Support mechanisms for the promotion renewable energy sources - Feed in Tariff and Tradable Green Certificates comparison
 
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Polityka Energetyczna – Energy Policy Journal 2008;11(2):107–119
 
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ABSTRACT
The paper deals with characteristic and evaluation of support mechanisms for the promotion renewable energy sources (RES). The two main mechanisms price system and quota system was introduced in first part of paper. In price system government determine the electricity prices paid to the renewable producer and lets the market to determine the quantity of renewable energy, in quota system government determine the quantity of renewable electricity and leaves it to the market to determine the price of renewable energy. All variant of measures of each system is presented in latter part of paper. In second part of paper Feed in Tariff (FiT) and Tradable Green Certificates (TGC) was introduced and evaluated. Those mechanisms are methods of creating a protected market, separated from the open electricity market where electricity from renewable energy sources would have difficulties competing with existing, subsidized and already depreciated conventional (fossil-based) power plants. The first mechanism (FiT) is price system based, and second (TGC) quota system based. FiT is utilized in most of European Union countries (18) and TGC in 6 countries, at rest countries of UE there is other system implemented (tax incentives and subsidies). Both systems have a pros and cons - which was introduced in article too - and its efficiency depends on many individuals factors. In comparison to TGC system, FiT system perform better and its more effectiveness as shown analysis.
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Polish
Rynkowe systemy wsparcia odnawialnych źródeł energii - porównanie systemu taryf gwarantowanych z systemem zielonych certyfikatów
system wsparcia, odnawialne źródła energii, system taryf gwarantowanych, system zielonych certyfikatów
W artykule przedstawiono krótką charakterystykę i ocenę systemów wsparcia odnawialnych źródeł energii opartą na dwóch najczęściej stosowanych systemach płatności: systemie taryf gwarantowanych i systemie zielonych certyfikatów. Systemy te są stosowane w większości krajów członkowskich UE, jednak istotne różnice leżące w podejściu przy budowie obu systemów oraz doświadczeniu z ich stosowania wpływają na ich ocenę, co przedstawiono w pracy. Szerszą implementacją cieszą się systemy taryf gwarantowanych, które są wykorzystywane w większości krajów UE, natomiast system zielonych certyfikatów zaledwie w kilku (w tym i w Polsce).
 
REFERENCES (6)
1.
BWE (German Wind Energy Association) 2005 - Minimum price system compared with the quota model - which system is more efficient.
 
2.
ELLIOT D., November-December 2005 - Feed-in or quota? Is REFIT better than the RO? Refocus Volume 6, Issue 6.
 
3.
LUCY B., NEUHOFF K., 2004 - Comparison of Feed in Tariff, Quota and Auction Mechanisms to Support Wind Power Development, University of Cambridge, Department of Applied Economics, CMI Working Paper.
 
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OPTRES, 2007 - Assessment and optimization pof renewable energy support schemes in the European electricity market - Recommendations for implementing effective & efficient renewable electricity policies. Intelligent Energy Europe.
 
5.
SOLIŃSKI B., 2008 - System wsparcia odnawialnych źródeł energii w Polsce na tle systemów stosowanych w krajach Unii Europejskiej, Wydawnictwo AGH, Kraków.
 
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WEA (European Wind Energy Association) 2004 - On the Future of EU Support Systems for the Promotion of Electricity from Renewable Energy Source.
 
ISSN:1429-6675