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The effect of Research and Development incentive on wind power investment, a system dynamics approach
Renewable Energy ( IF 8.7 ) Pub Date : 2018-04-04
M. Esmaieli, M. Ahmadian

Due to high and unstable fossil fuel prices, air pollution arising from conventional power plants, and the need for higher levels of energy security, the necessity of using renewable energy, especially wind power have increased. But barriers such as high investment cost and uncertainty in generation, limit the participation of investors in this respect. Therefore, different incentives have been considered to speed up the development of renewable energy units. Most of these incentives focus on compensating the high investment cost and uncertainty in the future revenue of these units. On the other hand, this paper proposes a new approach based on supporting research and development activities to reduce the investment cost of wind units. Accordingly, a fixed amount is paid to the wind units proportional to their installed capacity but they should spend this fixed amount on research and development activities. These activities lead to lower construction costs due to technology maturity.

In order to study the performance of the proposed incentive, the long-term behavior of electricity market was simulated by a dynamic model followed by a sensitivity analysis to investigate the effect of different factors. The results indicated the effectiveness of the proposed incentive compared to other known incentives.



中文翻译:

研发激励对风电投资的影响,一种系统动力学方法

由于高昂且不稳定的化石燃料价格,常规发电厂引起的空气污染以及对更高水平的能源安全的需求,使用可再生能源,尤其是风能的必要性增加了。但是,高昂的投资成本和发电不确定性等障碍限制了投资者在这方面的参与。因此,已经考虑了不同的激励措施以加速可再生能源单元的发展。这些激励措施大多集中于补偿这些部门的高投资成本和未来收入的不确定性。另一方面,本文在支持研发活动的基础上提出了一种新方法,以降低风力发电机组的投资成本。因此,向风电设备按装机容量按比例支付固定金额,但他们应将此固定金额用于研发活动。由于技术的成熟,这些活动导致较低的建造成本。

为了研究拟议的激励措施的绩效,通过动态模型模拟电力市场​​的长期行为,然后进行敏感性分析,以研究不同因素的影响。结果表明,与其他已知奖励措施相比,拟议奖励措施的有效性。

更新日期:2018-04-06
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