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Integration of renewable energy sources in southeast Europe: A review of incentive mechanisms and feasibility of investments

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  • Punda, Luka
  • Capuder, Tomislav
  • Pandžić, Hrvoje
  • Delimar, Marko

Abstract

Incentivizing development and deployment of renewable energy sources (RES), but also other low carbon technologies (LCT), has been a successful way of promoting new technologies by creating a feasible investment case and making them competitive with traditional energy sources. Although different incentive mechanisms exist, feed-in tariffs have shown to be the best model for accelerating LCT development guaranteeing producers preferential prices for the produced electricity over a period of time and enabling them access to the power network to sell/inject produced electricity. Due to these benefits, feed-in tariff models are the most common model for stimulating RES integration in southeast Europe.

Suggested Citation

  • Punda, Luka & Capuder, Tomislav & Pandžić, Hrvoje & Delimar, Marko, 2017. "Integration of renewable energy sources in southeast Europe: A review of incentive mechanisms and feasibility of investments," Renewable and Sustainable Energy Reviews, Elsevier, vol. 71(C), pages 77-88.
    • Handle: RePEc:eee:rensus:v:71:y:2017:i:c:p:77-88
    DOI: 10.1016/j.rser.2017.01.008
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