Evolution of hydropower support schemes in Poland and their assessment using the LCOE method
Authors:
- Izabela Godyń,
- Anna Dubel
Abstract
Hydropower as stable power installations play an important role among renewable energy sources. Yet, their share in the renewable energy is small (currently it is only 10% of energy from RES, compared to 27% in 2010). Therefore, aim of the paper is to assess the RES support schemes in Poland related to hydropower, such as green certificates, auctions and FIT, with the use of the Levelized Cost of Electricity (LCOE) analysis in order to determine which support scheme is best incentivizing hydropower development. The evolution of the hydropower support scheme in Poland is presented. The total LCOE and possible revenues from support systems for various segments of hydropower installations are graphically analyzed for two analysis periods (15 and 50 years) and for two discount rates (7% and 11.4%). The analysis shows the great importance of the support schemes in the profitability of the hydropower plants investments. The LCOE graphical analysis proves to be suitable for showing sensitivity analysis of capital and operating costs of various sizes of hydropower plants. The analysis shows that the LCOE in micro-power plants is usually higher than the support and revenues available in the green certificates or auctions or FIT schemes in Poland.
- Record ID
- CUT7ce8872005c34d19b7e01f13231af901
- Publication categories
- ;
- Author
- Journal series
- Energies, ISSN , e-ISSN 1996-1073, Biweekly
- Issue year
- 2021
- Vol
- 14
- No
- 24
- Pages
- [1-23]
- Article number
- 8473
- Other elements of collation
- tab.; wykr.; Bibliografia (na s.) - 20-23; Bibliografia (liczba pozycji) - 74; Oznaczenie streszczenia - Abstr.; Numeracja w czasopiśmie - Vol. 14, Iss. 24, Spec. Iss.
- Substantive notes
- Special Issue: Role of Hydropower for Sustainable Future Energy System: Synergies, Challenges and Development
- Keywords in English
- hydropower, support scheme, auctions, feed-in tariffs, green certificates, levelized cost of electricity LCOE
- DOI
- DOI:10.3390/en14248473 Opening in a new tab
- URL
- https://www.mdpi.com/1996-1073/14/24/8473 Opening in a new tab
- Language
- eng (en) English
- License
- Score (nominal)
- 140
- Publication indicators
- = 4
- Additional fields
- Indeksowana w: Web of Science, Scopus
- Uniform Resource Identifier
- https://cris.pk.edu.pl/info/article/CUT7ce8872005c34d19b7e01f13231af901/
- URN
urn:pkr-prod:CUT7ce8872005c34d19b7e01f13231af901
* presented citation count is obtained through Internet information analysis, and it is close to the number calculated by the Publish or PerishOpening in a new tab system.