Il costo dell'elettricitŕ prodotta da fonti rinnovabili in Italia: una stima dei costi delle "inefficenze" del sistema

2009 ◽  
pp. 57-77
Author(s):  
Arturo Lorenzoni ◽  
Laura Bano
Keyword(s):  
Renewable Energy ◽  
Energy Supply ◽  
Fossil Fuels ◽  
Cost Of Capital ◽  
Renewable Energy Sources ◽  
Primary Energy ◽  
Energy Sources ◽  
Electricity Cost ◽  
Generation Costs ◽  
The Eu

- The promotion of electricity from renewable energy sources (RES) is a high European Union (EU) priority for several reasons, including the security and diversification of energy supply, environmental protection and social and economic cohesion. The EU Council's decision of 9 March 2007 points towards increasing renewable penetration to 20% of total primary energy supply by 2020 (binding target). There are both costs and benefits associated with the achievement of such an ambitious target. For renewable technologies, the industrial cost is often higher compared to other energy sources. however, due to learning curve effects and market diffusion, technology related costs are coming down considerably. In some cases, when the external costs are taken into account by the price system, renewables can now be close to competitive with fossil fuels. With particular reference to renewable electricity in Italy, its development is often hampered by burdensome and time consuming authorisation procedures with the consequence of a high "mortality" rate for the investments in the sector, leading to increased costs for the project management. Therefore, in these projects an important cost factor is the high cost of capital due to risk. The analysis of the various renewables' support mechanisms currently in place in the EU shows that some types of incentive have proven to be more efficient than others in reducing the risk perception of investors and financing institutions, therefore making projects less expensive by reducing the cost of capital (both debt and equity). Therefore the focus here is on the electricity generation costs of some renewable technologies and on the costs related to the "additional" risk perceived by investors/lenders in the sector. The authors estimate the additional cost of capital which investors pay when operating in a risky environment. Some policy indications are finally given to reduce the non-technology related costs for a faster and more efficient growth of the sector. JEL Class. L98, Q28, Q48 Key words: renewable energy, electricity cost, administrative procedures, system inefficiency

scholarly journals The Economics of Renewable Energy Sources into Electricity Generation in Tanzania

2016 ◽  
Vol 2016 ◽  
pp. 1-8 ◽  
Author(s):  
Baraka Kichonge ◽  
Iddi S. N. Mkilaha ◽  
Geoffrey R. John ◽  
Sameer Hameer
Keyword(s):  
Renewable Energy ◽  
Energy Supply ◽  
Electricity Generation ◽  
Power Plants ◽  
Renewable Energy Sources ◽  
Primary Energy ◽  
Energy Sources ◽  
Renewable Energy Technologies ◽  
Energy Technologies ◽  
Primary Energy Supply

The study analyzes the economics of renewable energy sources into electricity generation in Tanzania. Business as usual (BAU) scenario and renewable energy (RE) scenario which enforce a mandatory penetration of renewable energy sources shares into electricity generations were analyzed. The results show total investment cost for the BAU scenario is much lower as compared to RE scenario while operating and maintenance variable costs are higher in BAU scenario. Primary energy supply in BAU scenario is higher tied with less investment costs as compared to RE scenario. Furthermore, the share of renewable energy sources in BAU scenario is insignificant as compared to RE scenario due to mandatory penetration policy imposed. Analysis concludes that there are much higher investments costs in RE scenario accompanied with less operating and variable costs and lower primary energy supply. Sensitivity analysis carried out suggests that regardless of changes in investments cost of coal and CCGT power plants, the penetration of renewable energy technologies was still insignificant. Notwithstanding the weaknesses of renewable energy technologies in terms of the associated higher investments costs, an interesting result is that it is possible to meet future electricity demand based on domestic resources including renewables.

scholarly journals Efficient Methods of Market Pricing in Power Industry within the Context of System Integration of Renewable Energy Sources

