This study evaluates an investment project on renewable energy based on wind power. We model the main uncertainties that affect this kind of project: the cost and production of electric power, investment costs and Weighted Average Cost of Capital (WACC). Our results underline the importance of incentive to support wind power in Italy because grid-parity is not achieved by the analyzed wind farm.

A model for the optimal incentive scheme for wind energy: Theory, evidence and simulations for the Italian case

Morea D.
2015-01-01

Abstract

This study evaluates an investment project on renewable energy based on wind power. We model the main uncertainties that affect this kind of project: the cost and production of electric power, investment costs and Weighted Average Cost of Capital (WACC). Our results underline the importance of incentive to support wind power in Italy because grid-parity is not achieved by the analyzed wind farm.
2015
renewable energy; wind energy; grid parity; regulation by incentives
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11584/317515
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