IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v10y2017i12p2101-d122497.html
   My bibliography  Save this article

Analyses of Wind and Photovoltaic Energy Integration from the Promoting Scheme Point of View: Study Case of Romania

Author

Listed:
  • Simona-Vasilica Oprea

    (Department of Economic Informatics and Cybernetics, The Bucharest University of Economic Studies, Romana Square 6, 010374 Bucharest, Romania)

  • Adela Bâra

    (Department of Economic Informatics and Cybernetics, The Bucharest University of Economic Studies, Romana Square 6, 010374 Bucharest, Romania)

Abstract

The integration of renewable energy sources (RES) has several complex technical and economic aspects, such as: grid reinforcement, tertiary power reserves required for intermittent operation of RES, promoting or support scheme, etc. In this paper, the focus will be given to wind and photovoltaic energy integration from the promoting scheme point of view, with a special emphasis on the case of Romania. In this respect, we propose a model that shows the relation between wind and photovoltaic energy integration and support scheme in Romania. Due to the green certificates (GC) support scheme design that is related to several elements such as total consumption forecast, installed power of the plants based on each type of RES and their full load hours that are expected to vary, we also perform several sensitivity analyses. The GC support scheme implemented in Romania provides interesting insights regarding the installed power based on the primary energy source that could benefit from the GC for RES investors, policy and decision makers.

