IDEAS home Printed from https://ideas.repec.org/a/vls/rojfme/v3y2016i1p203-214.html
   My bibliography  Save this article

Managing The Renewable Energy Grid Integration Process: Risks And Challenges

Author

Listed:
  • NASALCIUC, Irina

    (National Institute for Economic Research of Republic of Moldova, Chisinau, Republic of Moldova)

Abstract

The energy supply security is an essential condition for further economic and social strategic development hence renewable energy generation proves to get involved efficiently in solving this issue. As business-as-usual scenarios proved to be non-strategic for modern economies promoting clean energies, scientists are continuously seeking for new policies and management frameworks appropriate for renewable start-ups. Periodic paradigm shifts operating on energy markets drive impressive market transitions aiming to perform higher innovative approaches over the composite energy generation portfolios thus providing advanced managerial mechanisms for renewable energy strategic deployment inclusively. Thereby, the current study aims to reveal an updated insight over the risks and challenges arising under the energy markets deployments and to identify productive management manoeuvres able to provide the appropriate grid integration of intelligent energies. In this purpose there are on their way of implementation different systemic methods of research, including scientific abstraction, deduction, analysis and synthesis, etc., in order to outline the running directives for the strategic transition towards green economies and its management peculiarities.

Suggested Citation

  • NASALCIUC, Irina, 2016. "Managing The Renewable Energy Grid Integration Process: Risks And Challenges," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 3(1), pages 203-214, October.
    • Handle: RePEc:vls:rojfme:v:3:y:2016:i:1:p:203-214
    as

    Download full text from publisher

    File URL: http://www.icfm.ro/RePEc/vls/vls_pdf_jfme/vol3i1p203-214.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Connor, Peter & Bürger, Veit & Beurskens, Luuk & Ericsson, Karin & Egger, Christiane, 2013. "Devising renewable heat policy: Overview of support options," Energy Policy, Elsevier, vol. 59(C), pages 3-16.
    Full references (including those not matched with items on IDEAS)

