Cost-free feed-in tariffs for renewable energy deployment in Spain

Gallego Castillo, Cristóbal José and Victoria Pérez, Marta (2015). Cost-free feed-in tariffs for renewable energy deployment in Spain. "Renewable Energy", v. 81 ; pp. 411-420. ISSN 0960-1481. https://doi.org/10.1016/j.renene.2015.03.052.

Description

Title: Cost-free feed-in tariffs for renewable energy deployment in Spain
Author/s:
  • Gallego Castillo, Cristóbal José
  • Victoria Pérez, Marta
Item Type: Article
Título de Revista/Publicación: Renewable Energy
Date: September 2015
ISSN: 0960-1481
Volume: 81
Subjects:
Faculty: E.T.S. de Ingeniería Aeronáutica y del Espacio (UPM)
Department: Aeronaves y Vehículos Espaciales
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

Feed-in-tariff (FIT) schemes have been widely employed to promote renewable energy deployment. While FITs may be perceived by consumers as an extra cost, renewable energies cause a noticeable price reduction in wholesale electricity markets. We analyse both effects for the case of the Spanish electricity market during 2010. In particular, we examine the level of FITs that makes savings and extra costs to be similar on an hourly basis. Results are obtained for a wide range of renewable generation scenarios. It is found that FITs with null extra costs for consumers are in the range of 50–80 €/MWh. Some of the side-effects of a high penetration of renewable energy in the market are analysed in detail and discussed.

More information

Item ID: 40862
DC Identifier: http://oa.upm.es/40862/
OAI Identifier: oai:oa.upm.es:40862
DOI: 10.1016/j.renene.2015.03.052
Official URL: http://www.sciencedirect.com/science/article/pii/S0960148115002347
Deposited by: Memoria Investigacion
Deposited on: 29 Sep 2016 08:05
Last Modified: 29 Sep 2016 09:04
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