IDEAS home Printed from https://ideas.repec.org/a/eee/appene/v182y2016icp602-612.html
   My bibliography  Save this article

A bibliometric analysis based review on wind power price

Author

Listed:
  • Gao, Cuixia
  • Sun, Mei
  • Geng, Yong
  • Wu, Rui
  • Chen, Wei

Abstract

With the increasing negative effects of fossil fuel combustion, many countries have paid more attention on supporting environmentally friendly energy generation, particularly renewable and sustainable energy sources (RES). However, renewables still cannot economically compete with fossil-fuels and are facing new challenges. Appropriate electricity pricing mechanism plays a vital role on mitigating the stress of limited fossil fuels and can promote renewable energy consumption. As one major type of renewable energy, wind power has been globally promoted. In order to promote the application of wind power, appropriate wind power prices (WPP) should be established by considering the local conditions. This paper targets such a field and conducts a bibliometric and network analysis based on the data from Scopus. The results show that the numbers of total related publications are gradually increasing, with the US as the leading country. European countries also have outstanding achievements. Moreover, both the most cited articles and keywords distribution offer future research directions. In general, this study provides valuable insights to both wind power researchers and practitioners.

Suggested Citation

  • Gao, Cuixia & Sun, Mei & Geng, Yong & Wu, Rui & Chen, Wei, 2016. "A bibliometric analysis based review on wind power price," Applied Energy, Elsevier, vol. 182(C), pages 602-612.
    • Handle: RePEc:eee:appene:v:182:y:2016:i:c:p:602-612
    DOI: 10.1016/j.apenergy.2016.08.144
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0306261916312533
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.apenergy.2016.08.144?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Kroniger, Daniel & Madlener, Reinhard, 2014. "Hydrogen storage for wind parks: A real options evaluation for an optimal investment in more flexibility," Applied Energy, Elsevier, vol. 136(C), pages 931-946.
    2. McKenna, R. & Hollnaicher, S. & Fichtner, W., 2014. "Cost-potential curves for onshore wind energy: A high-resolution analysis for Germany," Applied Energy, Elsevier, vol. 115(C), pages 103-115.
    3. Aitken, Mhairi, 2010. "Wind power and community benefits: Challenges and opportunities," Energy Policy, Elsevier, vol. 38(10), pages 6066-6075, October.
    4. Chen, Huaqi & Ho, Yuh-Shan, 2015. "Highly cited articles in biomass research: A bibliometric analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 12-20.
    5. Wang, Qi & Zhang, Chunyu & Ding, Yi & Xydis, George & Wang, Jianhui & Østergaard, Jacob, 2015. "Review of real-time electricity markets for integrating Distributed Energy Resources and Demand Response," Applied Energy, Elsevier, vol. 138(C), pages 695-706.
    6. Keles, Dogan & Genoese, Massimo & Möst, Dominik & Ortlieb, Sebastian & Fichtner, Wolf, 2013. "A combined modeling approach for wind power feed-in and electricity spot prices," Energy Policy, Elsevier, vol. 59(C), pages 213-225.
    7. Zhao, Zhen-Yu & Li, Zhi-Wei & Xia, Bo, 2014. "The impact of the CDM (clean development mechanism) on the cost price of wind power electricity: A China study," Energy, Elsevier, vol. 69(C), pages 179-185.
    8. Ueckerdt, Falko & Brecha, Robert & Luderer, Gunnar, 2015. "Analyzing major challenges of wind and solar variability in power systems," Renewable Energy, Elsevier, vol. 81(C), pages 1-10.
    9. Gao, Cuixia & Sun, Mei & Shen, Bo, 2015. "Features and evolution of international fossil energy trade relationships: A weighted multilayer network analysis," Applied Energy, Elsevier, vol. 156(C), pages 542-554.
