy system, may become an important target market for China. The prospect and potential of renewable energy cooperation between China and Latin America are promising. In this paper, six Latin American nations of varied background were selected as study cases. Their nation profile, energy resources, power market, and energy development trends were analysed, and the cooperation prospect and potential between these nations and China in renewable energy sector were discussed. The results indicate that Argentina and Bolivia are most potential cooperation partners, and project development and equipment manufacturing of non-hydro renewable energy, along with power grid upgrading are the prioritized areas. In addition, recommendations and solutions addressing the issues and challenges incurred in the current bilateral energy cooperation between China and Latin American nations were proposed.

Made with Renewable Energy: How and Why Companies are Labeling Consumer Products

Energy Technology Data Exchange (ETDEWEB)

Baker Brannan, D.; Heeter, J.; Bird, L.

2012-03-01

Green marketing--a marketing strategy highlighting the environmental attributes of a product, often through the use of labels or logos--dates back to the 1970s. It did not proliferate until the 1990s, however, when extensive market research identified a rapidly growing group of consumers with a heightened concern for the environment. This group expressed not only a preference for green products but also a willingness to pay a premium for such products. The response was a surge in green marketing that lasted through the early 1990s. This report discusses the experience of companies that communicate to consumers that their products are 'made with renewable energy.' For this report, representatives from 20 companies were interviewed and asked to discuss their experiences marketing products produced using renewable energy. The first half of this report provides an overview of the type of companies that have labeled products or advertised them as being made with renewable energy. It also highlights the avenues companies use to describe their use of renewable energy. The second half of the report focuses on the motivations for making on-product claims about the use of renewable energy and the challenges in doing so.

White paper on renewable energies. Choices to found our future. The contribution of renewable energy syndicate to the debate related to the energy policy

International Nuclear Information System (INIS)

Bal, J.L.

2012-02-01

In this document the Renewable Energy Syndicate proposes a road map to boost the French industrial dynamics and meet the challenges of world energy transition. The authors outline the strong growth of the renewable energy market despite the crisis context, and that France can be in the pace. They propose a road map for the 2020-2030 period, and highlight the need to build up a strategy. In a second part, twelve propositions are made to boost the ground-based wind energy, to develop offshore wind and marine energy, to rebuild the photovoltaic sector, to take advantage of hydroelectricity assets, to extent the development of renewable heat (biomass, geothermal, thermal solar energy), to place renewable energies at the heart of the building and struggle against fuel poverty, to create new industrial sectors, to exploit all biomass energy potentials, to facilitate the input of renewable energies on electric grids, to reach energy autonomy in ultramarine areas, to consolidate the renewable energy industry, and to aim at an international development

Flexibility as a market requirement - The adaptation of the structure and operations of electricity markets to the production of renewable energies

International Nuclear Information System (INIS)

Finon, Dominique

2014-01-01

Renewable energies are earmarked to take up a very significant share in the output of some of Europe's electricity Systems. The variability of their contribution makes the maintenance of the system's physical equilibrium a veritable challenge, once the share reaches a certain level. Apart from the necessary technical improvements, the transformation of the System first and foremost requires upgrading the way the different energy markets function. (author)

Factors of impact on the evolution of electricity markets from renewable energy sources: a comparison between Romania and Germany

Directory of Open Access Journals (Sweden)

Clodnițchi Roxana

2015-06-01

Full Text Available When talking about the future of Europe we also think about alternative energy sources. It is up to national governments to decide how to encourage investments in this field in order to contribute to the 20-20-20 EU-objective. Until the network delivery cost for electricity produced from renewable sources will be comparable to the cost for energy from traditional sources ("grid parity", the development of businesses and markets for electricity from renewable sources is going to be driven by support schemes. The state of the grids and the facility of grid-access constitute another two key factors influencing the development of this sector. Last but not least, the question of policy consistency is raised within the business community. Over the past years some support schemes have proved to be more effective than others, and grid conditions have also evolved. Policies supporting the development of renewables also changed at EU-level and at national levels. Based on statistics, scientific literature and the feedback of the business community, this study aims to analyse the development of renewable energy sectors in the European Union by comparing Germany’s and Romania’s experience. Also this study describes the current and expected future market situation in these countries relying on data gained from questionnaires and interviews with specialists in the renewable field.

