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Due to increasing shares of renewable energies in electricity production, the cost-effective system integration of these installations is becoming more and more important. Technologies and locations are viewed as system-friendly when they are more cost-efficient and easier to integrate because...
Persistent link: https://www.econbiz.de/10011755971
It is generally understood that the pattern of repeated expiration and short-term renewal of the federal production tax credit (PTC) causes a boom-bust cycle in wind power plant investment in the U.S. This on-off pattern is detrimental to the wind industry, since ramp-up and ramp-down costs are...
Persistent link: https://www.econbiz.de/10014220878
this is an unpublished working paper, seeking feedback.AbstractElectricity can, in principle, power all the energy demands of civilization provided sufficient electricity can be produced reliably and at an affordable cost. First, we give a detailed introduction of the economic and physical...
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Offshore wind power is regarded as a crucial renewable energy technology to achieve the ambitious CO2 reduction targets of the EU. However, offshore wind power is not yet competitive with traditional electricity generation technologies, so its sustained development depends on national support...
Persistent link: https://www.econbiz.de/10013119769
Renewable energy support mechanisms affect the attractiveness of projects by influencing uncertainties in revenues or expenditures and ultimately result in a change in the financing costs. The influence of feed-in tariffs on financing costs was investigated. 26 wind onshore investors were...
Persistent link: https://www.econbiz.de/10012870621
This article develops an explanation for patterns of industrial specialization in emerging high-technology industries through a comparative analysis of wind and solar sectors in China, Germany, and the United States. Although governments have similar goals in the support of domestic wind and...
Persistent link: https://www.econbiz.de/10013016548
The objective of this study is to review international experience in offshore wind power development and draw on the lessons learned from the experience of different countries. To date, that experience has predominantly been limited to Europe. Significantly different regulatory and physical...
Persistent link: https://www.econbiz.de/10012550645