Suggested Citation

  • Simona-Vasilica Oprea & Adela Bâra, 2017. "Analyses of Wind and Photovoltaic Energy Integration from the Promoting Scheme Point of View: Study Case of Romania," Energies, MDPI, vol. 10(12), pages 1-16, December.
    • Handle: RePEc:gam:jeners:v:10:y:2017:i:12:p:2101-:d:122497
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/10/12/2101/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/10/12/2101/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Boute, Anatole, 2012. "Promoting renewable energy through capacity markets: An analysis of the Russian support scheme," Energy Policy, Elsevier, vol. 46(C), pages 68-77.
    2. Verbruggen, Aviel & Lauber, Volkmar, 2012. "Assessing the performance of renewable electricity support instruments," Energy Policy, Elsevier, vol. 45(C), pages 635-644.
    3. Sáenz de Miera, Gonzalo & del Ri­o González, Pablo & Vizcaino, Ignacio, 2008. "Analysing the impact of renewable electricity support schemes on power prices: The case of wind electricity in Spain," Energy Policy, Elsevier, vol. 36(9), pages 3345-3359, September.
    4. Lehmann, Paul & Gawel, Erik, 2013. "Why should support schemes for renewable electricity complement the EU emissions trading scheme?," Energy Policy, Elsevier, vol. 52(C), pages 597-607.
    5. Huber, Matthias & Dimkova, Desislava & Hamacher, Thomas, 2014. "Integration of wind and solar power in Europe: Assessment of flexibility requirements," Energy, Elsevier, vol. 69(C), pages 236-246.
    6. Michael Pahle, Wolf-Peter Schill, Christian Gambardella, and Oliver Tietjen, 2016. "Renewable Energy Support, Negative Prices, and Real-time Pricing," The Energy Journal, International Association for Energy Economics, vol. 0(Sustainab).
    7. Michael Pahle, Wolf-Peter Schill, Christian Gambardella, and Oliver Tietjen, 2016. "Renewable Energy Support, Negative Prices, and Real-time Pricing," The Energy Journal, International Association for Energy Economics, vol. 0(Sustainab).
    8. Renata Varfolomejeva & Antans Sauhats & Nikita Sokolovs & Hasan Coban, 2017. "The Influence of Small-Scale Power Plant Supporting Schemes on the Public Trader and Consumers," Energies, MDPI, vol. 10(6), pages 1-12, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alexandru Pîrjan & George Căruțașu & Dana-Mihaela Petroșanu, 2018. "Designing, Developing, and Implementing a Forecasting Method for the Produced and Consumed Electricity in the Case of Small Wind Farms Situated on Quite Complex Hilly Terrain," Energies, MDPI, vol. 11(10), pages 1-42, October.
    2. Jan K. Kazak & Małgorzata Świąder, 2018. "SOLIS—A Novel Decision Support Tool for the Assessment of Solar Radiation in ArcGIS," Energies, MDPI, vol. 11(8), pages 1-12, August.
    3. Năstase, Gabriel & Șerban, Alexandru & Dragomir, George & Brezeanu, Alin Ionuț & Bucur, Irina, 2018. "Photovoltaic development in Romania. Reviewing what has been done," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 523-535.
    4. Carmen B. Rosa & Graciele Rediske & Paula D. Rigo & João Francisco M. Wendt & Leandro Michels & Julio Cezar M. Siluk, 2018. "Development of a Computational Tool for Measuring Organizational Competitiveness in the Photovoltaic Power Plants," Energies, MDPI, vol. 11(4), pages 1-13, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Meus, Jelle & De Vits, Sarah & S'heeren, Nele & Delarue, Erik & Proost, Stef, 2021. "Renewable electricity support in perfect markets: Economic incentives under diverse subsidy instruments," Energy Economics, Elsevier, vol. 94(C).
    2. Alcorta, Peio & Espinosa, Maria Paz & Pizarro-Irizar, Cristina, 2023. "Who bears the risk? Incentives for renewable electricity under strategic interaction between regulator and investors," Resource and Energy Economics, Elsevier, vol. 75(C).
    3. Rövekamp, Patrick & Schöpf, Michael & Wagon, Felix & Weibelzahl, Martin & Fridgen, Gilbert, 2021. "Renewable electricity business models in a post feed-in tariff era," Energy, Elsevier, vol. 216(C).
    4. Antweiler, Werner & Muesgens, Felix, 2021. "On the long-term merit order effect of renewable energies," Energy Economics, Elsevier, vol. 99(C).
    5. Christian Gambardella & Michael Pahle & Wolf-Peter Schill, 2016. "Do Benefits from Dynamic Tariffing Rise? Welfare Effects of Real-Time Pricing under Carbon-Tax-Induced Variable Renewable Energy Supply," Discussion Papers of DIW Berlin 1621, DIW Berlin, German Institute for Economic Research.
    6. Claudio Marcantonini & A.Denny Ellerman, 2015. "The Implicit Carbon Price of Renewable Energy Incentives in Germany," The Energy Journal, , vol. 36(4), pages 205-240, October.
    7. Claudio Marcantonini, A. Denny Ellerman, 2015. "The Implicit Carbon Price of Renewable Energy Incentives in Germany," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
    8. Child, Michael & Kemfert, Claudia & Bogdanov, Dmitrii & Breyer, Christian, 2019. "Flexible electricity generation, grid exchange and storage for the transition to a 100% renewable energy system in Europe," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 139, pages 80-101.
    9. Christian Gambardella & Michael Pahle & Wolf-Peter Schill, 2020. "Do Benefits from Dynamic Tariffing Rise? Welfare Effects of Real-Time Retail Pricing Under Carbon Taxation and Variable Renewable Electricity Supply," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 75(1), pages 183-213, January.
    10. Ruhnau, Oliver, 2020. "Market-based renewables: How flexible hydrogen electrolyzers stabilize wind and solar market values," EconStor Preprints 227075, ZBW - Leibniz Information Centre for Economics.
    11. Meus, Jelle & Van den Bergh, Kenneth & Delarue, Erik & Proost, Stef, 2019. "On international renewable cooperation mechanisms: The impact of national RES-E support schemes," Energy Economics, Elsevier, vol. 81(C), pages 859-873.
    12. Winkler, Jenny & Pudlik, Martin & Ragwitz, Mario & Pfluger, Benjamin, 2016. "The market value of renewable electricity – Which factors really matter?," Applied Energy, Elsevier, vol. 184(C), pages 464-481.
    13. Ruhnau, Oliver, 2022. "How flexible electricity demand stabilizes wind and solar market values: The case of hydrogen electrolyzers," Applied Energy, Elsevier, vol. 307(C).
    14. Wang, Tan & Gong, Yu & Jiang, Chuanwen, 2014. "A review on promoting share of renewable energy by green-trading mechanisms in power system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 40(C), pages 923-929.
    15. Bernath, Christiane & Deac, Gerda & Sensfuß, Frank, 2021. "Impact of sector coupling on the market value of renewable energies – A model-based scenario analysis," Applied Energy, Elsevier, vol. 281(C).
    16. Johan Lilliestam & Anthony Patt, 2015. "Barriers, Risks and Policies for Renewables in the Gulf States," Energies, MDPI, vol. 8(8), pages 1-23, August.
    17. Gökgöz, Fazıl & Yücel, Öykü, 2024. "Merit-order of dispatchable and variable renewable energy sources in Turkey's day-ahead electricity market," Utilities Policy, Elsevier, vol. 88(C).
    18. Veenstra, Arjen T. & Mulder, Machiel, 2024. "Impact of Contracts for Differences for non-carbon electricity generation on efficiency of electricity market," Energy Economics, Elsevier, vol. 136(C).
    19. Dillig, Marius & Jung, Manuel & Karl, Jürgen, 2016. "The impact of renewables on electricity prices in Germany – An estimation based on historic spot prices in the years 2011–2013," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 7-15.
    20. Ulrich J. Frey & Martin Klein & Kristina Nienhaus & Christoph Schimeczek, 2020. "Self-Reinforcing Electricity Price Dynamics under the Variable Market Premium Scheme," Energies, MDPI, vol. 13(20), pages 1-19, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:10:y:2017:i:12:p:2101-:d:122497. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.