Analysis of potential for market penetration of renewable energy technologies in peripheral islands

International Nuclear Information System (INIS)

Monteiro Alves, L.M.; Lopes Costa, A.; Graca Carvalho, M.

2000-01-01

Cape Verde Islands have important energy and water problems that limit their social and economic development. A field study will be performed focused on Cape Verde Islands to describe the present and future regional power market and to give a clear indication of the best strategies for the optimization of the power energy supply mix in Cape Verde Islands. The study will take into consideration renewable energy technologies and the concerned social, economic and environmental aspects of a given set of possible strategies. One case study will be considered in detail: the situation of the Santo Antao Island. Different energy technologies will be considered: solar, wind, geothermal and biomass. The present structure of the energy sector (capacity, distribution); energy demand, supply and trend; generating plants and infrastructures of Santo Antao will be described. (author)

Renewable energies in France. New financing modes and challenges for French actors

International Nuclear Information System (INIS)

2014-11-01

This document comprises three reports and a video. The first report is an executive summary which focuses on the main factors of evolution of the activity in the field of renewable energies, and stresses factors of change and their strategic consequences. The second report proposes a strategic analysis which addresses key challenges and problematic of the sector, analyses the evolution of competition, deciphers the strategies of the main operators, and tries to identify the best performing business models. It proposes an overview of the situation of the French market of renewable energies (hydraulic, wind, solar photovoltaic, solar thermal, biomass including biogas, waste combustion, geothermal and heat pumps), a precise description of renewable energy financing modes (notably four models: capital-investment, green bonds, institutional financing, participative financing), an analysis of opportunities for the different French renewable energy sectors on the medium term, and an identification of actors with an analysis of their market positioning. The third report proposes data which provide a comprehensive and structured overview of the market, of its dynamics and of operators. It presents the market environment (energy policy, energy assessment, housing fleet, GDP, other environmental factors), the French market of renewable energies (final consumption, primary production, turnover of 5 component suppliers and of 5 operators, renewable heat production and consumption, renewable electric power production and consumption), and the competitive environment (economic structure, overview of main manufacturers, exploiters and operators in France) with a more detailed presentation of 18 manufacturers, owners and operators). The video proposes a presentation of operational conclusions of this study

Financing renewable energy infrastructure: Formulation, pricing and impact of a carbon revenue bond

International Nuclear Information System (INIS)

Tang, Amy; Chiara, Nicola; Taylor, John E.

2012-01-01

Renewable energy systems depend on large financial incentives to compete with conventional generation methods. Market-based incentives, including state-level REC markets and international carbon markets have been proposed as solutions to increase renewable energy investment. In this paper we introduce and formulate a carbon revenue bond, a financing tool to complement environmental credit markets to encourage renewable energy investment. To illustrate its use, we value the bond by predicting future revenue using stochastic processes after analyzing historical price data. Three illustrative examples are presented for renewable energy development in three different markets: Europe, Australia and New Jersey. Our findings reveal that the sale of a carbon revenue bond with a ten year maturity can finance a significant portion of a project's initial cost. - Highlights: ► Current financial incentives for renewable energy in the US are inadequate. ► We introduce and structure a “carbon revenue bond” as an innovative financing tool. ► Stochastic models of environmental credit prices are used to illustrate bond pricing. ► Three examples illustrate revenue bond impact on initial cost of infrastructure.

Interactions of Policies for Renewable Energy and Climate

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

This paper explores the relationships between climate policy and renewable energy policy instruments. It shows that, even where CO2 emissions are duly priced, specific incentives for supporting the early deployment of renewable energy technologies are justified by the steep learning curves of nascent technologies. This early investment reduces costs in the longer term and makes renewable energy affordable when it needs to be deployed on a very large scale to fully contribute to climate change mitigation and energy security. The paper also reveals other noteworthy interaction effects of climate policy and renewable policy instruments on the wholesale electricity prices in deregulated markets, which open new areas for future research.