    10. Chaves-Ávila, J.P. & Hakvoort, R.A. & Ramos, A., 2014. "The impact of European balancing rules on wind power economics and on short-term bidding strategies," Energy Policy, Elsevier, vol. 68(C), pages 383-393.
    11. Shargh, S. & Khorshid ghazani, B. & Mohammadi-ivatloo, B. & Seyedi, H. & Abapour, M., 2016. "Probabilistic multi-objective optimal power flow considering correlated wind power and load uncertainties," Renewable Energy, Elsevier, vol. 94(C), pages 10-21.
    12. Garcia-Heller, Veronica & Espinasa, Ramón & Paredes, Stephan, 2016. "Forecast study of the supply curve of solar and wind technologies in Argentina, Brazil, Chile and Mexico," Renewable Energy, Elsevier, vol. 93(C), pages 168-179.
    13. Hirth, Lion, 2013. "The market value of variable renewables," Energy Economics, Elsevier, vol. 38(C), pages 218-236.
    14. Mao, Guozhu & Liu, Xi & Du, Huibin & Zuo, Jian & Wang, Linyuan, 2015. "Way forward for alternative energy research: A bibliometric analysis during 1994–2013," Renewable and Sustainable Energy Reviews, Elsevier, vol. 48(C), pages 276-286.
    15. Bolinger, Mark & Wiser, Ryan, 2009. "Wind power price trends in the United States: Struggling to remain competitive in the face of strong growth," Energy Policy, Elsevier, vol. 37(3), pages 1061-1071, March.
    16. Harborne, Paul & Hendry, Chris, 2009. "Pathways to commercial wind power in the US, Europe and Japan: The role of demonstration projects and field trials in the innovation process," Energy Policy, Elsevier, vol. 37(9), pages 3580-3595, September.
    17. Dincer, Furkan, 2011. "The analysis on wind energy electricity generation status, potential and policies in the world," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(9), pages 5135-5142.
    18. Finn, Paddy & Fitzpatrick, Colin, 2014. "Demand side management of industrial electricity consumption: Promoting the use of renewable energy through real-time pricing," Applied Energy, Elsevier, vol. 113(C), pages 11-21.
    19. Jamil, M. & Ahmad, Farzana & Jeon, Y.J., 2016. "Renewable energy technologies adopted by the UAE: Prospects and challenges – A comprehensive overview," Renewable and Sustainable Energy Reviews, Elsevier, vol. 55(C), pages 1181-1194.
    20. Benth, Fred Espen & Saltyte Benth, Jurate, 2009. "Dynamic pricing of wind futures," Energy Economics, Elsevier, vol. 31(1), pages 16-24, January.
    21. Pinson, P. & Girard, R., 2012. "Evaluating the quality of scenarios of short-term wind power generation," Applied Energy, Elsevier, vol. 96(C), pages 12-20.
    22. Vilim, Michael & Botterud, Audun, 2014. "Wind power bidding in electricity markets with high wind penetration," Applied Energy, Elsevier, vol. 118(C), pages 141-155.
    23. Tascikaraoglu, A. & Uzunoglu, M. & Vural, B. & Erdinc, O., 2011. "Power quality assessment of wind turbines and comparison with conventional legal regulations: A case study in Turkey," Applied Energy, Elsevier, vol. 88(5), pages 1864-1872, May.
    24. Munksgaard, Jesper & Morthorst, Poul Erik, 2008. "Wind power in the Danish liberalised power market--Policy measures, price impact and investor incentives," Energy Policy, Elsevier, vol. 36(10), pages 3940-3947, October.
    25. Hu, Yanlong & Huang, Weibin & Wang, Jing & Chen, Shijun & Zhang, Jie, 2016. "Current status, challenges, and perspectives of Sichuan׳s renewable energy development in Southwest China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 1373-1385.
    26. He, Yongxiu & Pang, Yuexia & Zhang, Jixiang & Xia, Tian & Zhang, Ting, 2015. "Feed-in tariff mechanisms for large-scale wind power in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 9-17.
    27. Feng Zhou & Huai-Cheng Guo & Yuh-Shan Ho & Chao-Zhong Wu, 2007. "Scientometric analysis of geostatistics using multivariate methods," Scientometrics, Springer;Akadémiai Kiadó, vol. 73(3), pages 265-279, December.