Energies ◽  
2019 ◽  
Vol 12 (17) ◽  
pp. 3250 ◽  
Author(s):  
Evgeny Lisin ◽  
Galina Kurdiukova ◽  
Pavel Okley ◽  
Veronika Chernova
Keyword(s):  
Renewable Energy ◽  
Energy Supply ◽  
Power Plants ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Market Value ◽  
Economic Incentives ◽  
Energy Sources ◽  
Supply Systems ◽  
Energy Supply Systems

Currently, the majority of world economies (even those located in the sunbelt (+/− 35 degrees of latitude with good sunshine with low seasonality) uses various types of fossil fuels as the main source of energy for their economies. However, this represents a very volatile and unsustainable strategy, since according to various estimates, the fossil fuel era will inevitably end as all carbon fuels are going to be spent in the next few centuries. Unlike traditional energy, renewable energy sources (RES) are not based on energy resources, but rather rely upon natural energy flows. With regard to its unique property, there has been an active construction of power plants of renewable energy and their gradual integration into national energy supply systems in recent decades. At the same time, the existing models of electricity markets were unprepared for their wide distribution. Hence, determination of the market value of energy generated by power plants using renewable energy sources becomes a particularly significant issue. This market value has to take into account the prevention of costs from the use of fossil fuels, as well as the resulting environmental benefits. Our paper proposes methods for solving this problem, contributing to the increase of economic efficiency of investment projects for the construction of renewable energy facilities and the formation of economic incentives for their propagation in energy supply systems. The proposed methods are based on the dynamic differentiation of tariffs for consumers with renewable energy sources depending on their structure of electricity consumption. Its effectiveness is demonstrated by calculating the cost of electricity for households located in the Krasnodar region using renewable energy sources. It is shown that this approach to the formation of tariffs for consumers allows the household to receive additional savings from the efficient use of energy installations on RES and energy storage devices in terms of alignment of the energy consumption schedule. This creates a significant incentive for households to use them and contributes to increasing the effectiveness of government renewable energy support programs, including by solving the acute problem of raising electricity tariffs from the grid.

Solução energética híbrida com armazenamento por bombagem

2020 ◽  
pp. 43-54
Author(s):  
Helena M. Ramos ◽  
◽  
Mariana Simão
Keyword(s):  
Renewable Energy ◽  
Wind Energy ◽  
Energy Supply ◽  
Energy Recovery ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Storage System ◽  
Energy Sources ◽  
Hybrid Energy ◽  
Pumped Storage

A elevada intermitência das fontes de energia renováveis condiciona a produção de energia elétrica, que continua a depender muito dos combustíveis fósseis. Uma vez que existe complementaridade por parte das fontes de energia renováveis, a sua integração conjunta é, sem dúvida, a melhor solução para reduzir esta dependência. Aliado a este facto, poderá coexistir um sistema de armazenamento por bombagem, capaz de gerar reservas hídricas, que serão aproveitadas quando a procura exceder a oferta energética. Procedeu-se ao desenvolvimento de dois modelos: um sobre custos de turbomáquinas e outro que visa o estudo do potencial de recuperação de energia de uma solução energética híbrida com armazenamento por bombagem combinado com fonte de energia eólica. Foram estudadas diferentes combinações para estas duas fontes de energia renovável, analisando o consumo satisfeito e a energia eólica não consumida, tendo-se concluído que o excedente de energia eólica pode ser aproveitado para bombagem. The high intermittence of renewable energy sources determines the production of electricity, which remains highly dependent on fossil fuels. Since there is complementarity between renewable energy sources, their joint integration is a potential solution to reduce this dependency. Consequentially, a pumping storage system capable of generating water reserves can coexist, which will be used when demand exceeds the energy supply. Two models were developed: one based on turbomachinery costs and the other based on the potential of energy recovery of a hybrid energy solution with pump storage combined with wind energy. Different combinations were studied for these two sources, analysing the satisfied consumption and the wind energy that is not consumed, in which it was concluded that the surplus of wind energy can be used by pumped storage.

scholarly journals ROLE OF RENEWABLE ENERGY SECTOR IN SPECIFIC EUROPEAN UNION STATES, WITH PARTICULAR FOCUS ON POLAND

2018 ◽  
Author(s):  
Mirosław BICZKOWSKI ◽  
Aleksandra JEZIERSKA-THOLE ◽  
Anna DUBOWNIK
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Energy Production ◽  
Renewable Energy Sources ◽  
Primary Energy ◽  
Energy Sources ◽  
The Sustainable Development ◽  
To Come ◽  
The Eu

