Journal article
Authors list: Croonenbroeck, Carsten; Hennecke, David
Publication year: 2020
Journal: Energy Policy
Volume number: 144
ISSN: 0301-4215
eISSN: 1873-6777
DOI Link: https://doi.org/10.1016/j.enpol.2020.111663
Publisher: Elsevier
Abstract:
We assess the German renewable energy incentive system for onshore wind power installations and provide a spatial profitability analysis for any given point in Germany. As it turns out, the system seems to favor certain types of facilities, dependent on the wind conditions at the site. We therefore narrow the focus down and analyze a limited set of locations selected at random. Here, we use a simulation analysis to assess the sensitivity of profitability on wind speeds, hub heights, and turbine types. Results show that increasing hub heights are not generally increasingly profitable - on the contrary, the German incentive system rather tends to favor lower hub heights. Also, the selected turbine type still has its impact on profitability - not at a great magnitude, but nevertheless gaugeable. In conclusion, the German renewable energy support system might be somewhat off target, as it possesses possibly unwanted side effects of which policy makers may not be aware.
Citation Styles
Harvard Citation style: Croonenbroeck, C. and Hennecke, D. (2020) Does the German renewable energy act provide a fair incentive system for onshore wind power?-A simulation analysis, Energy Policy, 144, Article 111663. https://doi.org/10.1016/j.enpol.2020.111663
APA Citation style: Croonenbroeck, C., & Hennecke, D. (2020). Does the German renewable energy act provide a fair incentive system for onshore wind power?-A simulation analysis. Energy Policy. 144, Article 111663. https://doi.org/10.1016/j.enpol.2020.111663
Keywords
AUCTIONS; PREMIUM; spatial analysis; Wind power