    28. Bhutto, Abdul Waheed & Bazmi, Aqeel Ahmed & Zahedi, Gholamreza, 2013. "Greener energy: Issues and challenges for Pakistan—wind power prospective," Renewable and Sustainable Energy Reviews, Elsevier, vol. 20(C), pages 519-538.
    29. Mao, Guozhu & Zou, Hongyang & Chen, Guanyi & Du, Huibin & Zuo, Jian, 2015. "Past, current and future of biomass energy research: A bibliometric analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1823-1833.
    30. Fant, Charles & Gunturu, Bhaskar & Schlosser, Adam, 2016. "Characterizing wind power resource reliability in southern Africa," Applied Energy, Elsevier, vol. 161(C), pages 565-573.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hache, Emmanuel & Palle, Angélique, 2019. "Renewable energy source integration into power networks, research trends and policy implications: A bibliometric and research actors survey analysis," Energy Policy, Elsevier, vol. 124(C), pages 23-35.
    2. Rahim Zahedi & Alireza Zahedi & Abolfazl Ahmadi, 2022. "Strategic Study for Renewable Energy Policy, Optimizations and Sustainability in Iran," Sustainability, MDPI, vol. 14(4), pages 1-29, February.
    3. Wang, Jianzhou & Dong, Yunxuan & Zhang, Kequan & Guo, Zhenhai, 2017. "A numerical model based on prior distribution fuzzy inference and neural networks," Renewable Energy, Elsevier, vol. 112(C), pages 486-497.
    4. Qiang Zhou & Jin Pei & Josiah Poon & Alexander Y Lau & Li Zhang & Yuhua Wang & Chang Liu & Linfang Huang, 2019. "Worldwide research trends on aristolochic acids (1957–2017): Suggestions for researchers," PLOS ONE, Public Library of Science, vol. 14(5), pages 1-23, May.
    5. Zhou, Xiaoyang & Wei, Xiaoya & Lin, Jun & Tian, Xin & Lev, Benjamin & Wang, Shouyang, 2021. "Supply chain management under carbon taxes: A review and bibliometric analysis," Omega, Elsevier, vol. 98(C).
    6. Rogério Marques & Fábio Matos Fernandes & Marcelo Santana Silva & Luís Oscar Martins & Francisco Gaudêncio Mendonça Freires, 2023. "Analysis of Competitiveness Factors of Wind Power: A Case study in the Alto Sertão Wind Complex in the State of Bahia, Brazil," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 153-169, November.
    7. Artigao, Estefania & Martín-Martínez, Sergio & Honrubia-Escribano, Andrés & Gómez-Lázaro, Emilio, 2018. "Wind turbine reliability: A comprehensive review towards effective condition monitoring development," Applied Energy, Elsevier, vol. 228(C), pages 1569-1583.
    8. Mejia, Cristian & Kajikawa, Yuya, 2020. "Emerging topics in energy storage based on a large-scale analysis of academic articles and patents," Applied Energy, Elsevier, vol. 263(C).
    9. Tat Dat Bui & Mohd Helmi Ali & Feng Ming Tsai & Mohammad Iranmanesh & Ming-Lang Tseng & Ming K Lim, 2020. "Challenges and Trends in Sustainable Corporate Finance: A Bibliometric Systematic Review," JRFM, MDPI, vol. 13(11), pages 1-26, October.
    10. Hernández-Escobedo, Quetzalcoatl & Perea-Moreno, Alberto-Jesús & Manzano-Agugliaro, Francisco, 2018. "Wind energy research in Mexico," Renewable Energy, Elsevier, vol. 123(C), pages 719-729.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zerrahn, Alexander, 2017. "Wind Power and Externalities," Ecological Economics, Elsevier, vol. 141(C), pages 245-260.
    2. Wenjie Zhang & Hongping Yuan, 2019. "A Bibliometric Analysis of Energy Performance Contracting Research from 2008 to 2018," Sustainability, MDPI, vol. 11(13), pages 1-23, June.
    3. Karakoyun, Ece Cigdem & Avci, Harun & Kocaman, Ayse Selin & Nadar, Emre, 2023. "Deviations from commitments: Markov decision process formulations for the role of energy storage," International Journal of Production Economics, Elsevier, vol. 255(C).
