Comparing feed-in tariffs and renewable obligation certificates: the case of repowering wind farms

Romano, Teresa; Mennel, Tim; Scatasta, Sara

doi:10.1007/s40812-017-0071-z

Cited by 6 publications

(3 citation statements)

References 19 publications

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“…They studied the economic advantages of partial repowering compared to total repowering, provided that the design of the new turbines is optimal according to the potential wind. In 2017, Romano et al tried to resolve the dilemma about which the political instrument was the most appropriate in repowering from the point of view of uncertainty: quotas and FITs or British Renewable Obligation Certificates (ROCs), both mandatory [58]. The methodology was based on a dynamic programming model, concluding that the price certainty according to FIT increased the probability of adopting new technologies, whereas an increase in capital costs did not affect the repowering of both instruments.…”

Section: Multi-category Analysismentioning

confidence: 99%

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A Multi-Factorial Review of Repowering Wind Generation Strategies

Gil-García¹,

Fernández‐Guillamón

García-Cáscales

et al. 2021

Energies

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The integration of renewables into power systems is a key transformation for mitigating climate change and reducing fossil-fuel dependence. Among the different resources, wind participation has become crucial in recent decades—both onshore and offshore wind power plants. However, assuming the useful life of the wind turbines at approximately 20 years, different solutions should be discussed to overcome the turbine’s aging problem. In the coming years, some countries within the wind sector will face the decision of partially or totally repowering or dismantling their turbines. This paper reviews different repowering strategies and contributions from a multifactorial perspective. A set of categories is defined by the authors and those multifactorial parameters are then classified according to such categories: technical, economic, environmental, social, and political. From each category, the most relevant factors to be considered for repowering decision-making purposes are identified and discussed. According to the specific literature, more than 90% of the reviewed contributions are focused on onshore wind power plant repowering actions. This percentage is in line with onshore and offshore wind generation units installed in recent decades. The reviewed studies show that Germany has a major number of contributions. Regarding offshore repowering strategies, all contributions propose a multifactorial analysis, in contrast to onshore repowering strategies where only 68% of the authors carry out a multifactorial analysis. The revised repowering methodologies and the categorization of factors can also be used by the repowering market, as a useful tool in the near future.

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Section: Multi-category Analysismentioning

confidence: 99%

“…Revised papers by country and technology. Period (2000-2021).Germany[38,39,[44][45][46]54,58,60,64,71,96,101,102] …”

mentioning

confidence: 99%

A Multi-Factorial Review of Repowering Wind Generation Strategies

Gil-García¹,

Fernández‐Guillamón

García-Cáscales

et al. 2021

Energies

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“…For consumers, purchasing the REC is an important way to accomplish this goal. Secondly, the REC is a powerful way of attracting investment in the wind power project [2]. irdly, the REC transaction can promote adjustment of energy structure to support clean energy in a more market-oriented manner [3].…”

Section: Introductionmentioning

confidence: 99%

Renewable Energy Certificate Trading via Permissioned Blockchain

Wang

Xuan

Chen

et al. 2021

Security and Communication Networks

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With the continuous advancement of the green certificate trading mechanism, information verification needs to span multiple departments, which causes the application process cumbersome and human errors. In order to solve problems of cumbersome issuance process of the renewable energy certificate (REC) and the inflexible pricing mechanism, in this paper, a hybrid REC trading system was proposed based on an permissioned blockchain technology (BT), which combined advantages of the BT and the continuous double auction (CDA). The operation process of the system was introduced in detail, and the view change protocol in the Practical Byzantine Fault Tolerance algorithm was revised according to the characteristics of the system to improve the system stability. The continuous double auction rule was also introduced in the system. And corresponding bidding strategies were designed to maximize the revenue of users (buyer and seller) and transaction probability. The simulation experiment proves that the bidding mechanism can flexibly adjust the REC price according to the supply and demand relationship. At the same time, the effectiveness and feasibility of trading rule and bidding strategy were also verified.

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Das Erneuerbare-Energien-Gesetz — Erfolgsgeschichte oder Kostenfalle?

Mennel¹

2012

Wirtschaftsdienst

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte.

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Comparing feed-in tariffs and renewable obligation certificates: the case of repowering wind farms

Cited by 6 publications

References 19 publications

A Multi-Factorial Review of Repowering Wind Generation Strategies

A Multi-Factorial Review of Repowering Wind Generation Strategies

Renewable Energy Certificate Trading via Permissioned Blockchain

Das Erneuerbare-Energien-Gesetz — Erfolgsgeschichte oder Kostenfalle?

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