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| 1 |
ID:
150726
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| Summary/Abstract |
The key objective of this study is the examination of the regulatory and policy framework of the feed-in-tariff (FiT) scheme, specifically its effect on both the electricity pricing as well as the local and European renewable energy sources (RES) market, and accordingly the definition of its feasibility as a scheme for the further development and promotion of renewable energy technologies (RETs). This work discusses the FiT scheme implementation for photovoltaics (PVs) in four case study countries - Denmark, Germany, Cyprus, and Spain. A model describing the conditions under which a FiT scheme is led to collapse is also introduced and a parametric analysis towards revealing the sensitivity of the different parameters affecting it, is delivered. The study concludes with significant policy implications that should be considered for future implementation of the scheme. For the prevention of the collapse of the scheme, the tariff's value ought to be determined by each country's government based on a set of influencing factors including the operational, capital and investment costs of each RET, the standard cost of renewable energy (RE) generation and the avoidance cost, which would be regularly reviewed depending on the excess of the annual capacity.
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| 2 |
ID:
127210
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| Publication |
2014.
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| Summary/Abstract |
Grid parity is defined as the threshold at which a grid-connected renewable energy sources (RES) system supplies electricity to the end user at the same price as grid-supplied electricity. Predictions from the 2006 time-frame expected retail grid parity for solar in the 2016 to 2020 era, but due to rapid downward pricing changes, more recent calculations have forced dramatic reductions in time scale, and the suggestion that solar has already reached grid parity in a wide variety of locations. This study presents aspects of achieving grid parity in insular energy systems, based on a case study applied in Cyprus. The analysis presents the variation of the manufacturing cost, the selling price of the produced energy, and the performance of the solar panels to examine the conditions of accomplishing grid parity event. It is also concluded that grid parity may be easier achieved in insular energy systems due to the higher cost of primary energy.
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