Contribution of the syndicate for renewable energies to the Government Climate Plan - Paris, June 2017. Position note of the syndicate for renewable energies on the clean energy package - Paris, 22 June 2017

International Nuclear Information System (INIS)

2017-06-01

After a synthetic presentation of proposals (to increase the 27 per cent European objective for renewable energies to 35 pc at 2030, to emit a stronger price signal on the ETS European market, to give up the principle of technological neutrality bidding, to maintain a strong ambition for biofuels, and consolidation of actions aiming at increasing the share of renewable energies in the heat and cold production sectors), this report discusses various aspects of the recast of the European directive for the promotion of renewable energies: recall of European objectives for renewable energies, aspects related to renewable gas, to renewable cold, and to recovery heat and cold, aspects related to the support to renewable energies, aspects related to an opening of support mechanisms to other member States, aspects related to authorization procedures, aspects related to guarantees of origin, aspects related to self-consumption and communities of renewable energy, aspects related to integration of heat and cold renewable energies, aspects related to heat and cold networks (notably connection issues), aspects related to the development of renewable energies in transports, aspects related to sustainability and to greenhouse gases. The last part discusses the recast of the regulation and of the directive on the electricity domestic market, and more particularly arrangements related to renewable energies, and to storage and flexibility

A quadratic helix approach to evaluate the Turkish renewable energies

International Nuclear Information System (INIS)

Celiktas, Melih Soner; Kocar, Gunnur

2009-01-01

The first renewable energy law concerning the 'Use of Renewable Energy Resources for the Generation of Electrical Energy' was adopted from European Union regulations on 18 May 2005 in Turkey. The purpose of the Law is to expand the utilization of renewable energy resources for generating electricity. Renewables are defined in the Law as generation facilities based on wind, solar, geothermal, biomass, biogas, wave, current and tidal energy resources, hydrogen energy and hydroelectric generation facilities. The aim of the study was to use strengths, weaknesses, opportunities and threats (SWOT) analysis to identify Turkish renewable energy market strategy and perspective by focusing on four different concepts: policy, market, technology and the social dimension. Different information gathering strategies have been applied such as monitoring of all statements and press releases published in the newspapers by all Turkish renewable energy parties starting from the launch of the law, articles presented in the events between 2000 and 2008 and face-to-face interviews. Our results demonstrated the importance of technology development and knowledge creation for gaining competitiveness on the global arena and the need for a systematic approach for transforming the created know-how into economic and social benefits. (author)

Renewable energy support in Germany: Surcharge development and the impact of a decentralized capacity mechanism

OpenAIRE

Traber, Thure; Kemfert, Claudia

2015-01-01

The German support for renewable energies in the electricity sector is based on the feed-in tariff for investors that grants guaranteed revenues for their renewable energy supply. Corresponding to differences of granted tariffs and respective market values, a surcharge on consumption covers differential costs. While granted tariffs are bound to fall with advances in renewable energy technologies, the market design and the flexibility of the system influence the expected market values of renew...

Global revolution: a status report on renewable energy worldwide

International Nuclear Information System (INIS)

Martinot, Eric

2005-01-01

With at least 48 countries around the world having some type of renewable energy promotion policy, and increasingly favourable economics, renewables are seeing strong growth and increasing significance. In 2004, global investment in renewables reached US$30 billion. More than 1.7 million people are directly employed by the industry and the 180 GW of installed renewables represents 4% of global capacity. The author discusses the state of renewables in 2005, based on the Just-released 'Renewables 2005 Global Status Report' which was sponsored by the REN21 Renewable Energy Policy Network and involved over 100 collaborators, under the headings: investment trends; industry and market trends; policies to promote renewable energy. (UK)

Hybrid renewable energy support policy in the power sector: The contracts for difference and capacity market case study

International Nuclear Information System (INIS)

Onifade, Temitope Tunbi

2016-01-01

The article employs qualitative methods in contextualizing and conceptualizing the hybrid renewable energy support policy. It claims that hybrid policies may combine distinct mechanisms to drive desirable objectives better than traditional policies. A policy cycle helps to frame the United Kingdom's Contracts for Difference and Capacity Market (CFD & CM) scheme as a case study. The CFD & CM policy emerged to address environmental and energy challenges through the deployment of renewable energy (RE) in a low-carbon economy, employing liberalization: Environmental protection is foremost in this scheme. The policy combines and improves on the elements of feed-in tariff (FIT) and quota obligation (QO), and strives to solve the problems of these traditional policies. It addresses regulatory uncertainty under FIT by employing private law mechanics to guarantee above-loss reward for low carbon generation, and addresses market uncertainty under QO by incentivizing the capacity to supply future low carbon energy based on projected demand, hence creating a predictable and stable market. It also accommodates other important commitments. Overall, the CFD & CM scheme is a hybrid policy that engages the energy market mainly for advancing the end goal of environmental protection. To thrive however, it needs to meet private sector interests substantially. - Highlights: •The hybrid support policy combines traditional support systems. •Hybrid policies may drive objectives better than traditional policies. •The UK's contract for difference and capacity market system is a hybrid policy. •Environmental protection is foremost in the UK's hybrid policy. •To thrive, the UK's hybrid policy should address private sector interests.

