IDEAS home Printed from https://ideas.repec.org/a/eee/rensus/v117y2020ics136403211930704x.html
   My bibliography  Save this article

The advanced and moderate-growth development paths for the viability and future growth of small wind energy systems

Author

Listed:
  • Olatayo, Kunle Ibukun
  • Wichers, J. Harry
  • Stoker, Piet W.

Abstract

The government of South Africa initiated the Integrated Resource Plan (IRP) 2010–2030 to redefine the country's energy portfolio and commitment to wind energy development. The document recommended more research in small wind electricity generation as this sector is presently experiencing very little development. Previous studies have identified several limitations to the development of this sector, especially with regards to the available policies and economic performance of the system in the country. In addressing the limitations identified, this study designed two different but complementary development-paths for the viability and future growth of the system. The advanced-growth development path is a market-pull solution expected to stimulate demand increase of the technology and quickly grow the sector. This incentive-oriented solution computed the amount of capital subsidy required by consumers in different locations of the country and projected the market growth of the technology. The moderate-growth development path is a long term solution expected to achieve cost reduction of the system and sustainable growth of the sector. This technology-push measure estimated the capital costs at which the system becomes competitive with other types of electricity-generating technologies, projected the future costs of the system, and estimated the corresponding cumulative capacities of the projected costs.

Suggested Citation

  • Olatayo, Kunle Ibukun & Wichers, J. Harry & Stoker, Piet W., 2020. "The advanced and moderate-growth development paths for the viability and future growth of small wind energy systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 117(C).
  • Handle: RePEc:eee:rensus:v:117:y:2020:i:c:s136403211930704x
    DOI: 10.1016/j.rser.2019.109496
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S136403211930704X
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.rser.2019.109496?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. Goel, Rajeev K. & Ram, Rati, 2001. "Irreversibility of R&D investment and the adverse effect of uncertainty: Evidence from the OECD countries," Economics Letters, Elsevier, vol. 71(2), pages 287-291, May.
    2. Winkler, Harald & Hughes, Alison & Haw, Mary, 2009. "Technology learning for renewable energy: Implications for South Africa's long-term mitigation scenarios," Energy Policy, Elsevier, vol. 37(11), pages 4987-4996, November.
    3. David Popp, 2010. "Innovation and Climate Policy," NBER Working Papers 15673, National Bureau of Economic Research, Inc.
    4. Stokes, Leah C., 2013. "The politics of renewable energy policies: The case of feed-in tariffs in Ontario, Canada," Energy Policy, Elsevier, vol. 56(C), pages 490-500.
    5. Ferioli, F. & Schoots, K. & van der Zwaan, B.C.C., 2009. "Use and limitations of learning curves for energy technology policy: A component-learning hypothesis," Energy Policy, Elsevier, vol. 37(7), pages 2525-2535, July.
    6. Timilsina, Govinda R. & Kurdgelashvili, Lado & Narbel, Patrick A., 2011. "A review of solar energy : markets, economics and policies," Policy Research Working Paper Series 5845, The World Bank.
    7. Simic, Zdenko & Havelka, Juraj George & Bozicevic Vrhovcak, Maja, 2013. "Small wind turbines – A unique segment of the wind power market," Renewable Energy, Elsevier, vol. 50(C), pages 1027-1036.
    8. Parker, Paul, 2008. "Residential solar photovoltaic market stimulation: Japanese and Australian lessons for Canada," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(7), pages 1944-1958, September.
    9. Olatayo, Kunle Ibukun & Wichers, J. Harry & Stoker, Piet W., 2018. "Energy and economic performance of small wind energy systems under different climatic conditions of South Africa," Renewable and Sustainable Energy Reviews, Elsevier, vol. 98(C), pages 376-392.
    10. David Popp, 2010. "Innovation and Climate Policy," Annual Review of Resource Economics, Annual Reviews, vol. 2(1), pages 275-298, October.
    11. Bird, Lori & Bolinger, Mark & Gagliano, Troy & Wiser, Ryan & Brown, Matthew & Parsons, Brian, 2005. "Policies and market factors driving wind power development in the United States," Energy Policy, Elsevier, vol. 33(11), pages 1397-1407, July.
    12. Gross, Robert & Blyth, William & Heptonstall, Philip, 2010. "Risks, revenues and investment in electricity generation: Why policy needs to look beyond costs," Energy Economics, Elsevier, vol. 32(4), pages 796-804, July.
    13. Rickerson, Wilson H. & Sawin, Janet L. & Grace, Robert C., 2007. "If the Shoe FITs: Using Feed-in Tariffs to Meet U.S. Renewable Electricity Targets," The Electricity Journal, Elsevier, vol. 20(4), pages 73-86, May.
    14. Gökçek, Murat & Genç, Mustafa Serdar, 2009. "Evaluation of electricity generation and energy cost of wind energy conversion systems (WECSs) in Central Turkey," Applied Energy, Elsevier, vol. 86(12), pages 2731-2739, December.
    15. Nemet, Gregory F., 2006. "Beyond the learning curve: factors influencing cost reductions in photovoltaics," Energy Policy, Elsevier, vol. 34(17), pages 3218-3232, November.
    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. De Angelis, Paolo & Tuninetti, Marta & Bergamasco, Luca & Calianno, Luca & Asinari, Pietro & Laio, Francesco & Fasano, Matteo, 2021. "Data-driven appraisal of renewable energy potentials for sustainable freshwater production in Africa," Renewable and Sustainable Energy Reviews, Elsevier, vol. 149(C).
    2. Dong, Weiwei & Zhao, Guohua & Yüksel, Serhat & Dinçer, Hasan & Ubay, Gözde Gülseven, 2022. "A novel hybrid decision making approach for the strategic selection of wind energy projects," Renewable Energy, Elsevier, vol. 185(C), pages 321-337.

