Capital investment cost is the major obstacle to
the increasing share of electricity from renewable energy sources (RES-E). Therefore,
RES-E incentive mechanisms are incorporated into markets to compensate
cost-related barriers and to increase RES-E deployment rate. In this
study, the impact
of direct capital investment subsidy on RES-E in generation expansion planning (GEP)
has been analyzed and deployment rates of renewable power plants have been defined.
The effect of current
subsidy mechanisms on the installed power capacity of various sources has also
been analyzed and policy recommendations have been put forth in the light of
the characteristics of Turkey’s current subsidization mechanism and its outcomes.
Genetic algorithm was applied
to solve the GEP problem. The share of non-hydro renewable power plants for future
additions in overall installed
power was determined as 9.45% without the proposed incentive, while it was estimated
to rise to 13.65% when it was promoted by direct capital investment subsidy of
50%. The deployment rates of renewable power plants are expected to grow as the
imported coal share in total installed power is expected to decline after
applying the proposed subsidy.
Renewable energy Generation expansion planning Incentives Capital subsidy Genetic algorithm
Birincil Dil | İngilizce |
---|---|
Konular | Bilgisayar Yazılımı |
Bölüm | Makaleler |
Yazarlar | |
Yayımlanma Tarihi | 18 Aralık 2018 |
Gönderilme Tarihi | 8 Ekim 2018 |
Kabul Tarihi | 31 Ekim 2018 |
Yayımlandığı Sayı | Yıl 2018Cilt: 1 Sayı: 3 |
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