    4. Dillig, Marius & Jung, Manuel & Karl, Jürgen, 2016. "The impact of renewables on electricity prices in Germany – An estimation based on historic spot prices in the years 2011–2013," Renewable and Sustainable Energy Reviews, Elsevier, vol. 57(C), pages 7-15.
    5. Xiao, Yunpeng & Wang, Xifan & Wang, Xiuli & Dang, Can & Lu, Ming, 2016. "Behavior analysis of wind power producer in electricity market," Applied Energy, Elsevier, vol. 171(C), pages 325-335.
    6. Würzburg, Klaas & Labandeira, Xavier & Linares, Pedro, 2013. "Renewable generation and electricity prices: Taking stock and new evidence for Germany and Austria," Energy Economics, Elsevier, vol. 40(S1), pages 159-171.
    7. Hirth, Lion & Ueckerdt, Falko, 2013. "Redistribution effects of energy and climate policy: The electricity market," Energy Policy, Elsevier, vol. 62(C), pages 934-947.
    8. Busiswe Skosana & Mukwanga W. Siti & Nsilulu T. Mbungu & Sonu Kumar & Willy Mulumba, 2023. "An Evaluation of Potential Strategies in Renewable Energy Systems and Their Importance for South Africa—A Review," Energies, MDPI, vol. 16(22), pages 1-27, November.
    9. Imran, Muhammad & Haglind, Fredrik & Asim, Muhammad & Zeb Alvi, Jahan, 2018. "Recent research trends in organic Rankine cycle technology: A bibliometric approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P1), pages 552-562.
    10. Boccard, Nicolas, 2010. "Economic properties of wind power: A European assessment," Energy Policy, Elsevier, vol. 38(7), pages 3232-3244, July.
    11. Höltinger, Stefan & Salak, Boris & Schauppenlehner, Thomas & Scherhaufer, Patrick & Schmidt, Johannes, 2016. "Austria's wind energy potential – A participatory modeling approach to assess socio-political and market acceptance," Energy Policy, Elsevier, vol. 98(C), pages 49-61.
    12. Kyritsis, Evangelos & Andersson, Jonas & Serletis, Apostolos, 2017. "Electricity prices, large-scale renewable integration, and policy implications," Energy Policy, Elsevier, vol. 101(C), pages 550-560.
    13. Harrison-Atlas, Dylan & Murphy, Caitlin & Schleifer, Anna & Grue, Nicholas, 2022. "Temporal complementarity and value of wind-PV hybrid systems across the United States," Renewable Energy, Elsevier, vol. 201(P1), pages 111-123.
    14. Carreiro, Andreia M. & Jorge, Humberto M. & Antunes, Carlos Henggeler, 2017. "Energy management systems aggregators: A literature survey," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 1160-1172.
    15. Coninx, Kristof & Deconinck, Geert & Holvoet, Tom, 2018. "Who gets my flex? An evolutionary game theory analysis of flexibility market dynamics," Applied Energy, Elsevier, vol. 218(C), pages 104-113.
    16. Díaz, Guzmán & Moreno, Blanca & Coto, José & Gómez-Aleixandre, Javier, 2015. "Valuation of wind power distributed generation by using Longstaff–Schwartz option pricing method," Applied Energy, Elsevier, vol. 145(C), pages 223-233.
    17. Brian Rivard and Adonis Yatchew, 2016. "Integration of Renewables into the Ontario Electricity System," The Energy Journal, International Association for Energy Economics, vol. 0(Bollino-M).
    18. Lynch & John Curtis, 2016. "The effects of wind generation capacity on electricity prices and generation costs: a Monte Carlo analysis," Applied Economics, Taylor & Francis Journals, vol. 48(2), pages 133-151, January.
    19. Bauwens, Thomas & Devine-Wright, Patrick, 2018. "Positive energies? An empirical study of community energy participation and attitudes to renewable energy," Energy Policy, Elsevier, vol. 118(C), pages 612-625.
    20. Kitzing, Lena, 2014. "Risk implications of renewable support instruments: Comparative analysis of feed-in tariffs and premiums using a mean–variance approach," Energy, Elsevier, vol. 64(C), pages 495-505.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:appene:v:182:y:2016:i:c:p:602-612. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/405891/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.