At present, the energy from renewable sources is an important element of the sustainable development strategy of the European Union (strategy covering the period until 2020). The article presents the role of renewable energy in the structure of primary energy sources and total energy production. In order to evaluate the present-day role of the renewable energy sector, specific European Union states were analysed, with particular focus on Poland, the country whose results were juxtaposed with the average ratios established for the EU-28. A detailed analysis of the current facts was performed (also a forecast for the period running up to 2020 was made), where particular energy sources were distinguished in the renewable energy production structure. A special role among renewable energy sources was ascribed to solar energy, wind energy, hydropower, geothermal energy, biogases and biofuels. The conclusions drawn from the research point out to the fact that the development of renewable energy in Poland is growing slowly but surely. In 2011, the share was at 9.5% and by 2015 it grew to 11.8%, with the target set for 2020 being at the level of 15.0%. The production of energy from renewable sources is improving (from 7.5 to 8.1 Mtoe). Nevertheless, the share of primary energy obtained from renewable energy sources in the total primary energy is less than half of the EU share. The data showcase that the projected aim is likely to be achieved; however, the few years to come should envisage some intensification of activities oriented to this goal. Biomass now enjoys the dominant role but its significance is gradually waning, which favours wind energy and biofuels. The projected directions of renewable energy development indicate that this sector is going to be a significant factor in implementing the sustainable development policy in the years to come.

scholarly journals Perspectives and Problems of Using Renewable Energy Sources and Implementation of Local “Green” Initiatives: A Regional Assessment

Energies ◽  
2021 ◽  
Vol 14 (18) ◽  
pp. 5888
Author(s):  
Saulius Baskutis ◽  
Jolanta Baskutiene ◽  
Valentinas Navickas ◽  
Yuriy Bilan ◽  
Wojciech Cieśliński
Keyword(s):  
Energy Efficiency ◽  
Renewable Energy ◽  
Energy Supply ◽  
Alternative Energy ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Price Volatility ◽  
Tidal Energy ◽  
Energy Sources ◽  
The Sustainable Development

Environmental pollution, energy supply and security of supply have become major issues across the world due to climate change, limited energy sources, energy price volatility and energy supply constraints. Energy availability, energy efficiency and the replacement of fossil fuels by renewable energy sources are key factors in the global development of sustainable energy. In many countries with limited fossil fuel resources, the sustainable development of renewable energy sources is an important tool in reducing dependence on imported fuels. Some alternative energy sources, such as wind, solar, tidal and hydropower, seem almost inexhaustible. With the exception of tidal energy, all of these sources have been used extensively and for a long time. This article examines the improvement of energy security and the government’s actions to promote the use of renewable energy sources, focusing on increasing energy efficiency and reducing energy intensity and dependence on energy imports in Lithuania. In addition, the article provides the state of renewable energy sources in Lithuania, aspects of sustainability and future development directions and perspectives.

scholarly journals Anaerobic Digestion of Biomass for production of Biogas: Progress and Advantages

2020 ◽  
Vol 6 (5) ◽  
pp. 108-111
Author(s):  
Kumar Gaurav
Keyword(s):  
Renewable Energy ◽  
Anaerobic Digestion ◽  
Fossil Fuels ◽  
Biogas Production ◽  
Energy Requirement ◽  
Renewable Energy Sources ◽  
Agricultural Waste ◽  
Energy Generation ◽  
Primary Energy ◽  
Energy Sources

A major share of world’s primary energy requirement is dependent on fossil fuels which is not only a non renewable source of energy and on the verge of extinction but also associated with serious environmental concerns. To combat these issues, alternative renewable energy sources are required. Certain examples of renewable energy sources are solar energy, wind energy, hydro and thermal energy, biofuels etc. Biomass is one such alternative which is freely and abundantly available. It is mainly the agricultural waste and vegetable waste which are perishable and create a lot of nuisance. Tapping this biomass for energy production will be beneficial in two ways; it will be an excellent source of energy generation and it will also help in waste management for environment protection. Energy generation from Biomass can take place either chemically or thermo-chemically. In the present paper advantages of anaerobic digestion of biomass are discussed for biogas production.

