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The Economic Competitiveness Of Renewable Energy

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Author by : Winfried Hoffmann
Languange Used : en
Release Date : 2014-05-15
Publisher by : John Wiley & Sons

ISBN : 9781118939246

Provides a comprehensive picture of today’s energy world, describes the potential for energy savings that can be achieved, and analyzes the technology developments which will lead to a 100% renewable energy-powered world The world is at the crossroads of either quickly changing the energy picture towards implementing efficient renewable energy sources or postponing this process by another generation. Based on the author’s more than 30 years’ industrial experience, this book gives a set of assumptions by extrapolating known technology developments and shows that 100% coverage by renewable technology of global energy needs is much more probable than previously argued. Basic facts using "rule of thumb" and "order-of-magnitude" considerations underpin the author’s argument. The book shows how energy efficiency technologies will be able to drastically reduce the energy consumption for the same quality of life. The most relevant renewable energy technologies are discussed. Solar photovoltaic, solar thermal concentrators, solar thermal wind, as well as biomass and biofuels, hydro, geothermal, wave, and tidal technologies are debated. The conclusion of this unique book shows how and why the renewable technologies will be cost competitive and even superior to the traditional technologies in the mid-term. Market-pull instead of technology-push provide the increase of the cumulative installed volume of the new renewable technologies, thereby driving down the specific price of the critical components along Price Experience Curves....

Opportunities And Barriers To Commercialization Of Renewable Energy And Energy Efficiency Technologies

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Author by : United States. Congress. Senate. Committee on Energy and Natural Resources. Subcommittee on Renewable Energy, Energy Efficiency, and Competitiveness
Languange Used : en
Release Date : 1993
Publisher by :

ISBN : PSU:000021241864

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Competitiveness Of Corporate Sourcing Of Renewable Energy

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Author by :
Languange Used : en
Release Date : 2019
Publisher by :

ISBN : 9276092870

Renewables have been increasingly recognized as important contributors to economic growth both in terms of job creation and value added. In this context, as industry and services are responsible for more than two-thirds of the European Union’s (EU) final electricity consumption, corporates’ decision to source renewable electricity can not only improve environmental sustainability, but also fuel economic growth, create employment opportunities and enhance welfare. The present Annex provides an assessment of the impact of corporate sourcing of renewable electricity on economic growth and jobs up to 2030 in ten EU Member States: Bulgaria, France, Germany, Ireland, Italy, the Netherlands, Poland, Romania, Spain and Sweden. The remainder is organised as follows: Section 2 briefly reviews recent studies on the socio-economic impact of RE deployment at the global and EU levels; Section 3 illustrates the methodology and data sources; Section 4 estimates total job creation and gross value added (GVA) of corporate sourcing of renewable electricity....

Fundamentals Of Power System Economics

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Author by : Daniel S. Kirschen
Languange Used : en
Release Date : 2018-07-04
Publisher by : John Wiley & Sons

ISBN : 9781119213253

A new edition of the classic text explaining the fundamentals of competitive electricity markets—now updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants’ strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investments—discussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first edition’s focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Updates end-of-chapter problems and accompanying solutions manual Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact....

Competitiveness And Private Sector Development Renewable Energies In The Middle East And North Africa Policies To Support Private Investment

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Author by : OECD
Languange Used : en
Release Date : 2013-03-20
Publisher by : OECD Publishing

ISBN : 9789264183704

This report makes the case for a stronger deployment of renewables in the Middle East and North Africa and identifies the appropriate support policies required to stimulate the necessary private investment....

Electricity From Renewable Resources

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Author by : National Research Council
Languange Used : en
Release Date : 2010-04-05
Publisher by : National Academies Press

ISBN : 9780309137089

A component in the America's Energy Future study, Electricity from Renewable Resources examines the technical potential for electric power generation with alternative sources such as wind, solar-photovoltaic, geothermal, solar-thermal, hydroelectric, and other renewable sources. The book focuses on those renewable sources that show the most promise for initial commercial deployment within 10 years and will lead to a substantial impact on the U.S. energy system. A quantitative characterization of technologies, this book lays out expectations of costs, performance, and impacts, as well as barriers and research and development needs. In addition to a principal focus on renewable energy technologies for power generation, the book addresses the challenges of incorporating such technologies into the power grid, as well as potential improvements in the national electricity grid that could enable better and more extensive utilization of wind, solar-thermal, solar photovoltaics, and other renewable technologies....

Competitiveness Metrics For Electricity System Technologies

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Author by : Trieu Mai
Languange Used : en
Release Date : 2021
Publisher by :

ISBN : OCLC:1273413161

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Renewable Energy And Energy Efficiency

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Author by : Aidan Duffy
Languange Used : en
Release Date : 2015-05-26
Publisher by : John Wiley & Sons

ISBN : 9781118631041

The recent rise to prominence of renewable energy and energy efficiency has been driven by their potential to lower the environmental impacts of energy use. As these technologies mature they must demonstrate not only their environmental benefits, but also their economic competitiveness. The relative costs and benefits of each potential project, whether large or small, must be systematically modelled and assessed before they can be financed and implemented. Renewable Energy and Energy Efficiency: Assessment of Projects and Policies deals with the appraisal of such projects against financial and non-financial criteria, illustrating the assessment tools necessary to make appropriate, evidence based decisions as efficiently as possible. The most important technologies are first described, stressing their economic and performance characteristics. Key project appraisal concepts are then introduced, approaches to modelling the cash flows in energy projects are described, and the issues of uncertainty and optimisation are fully discussed. These financial concepts, together with methods for estimating greenhouse gas emissions, are extended to address aspects of energy policy. Illustrated with many case studies this is an ideal introduction to financial and non-financial appraisal techniques as applied to energy efficient and renewable energy technologies....

Industrial Competitiveness Through Energy Efficiency And Waste Minimization

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The Strategy Of Sustainable Energy Transitions

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Author by : Michaël Aklin
Languange Used : en
Release Date : 2015
Publisher by :

ISBN : OCLC:1376376160

Scholars of environmental politics emphasize the importance of path dependence for sustainable energy transitions, or the extensive deployment of clean energy in a society. However, they frequently overlook the strategic nature of energy policy. We develop a formal model of the political economy of sustainable energy transitions. We examine how exogenous shocks, such as changes in international energy prices, interact with positive reinforcement factors, such as (i) the growing strength of the renewables advocacy coalition and (ii) enhanced economic competitiveness of clean energy. We find that while 'green' governments can use positive reinforcement mechanisms to lock in policy commitments (by creating green constituencies), 'brown' governments respond to positive reinforcement by strategically underproviding public support for renewable energy (to avoid creating green constituencies). Surprisingly, the effect of positive reinforcement also decreases with international energy prices. The formal analysis, case studies, and data analysis show that (i) political competition conditions the policy response to exogenous shocks and market failures while (ii) governments strategically exploit path dependence for political gain....