Economical evaluation of electricity generation considering externalities

EL-Kordy, M. N.; Badr, M. A.; Abed, Kamal; Ibrahim, Said M.A.

doi:10.1016/s0960-1481(01)00054-4

Cited by 77 publications

(38 citation statements)

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“…The lifecycle emissions from the generation of electricity from MCEDs depend primarily on the countries heat and power mix during the manufacture and installation of the device. It is expected that the environmental impacts will be proportional to the emissions produced by electricity generation [60]. The significant contributors from the combustion of fossil fuels causing these damaging effects are nitrogen oxides, total suspended particulate, carbon dioxide and to a lesser extent sulphur oxides.…”

Section: Methods For Establishing the Cost Of Generating Electricitymentioning

confidence: 99%

Marine current energy devices: Current status and possible future applications in Ireland

Rourke¹,

Boyle²,

Reynolds³

2010

Renewable and Sustainable Energy Reviews

193

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There is a growing demand for the use of renewable energy technologies to generate electricity due to concerns over climate change. The oceans provide a huge potential resource of energy. Energy extraction using marine current energy devices (MCEDs) offers a sustainable alternative to conventional sources and a predictable alternative to other renewable energy technologies. A MCED utilises the kinetic energy of the tides as opposed to the potential energy which is utilised by a tidal barrage. Over the past decade MCEDs have become an increasingly popular method of energy extraction. However, marine current energy technology is still not economically viable on a large scale due to its current stage of development. Ireland has an excellent marine current energy resource as it is an island nation and experiences excellent marine current flows. This paper reviews marine current energy devices, including a detailed up-to-date description of the current status of development. Issues such as network integration, economics, and environmental implications are addressed as well as the application and costs of MCEDs in Ireland.

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Section: Methods For Establishing the Cost Of Generating Electricitymentioning

confidence: 99%

Marine current energy devices: Current status and possible future applications in Ireland

Rourke¹,

Boyle²,

Reynolds³

2010

Renewable and Sustainable Energy Reviews

193

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“…El-Kordy's research suggested that externalities and environmental costs need to be considered when installing new power generators [11]. Gong et al [12] believed that Environmental Dynamic Models are important tools for understanding and predicting the impacts of global and environmental changes due to natural or anthropogenic factors.…”

Section: Literature Reviewmentioning

confidence: 99%

Study on the Evolution Mechanism and Development Forecasting of China’s Power Supply Structure Clean Development

Zhang

Yun

et al. 2017

Sustainability

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Abstract:The clean development of China's power supply structure has become a crucial strategic problem for the low-carbon, green development of Chinese society. Considering the subsistent developments of optimized allocation of energy resources and efficient utilization, the urgent need to solve environmental pollution, and the continuously promoted power market-oriented reform, further study of China's power structure clean development has certain theoretical value. Based on the data analysis, this paper analyzes the key factors that influence the evolution process of the structure with the help of system dynamics theory and carries out comprehensive assessments after the construction of the structure evaluation system. Additionally, a forecasting model of the power supply structure development based on the Vector Autoregressive Model (VAR) has been put forward to forecast the future structure. Through the research of policy review and scenario analysis, the paths and directions of structure optimization are proposed. In this paper, the system dynamics, vector autoregressive model (VAR), policy mining, and scenario analysis methods are combined to systematically demonstrate the evolution of China's power structure, and predict the future direction of development. This research may provide a methodological and practical reference for the analysis of China's power supply structure optimization development and for theoretical studies.

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“…The underlying principle of the IRP approach is that utilities should provide an energy service to their customers at minimal societal cost. This implies that utilities should consider both supply-and demand-side options when performing their planning operations, and should sometimes take environmental costs into consideration [8][9][10][11][12][13][14][15]. Minimal societal costs are defined as the minimum of the joint expenses of the utility and the consumers, which can be represented by the total resource cost or societal cost if environmental externalities are taken into account.…”

Section: Avoided Cost Of Utility By Load Management Programmentioning

confidence: 99%

“…Recently, however, these mathematical models have included objective functions whose role is to evaluate the influence of factors, which are not directly quantifiable by means of an economic indicator, e.g. environmental and public health concerns [13].…”

Section: Avoided Generation Capacity Cost (Agcc)mentioning

confidence: 99%

Incentive pricing and economic profitability of load management program

Sheen

2006

Energy

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Economical evaluation of electricity generation considering externalities

Cited by 77 publications

References 0 publications

Marine current energy devices: Current status and possible future applications in Ireland

Marine current energy devices: Current status and possible future applications in Ireland

Study on the Evolution Mechanism and Development Forecasting of China’s Power Supply Structure Clean Development

Incentive pricing and economic profitability of load management program

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