scholarly journals Production of Bioethanol from Waste Potato

2015 ◽  
Vol 3 (5) ◽  
pp. 331 ◽  
Author(s):  
Merve Duruyurek ◽  
Cihan Dusgun ◽  
Mehmet Fuat Gulhan ◽  
Zeliha Selamoğlu
Keyword(s):  
Climate Change ◽  
Saccharomyces Cerevisiae ◽  
Air Pollution ◽  
Renewable Energy ◽  
Fossil Fuels ◽  
Renewable Energy Sources ◽  
Primary Energy ◽  
Energy Sources ◽  
Yeast Saccharomyces Cerevisiae ◽  
Potato Producer

Using primary energy sources in World as fossil fuels, causes air pollution and climate change. Because of these reasons, people looking for renewable energy suppliers which has less carbondioxide and less pollution. Carbon in biofuels is producing from photosynthesis. For this, burning biofuels don’t increase carbondioxide in atmosphere. Scientists predict that plants with high carbonhydrate and protein contents are 21. centuries biofuels. Potatoes are producing over 280 million in whole world and Turkey is 6th potato producer. Turkey produces 5250000 tonne of potatoes. Approximately 20% of potatoes are waste in Niğde. Our study aimed to produce bioethanol from Solanum tuberosum by using the yeast Saccharomyces cerevisiae. As a result renewable energy sources can be produced from natural wastes.

scholarly journals Use of biogas plants on a national and international scale

2021 ◽  
pp. 139-148
Keyword(s):  
Renewable Energy ◽  
Renewable Energy Sources ◽  
Primary Energy ◽  
Economic Benefits ◽  
Biomass Energy ◽  
Energy Sources ◽  
Biogas Plants ◽  
Correct Location ◽  
Alternative Sources ◽  
The Eu

Renewable energy can be used from several natural sources, which are capable of wind, sun, water, geothermal springs, or biomass. Energy from these sources is clean, safe and inexhaustible. The use of alternative sources is becoming part of all realistic scenarios and promotes sustainable development and energy security in Europe as well. Renewable energy sources form a relatively significant part of primary energy sources in many countries. Thanks to the undeniable advantages of their use, they form another higher share of combined energy production in Slovakia. In addition, the correct location of renewable energy sources can be a key element in the development of individual regions, which can contribute to achieving better social and economic cohesion in the country. Given these obvious environmental and economic benefits, efficient use of renewable energy sources is receiving increasing attention and support from responsible officials and the general public around the world, including Slovakia. The main goal of this paper was to evaluate the use of renewable resources in Slovakia with a focus on biogas plants. We also evaluate the position of Slovakia within the EU in this area and find out what is the current situation of biogas plants in Slovakia.

European Energy Security

2017 ◽  
Author(s):  
Almas Heshmati ◽  
Shahrouz Abolhosseini
Keyword(s):  
European Union ◽  
Renewable Energy ◽  
Energy Policy ◽  
Energy Security ◽  
Energy Supply ◽  
Alternative Energy ◽  
Renewable Energy Sources ◽  
Relevant Literature ◽  
Primary Energy ◽  
The European Union

This chapter reviews relevant literature on the current state and effectiveness of developing renewable energy on energy security in general, and on energy security in the European Union (EU) in particular. The chapter elaborates on primary energy import sources, possible alternatives, and how energy security is affected by the sources of supply. It also gives an analysis of the effects of the Ukrainian crisis, the isolation of Iran on diversification sources, and on European energy security. It examines EU’s energy policy, analyses the best motivation for a new energy policy direction within Europe, and suggests alternative solutions for enhanced energy supply security. The aim is to suggest suitable solutions for energy security in Europe through energy supply diversification. Supply diversification includes alternative energy corridors for reducing dependency on Russia as a supplier and enhancing the power generated by renewable energy sources under the European Union 2020 strategy.

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