Implementation by Albania of the Acquis Communautaire on Renewable Energy, and Environment with Focus to the Energy Community

Energy Technology Data Exchange (ETDEWEB)

Dervishi, Dael

2010-09-15

The Energy Community aims at establishing a common regulatory framework for energy markets in contracting parties by extending the acquis communautaire of the European Union to the territories of participating countries. The Albanian Government is drafting the Law on Renewable Energy Sources. The purpose of the law is to promote a greater contribution of renewable sources of energy to the production of electricity in the domestic energy market. In this paper, I describe the policy mechanisms and the market conditions mandated by the EU directive aimed at liberalizing the electric energy market.

Recognising the potential for renewable energy heating and cooling

International Nuclear Information System (INIS)

Seyboth, Kristin; Beurskens, Luuk; Langniss, Ole; Sims, Ralph E.H.

2008-01-01

Heating and cooling in the industrial, commercial, and domestic sectors constitute around 40-50% of total global final energy demand. A wide range of renewable energy heating and cooling (REHC) technologies exists but they are presently only used to meet around 2-3% of total world demand (excluding from traditional biomass). Several of these technologies are mature, their markets are growing, and their costs relative to conventional heating and cooling systems continue to decline. However, in most countries, policies developed to encourage the wider deployment of renewable electricity generation, transport biofuels and energy efficiency have over-shadowed policies aimed at REHC technology deployment. This paper, based on the findings of the International Energy Agency publication Renewables for Heating and Cooling-Untapped Potential, outlines the present and future markets and compares the costs of providing heating and cooling services from solar, geothermal and biomass resources. It analyses current policies and experiences and makes recommendations to support enhanced market deployment of REHC technologies to provide greater energy supply security and climate change mitigation. If policies as successfully implemented by the leading countries were to be replicated elsewhere (possibly after modification to better suit local conditions), there would be good potential to significantly increase the share of renewable energy in providing heating and cooling services

75 FR 29706 - Notice of Funding Availability (NOFA) for Energy Audits and Renewable Energy Development...

Science.gov (United States)

2010-05-27

...) Identified need; (D) Target audience; (E) Timeline and type of activities/action plan; and (F) Marketing... is required; (ix) Outreach activities/marketing efforts specific to conducting energy audit and... marketing of the energy audit and renewable energy development assistance activities, including associated...

Risk-based assessment of the cost-efficiency and the effectivity of renewable energy support schemes: Certificate markets versus feed-in tariffs

International Nuclear Information System (INIS)

Fagiani, Riccardo; Barquín, Julián; Hakvoort, Rudi

2013-01-01

The introduction of renewable energy sources in the electricity generation mix has the potential to reduce power sector's emissions and countries' dependence on imported oil. Climate change concerns and highly volatile oil prices have attracted governments' interest and support to sustain investments in renewable energy capacity, and different support policies have been implemented in many countries around the world. This paper analyzes the effects of investors' risk aversion on the performance of support schemes. The analysis compares two policy options, a feed-in tariff mechanism with a certificate market system. Results show that while a tariff mechanism could obtain better results than a certificate market, its performance is strictly dependent on regulator choices. A certificate market instead, permits to obtain the desired level of renewable energy market share with good cost-efficiency as long as investors' risk aversion is moderate. Moreover, discounting future cash flows with higher social discount rates further benefits a certificate system making it preferable to feed-in tariffs. - Highlights: ► Paper analyzes the performance of feed-in tariffs and certificate markets. ► Model simulates the evolution of a power system considering investors' risk aversion. ► Tariffs could obtain better efficiency but also low effectiveness or over-investment. ► Barriers to entrance could result in higher certificates prices. ► Certificate performances benefit from higher social discount rates

Renewable energy sources. European Commission papers; Energies renouvelables. Documents de la Commission Europeenne

Energy Technology Data Exchange (ETDEWEB)

NONE

1997-05-01

The ''Directive on the Promotion of Electricity from Renewable Sources of Energy in the Internal Electricity Market'' was adopted in September 2001. Its purpose is to promote an increase in the contribution of renewable energy sources to electricity production in the internal market for electricity and to create a basis for a future Community framework. Energie-Cites provides in this document a summary of its opinion on the Green Paper and on Alterner II and gives a proposal for an Action Plan concerning the White Paper. (A.L.B.)