    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. Connor, Peter M. & Xie, Lei & Lowes, Richard & Britton, Jessica & Richardson, Thomas, 2015. "The development of renewable heating policy in the United Kingdom," Renewable Energy, Elsevier, vol. 75(C), pages 733-744.
    2. Toka, Agorasti & Iakovou, Eleftherios & Vlachos, Dimitrios & Tsolakis, Naoum & Grigoriadou, Anastasia-Loukia, 2014. "Managing the diffusion of biomass in the residential energy sector: An illustrative real-world case study," Applied Energy, Elsevier, vol. 129(C), pages 56-69.
    3. He, Guoqing & Zheng, Yun & Wu, Yong & Cui, Zhenhua & Qian, Kuangliang, 2015. "Promotion of building-integrated solar water heaters in urbanized areas in China: Experience, potential, and recommendations," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 643-656.
    4. Bauermann, Klaas, 2016. "German Energiewende and the heating market – Impact and limits of policy," Energy Policy, Elsevier, vol. 94(C), pages 235-246.
    5. Gaigalis, Vygandas & Skema, Romualdas, 2016. "A review on solid biofuel usage in Lithuania after the decommission of Ignalina NPP and compliance with the EU policy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 974-988.
    6. Freyre, Alisa & Klinke, Sandra & Patel, Martin K., 2020. "Carbon tax and energy programs for buildings: Rivals or allies?," Energy Policy, Elsevier, vol. 139(C).
    7. Knobloch, Florian & Pollitt, Hector & Chewpreecha, Unnada & Lewney, Richard & Huijbregts, Mark A.J. & Mercure, Jean-Francois, 2021. "FTT:Heat — A simulation model for technological change in the European residential heating sector," Energy Policy, Elsevier, vol. 153(C).
    8. Alisa Freyre & Stefano Cozza & Matthias Rüetschi & Meinrad Bürer & Marlyne Sahakian & Martin K. Patel, 2021. "How to Improve Effectiveness of Renewable Space Heating Programs by Better Understanding Homeowner—Installer Interactions," Energies, MDPI, vol. 14(15), pages 1-24, July.
    9. Connor, Peter M. & Baker, Philip E. & Xenias, Dimitrios & Balta-Ozkan, Nazmiye & Axon, Colin J. & Cipcigan, Liana, 2014. "Policy and regulation for smart grids in the United Kingdom," Renewable and Sustainable Energy Reviews, Elsevier, vol. 40(C), pages 269-286.
    10. Zhao, Jing & Duan, Yaoqi & Liu, Xiaojuan, 2019. "Study on the policy of replacing coal-fired boilers with gas-fired boilers for central heating based on the 3E system and the TOPSIS method: A case in Tianjin, China," Energy, Elsevier, vol. 189(C).
    11. Gaigalis, Vygandas & Markevicius, Antanas & Katinas, Vladislovas & Skema, Romualdas, 2014. "Analysis of the renewable energy promotion in Lithuania in compliance with the European Union strategy and policy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 35(C), pages 422-435.
    12. Xu, Xiaofeng & Wei, Zhifei & Ji, Qiang & Wang, Chenglong & Gao, Guowei, 2019. "Global renewable energy development: Influencing factors, trend predictions and countermeasures," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
    13. Isabel Haase & Herena Torio, 2021. "The Impact of the Climate Action Programme 2030 and Federal State Measures on the Uptake of Renewable Heating Systems in Lower Saxony’s Building Stock," Energies, MDPI, vol. 14(9), pages 1-25, April.
    14. Carsten Herbes & Lorenz Braun & Dennis Rube, 2016. "Pricing of Biomethane Products Targeted at Private Households in Germany—Product Attributes and Providers’ Pricing Strategies," Energies, MDPI, vol. 9(4), pages 1-15, March.
    15. Nis Bertelsen & Brian Vad Mathiesen, 2020. "EU-28 Residential Heat Supply and Consumption: Historical Development and Status," Energies, MDPI, vol. 13(8), pages 1-21, April.
    16. Dalia Štreimikienė & Vidas Lekavičius & Gintare Stankūnienė & Aušra Pažėraitė, 2022. "Renewable Energy Acceptance by Households: Evidence from Lithuania," Sustainability, MDPI, vol. 14(14), pages 1-17, July.
    17. Kveselis, Vaclovas & Dzenajavičienė, Eugenija Farida & Masaitis, Sigitas, 2017. "Analysis of energy development sustainability: The example of the lithuanian district heating sector," Energy Policy, Elsevier, vol. 100(C), pages 227-236.
    18. Romagnoli, Francesco & Barisa, Aiga & Dzene, Ilze & Blumberga, Andra & Blumberga, Dagnija, 2014. "Implementation of different policy strategies promoting the use of wood fuel in the Latvian district heating system: Impact evaluation through a system dynamic model," Energy, Elsevier, vol. 76(C), pages 210-222.
    19. Xenias, Dimitrios & Axon, Colin J. & Whitmarsh, Lorraine & Connor, Peter M. & Balta-Ozkan, Nazmiye & Spence, Alexa, 2015. "UK smart grid development: An expert assessment of the benefits, pitfalls and functions," Renewable Energy, Elsevier, vol. 81(C), pages 89-102.
    20. Seul-Ye Lim & Seung-Hoon Yoo, 2019. "Will South Korean Residential Consumers Accept the Renewable Heat Incentive Scheme? A Stated Preference Approach," Energies, MDPI, vol. 12(10), pages 1-9, May.

    More about this item

    Keywords

    transition; innovating energy grids; de-risking renewables;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices

    Statistics

    Access and download statistics

    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:vls:rojfme:v:3:y:2016:i:1:p:203-214. 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: Daniel Mateescu (email available below). General contact details of provider: https://edirc.repec.org/data/cfiarro.html .

    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.