Assessment of renewable energy potential. Calculation model “AREP-LP”

International Nuclear Information System (INIS)

Penchev, Alexander

2011-01-01

Introduction Bulgaria is a country rich in renewable energy sources. There are all types of RES including: solar, geothermal, biomass, wind energy and hydropower. Per capita it ranks among the top in Europe. Bulgaria's target for 2020 is 16% of final consumption of electricity should be from renewable energy. To achieve this goal, the first and most important task is assessing the potential of renewable energy and its geographical distribution. Creating a database of renewable energy is essential for implementation of investment projects in this area. Key words: Renewable Energy (RES), Renewable Technologies (RET), Theoretical Potential, Technical Potential, Municipalities, Regions, Energy Planning(EP), Emission Reduction (EmR), Market Assessment (MA), Data base(DB)

Political economy of renewable energy policy in Germany. A consideration of the policy making process in the electricity market under the influence of interest groups

International Nuclear Information System (INIS)

Mueller, Tom

2015-01-01

In the research, it is argued that the targeted promotion of renewables leads to a change in the technological path dependency on the electricity market or led. The historically market depending portfolio of products in the conventional power industry will be replaced by an increasingly strong dependence on the product portfolio of Renewable Energy Sector according to this argumentation. The present work is devoted to the political explanation of the change and transition process in the electricity market. The process of policy formation in this market (especially support policies for renewable energies) will be discussed. It is examined from a public choice perspective, which political actors and instances in the past were responsible for the development and maintenance of individual policy elements. In particular, in this analysis the different private sector stakeholders in the electricity market move to center of attention. [de

Renewables and exports: how Export Credit Agencies could help develop markets

International Nuclear Information System (INIS)

Volpi, G.; Salter, L.

2002-01-01

Future export markets for renewable energies have enormous potential, yet business-as-usual investment trends will not achieve that potential, write Giulio Volpi and Liam Salter. They examine the role that Export Credit Agencies - which have provided essential support for exports in the conventional energy business - could play in aiding the renewables sector, characterized as it is by small- and medium-sized enterprises. This new role will require certain reforms - but without those reforms the Export Credit Agencies will simply not be providing relevant services to new technologies and new market players. (author)

Renewable energy for sustainable development and environment

Energy Technology Data Exchange (ETDEWEB)

Omer, Abdeen

2010-09-15

The increased availability of reliable and efficient energy services stimulates new development alternatives. This article discusses the potential for such integrated systems in the stationary and portable power market in response to the critical need for a cleaner energy technology. Throughout the theme several issues relating to renewable energies, environment and sustainable development are examined from both current and future perspectives. It is concluded that renewable environmentally friendly energy must be encouraged, promoted, implemented and demonstrated by full-scale plan especially for use in remote rural areas.

Innovation, renewable energy, and state investment: Case studies of leading clean energy funds

Energy Technology Data Exchange (ETDEWEB)

Wiser, Ryan; Bolinger, Mark; Milford, Lewis; Porter, Kevin; Clark, Roger

2002-09-01

Over the last several years, many U.S. states have established clean energy funds to help support the growth of renewable energy markets. Most often funded by system-benefits charges (SBC), the 15 states that have established such funds are slated to collect nearly $3.5 billion from 1998 to 2012 for renewable energy investments. These clean energy funds are expected to have a sizable impact on the energy future of the states in which the funds are being collected and used. For many of the organizations tapped to administer these funds, however, this is a relatively new role that presents the challenge of using public funds in the most effective and innovative fashion possible. Fortunately, each state is not alone in its efforts; many other U.S. states and a number of countries are undertaking similar efforts. Early lessons are beginning to be learned by clean energy funds about how to effectively target public funds towards creating and building renewable energy markets. A number of innovative programs have already been developed that show significant leadership by U.S. states in supporting renewable energy. It is important that clean energy fund administrators learn from this emerging experience.

Renewable energy sources, subsidised indefinitely?; Erneuerbare Energien. Ein ewiger Subventionstatbestand?

Energy Technology Data Exchange (ETDEWEB)

Muehlhaeuser, Kurt; Roth, Hans [Stadtwerke Muenchen GmbH, Muenchen (Germany)

2012-08-15

The German Renewables Act, EEG, specified a guaranteed reimbursement rate for electric power from renewable energy sources. Normally, the reimbursement rate is far higher than the market value of the power generated and thus makes the plant economically interesting for its owner. It remains to be seen if the renewable energy sources with the biggest potential, i.e. wind power and solar power, will have to be subsidized indefinitely, or whether they can find their place in the electricity market also without the EEG and other funding mechanisms.

RE-Shaping. Shaping an effective and efficient European renewable energy market. D23 Final Report

Energy Technology Data Exchange (ETDEWEB)

Rathmann, M.; Klessmann, C.; Nabe, C.; De Jager, D.; De Lovinfosse, I. [Ecofys, Utrecht (Netherlands); Ragwitz, M.; Steinhilber, S.; Breitschopf, B. [Fraunhofer Institute for Systems and Innovation Research ISI, Karlsruhe (Germany); Burgers, J.; Boots, M. [KEMA, Arnhem (Netherlands); Weoeres, B. [EnergoBanking, Budapest (Hungary); Resch, G.; Panzer, C.; Ortner, A.; Busch, S. [Vienna University of Technology, Institute of Energy Systems and Electric Drives, Energy Economics Group EEG, Vienna (Austria); Neuhoff, K.; Boyd, R. [Climate Policy Initiative, German Institute for Economic Research (DIW Berlin), Berlin (Germany); Junginger, M.; Hoefnagels, R. [Utrecht University, Utrecht (Netherlands); Cusumano, N.; Lorenzoni, A. [Bocconi University, Milan (Italy); Konstantinaviciute, I. [Lithuanian Energy Institute LEI, Kaunas (Lithuania)

2012-02-15

The core objective of the RE-Shaping project is to assist Member State governments in preparing for the implementation of Directive 2009/28/EC (on the promotion of the use of energy from renewable sources) and to guide a European policy for RES (renewable energy sources) in the mid- to long term. The past and present success of policies for renewable energies will be evaluated and recommendations derived to improve future RES support schemes. The core content of this collaborative research activity comprises: Developing a comprehensive policy background for RES support instruments; Providing the European Commission and Member States with scientifically based and statistically robust indicators to measure the success of currently implemented RES policies; Proposing innovative financing schemes for lower costs and better capital availability in RES financing; Initiation of National Policy Processes which attempt to stimulate debate and offer key stakeholders a meeting place to set and implement RES targets as well as options to improve the national policies fostering RES market penetration; Assessing options to coordinate or even gradually harmonize national RES policy approaches. This report marks the end of the research project RE-Shaping and summarizes its research activities, results, and recommendations.

RE-Shaping. Shaping an effective and efficient European renewable energy market. D20 Report. Consistency with other EU policies, System and Market integration. A Smart Power Market at the Centre of a Smart Grid

Energy Technology Data Exchange (ETDEWEB)

Neuhoff, K.; Boyd, R.; Grau, T. [Climate Policy Initiative, German Institute for Economic Research (DIW Berlin), Berlin (Germany); Hobbs, B.; Newbery, D. [Electricity Policy Research Group, University of Cambridge, Cambridge (United Kingdom); Borggrefe, F. [University of Cologne, Cologne (Germany); Barquin, J.; Echavarren, F. [Universidad Pontificia Comillas, Madrid (Spain); Bialek, J.; Dent, C. [Durham University, Durham (United Kingdom); Con Hirschhausen, C. [Technical University of Berlin, Berlin (Germany); Kunz, F.; Weigt, H. [Technical University of Dresden, Dresden (Germany); Nabe, C.; Papaefthymiou, G. [Ecofys Germany, Berlin (Germany); Weber, C. [Duisberg-Essen University, Duisburg-Essen (Germany)

2011-10-15

The core objective of the RE-Shaping project is to assist Member State governments in preparing for the implementation of Directive 2009/28/EC (on the promotion of the use of energy from renewable sources) and to guide a European policy for RES (renewable energy sources) in the mid- to long term. The past and present success of policies for renewable energies will be evaluated and recommendations derived to improve future RES support schemes. The core content of this collaborative research activity comprises: Developing a comprehensive policy background for RES support instruments; Providing the European Commission and Member States with scientifically based and statistically robust indicators to measure the success of currently implemented RES policies; Proposing innovative financing schemes for lower costs and better capital availability in RES financing; Initiation of National Policy Processes which attempt to stimulate debate and offer key stakeholders a meeting place to set and implement RES targets as well as options to improve the national policies fostering RES market penetration; Assessing options to coordinate or even gradually harmonize national RES policy approaches. In the EU, at least 200 gigawatts (GWs) of new and additional renewable electricity sources may be needed by 2020. The aim of this report is to analyse whether the current electricity market and system design is consistent with such an ambitious target. Using an international comparison, we identify opportunities to improve the power market design currently in place across EU countries so as to support the large scale integration of renewable energy sources.

European schemes for promoting renewables in liberalised markets

International Nuclear Information System (INIS)

Meyer, Niels I.

2003-01-01

The paper describes possibilities and problems for penetration of supply systems based on renewable energy sources in liberalised markets. The analysis is based on recent development in EU with different models for support of installations based on renewable energy. These include feed-in models with guaranteed minimum tariffs, tender models for different bands of technologies, and green certificates trading models with obligatory consumer quota. The paper describes the market situation in selected European countries, including Germany, the UK, Holland and Denmark. An EU directive from September 2001 has postponed the decision on a possible harmonisation of promotional models until at least 2005 in order to obtain more practical experience with the different support schemes. A critical evaluation is given in this paper of the different models with proposals for a balanced development between environmental and trading concerns. It is argued that too much emphasis is presently given to the side of free trade at the expense of long range planning for a sustainable energy development

The duties of public service in relation to cogeneration and renewable energy sources

International Nuclear Information System (INIS)

Suzzoni, P.

2004-01-01

In France, the costs of programs for cogeneration and renewable energy are ultimately paid by consumers via mechanisms based on bids, the obligation to purchase at a guaranteed price, and an evaluation made by the energy regulation Commission. The emission permit (or green certificate) guaranties that the amount of electricity delivered by the producer to the distribution network comes from renewable primary energy sources. A special market devoted to emission permits could be set independently from that of electricity, this market would allow electricity producers to reach a minimal ratio of electricity issued from renewable energy sources. The suggestion made is to test in France marketed emission permits before creating a European market

Renewable energies and energy choices. Summary of the colloquium; Energies renouvelables et choix energetiques. Compte rendu du colloque

Energy Technology Data Exchange (ETDEWEB)

NONE

2003-05-01

This document is an executive summary of the colloquium organized by the French syndicate of renewable energies (SER) which took place at the Maison de l'UNESCO in Paris during the national debate on energies organized by the French government in spring 2003. The colloquium was organized around 6 round tables dealing with: the world perspectives and the environmental context of the contribution of renewable energies to the sustainable development (respect of Kyoto protocol commitments, contribution to the security of energy supplies, lack of large scale program of development of decentralized power generation in developing countries, lack of market tools linked with CO{sub 2} emissions, improvement of competitiveness); development of renewable energies in Europe (promotion and sustain in all European countries, obligation of supply and purchase, pricing regulation, European harmonization of practices); renewable electricity and its place in the new orientation law about energies (tariff/pluri-annual investment planing, administrative authorizations, connections to the grid, calls for offer, costs of the photovoltaic solar energy); contribution of renewable energies in the transportation sector (bio-fuels, low taxes, ethanol fuel cells, vegetal chemistry); renewable heat and integration of renewable energy sources in buildings (intelligent architecture, promotion, quality labels and standards, lack of CO{sub 2} penalties linked with fossil fuels, tax reduction for solar and wood fuel appliances, acknowledgment of geothermal heat pumps as renewable energy source); and the presentation of the first proposals for the future orientation law (balance between nuclear and renewable energy sources, integration in the local environment, competitiveness, use of market mechanisms, R and D etc.). (J.S.)