    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. del Río, Pablo, 2012. "The dynamic efficiency of feed-in tariffs: The impact of different design elements," Energy Policy, Elsevier, vol. 41(C), pages 139-151.
    2. Osmani, Atif & Zhang, Jun & Gonela, Vinay & Awudu, Iddrisu, 2013. "Electricity generation from renewables in the United States: Resource potential, current usage, technical status, challenges, strategies, policies, and future directions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 24(C), pages 454-472.
    3. Andres, Pia, 2022. "Was the trade war justified? Solar PV innovation in Europe and the impact of the ‘China shock’," LSE Research Online Documents on Economics 116945, London School of Economics and Political Science, LSE Library.
    4. Olatayo, Kunle Ibukun & Wichers, J. Harry & Stoker, Piet W., 2018. "Energy and economic performance of small wind energy systems under different climatic conditions of South Africa," Renewable and Sustainable Energy Reviews, Elsevier, vol. 98(C), pages 376-392.
    5. Hernández-Moro, J. & Martínez-Duart, J.M., 2013. "Analytical model for solar PV and CSP electricity costs: Present LCOE values and their future evolution," Renewable and Sustainable Energy Reviews, Elsevier, vol. 20(C), pages 119-132.
    6. Tilmann Rave & Ursula Triebswetter & Johann Wackerbauer, 2013. "Koordination von Innovations-, Energie- und Umweltpolitik," ifo Forschungsberichte, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 61.
    7. Andres, Pia, 2022. "Was the trade war justified? Solar PV innovation in Europe and the impact of the ‘China shock’," LSE Research Online Documents on Economics 116943, London School of Economics and Political Science, LSE Library.
    8. Giovanni Marin & Francesca Lotti, 2017. "Productivity effects of eco-innovations using data on eco-patents," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 26(1), pages 125-148.
    9. 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.
    10. Samadi, Sascha, 2018. "The experience curve theory and its application in the field of electricity generation technologies – A literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 82(P3), pages 2346-2364.
    11. Antonioli, Davide & Mazzanti, Massimiliano, 2017. "Towards a green economy through innovations: The role of trade union involvement," Ecological Economics, Elsevier, vol. 131(C), pages 286-299.
    12. Strupeit, Lars & Neij, Lena, 2017. "Cost dynamics in the deployment of photovoltaics: Insights from the German market for building-sited systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 948-960.
    13. Martin Larsson, 2017. "EU Emissions Trading: Policy-Induced Innovation, or Business as Usual? Findings from Company Case Studies in the Republic of Croatia," Working Papers 1705, The Institute of Economics, Zagreb.
    14. Nemet, Gregory F. & Baker, Erin & Jenni, Karen E., 2013. "Modeling the future costs of carbon capture using experts' elicited probabilities under policy scenarios," Energy, Elsevier, vol. 56(C), pages 218-228.
    15. Alessandra Colombelli & Jackie Krafft & Francesco Quatraro, 2021. "Firms’ growth, green gazelles and eco-innovation: evidence from a sample of European firms," Small Business Economics, Springer, vol. 56(4), pages 1721-1738, April.
    16. Galloway, Emily & Johnson, Erik Paul, 2016. "Teaching an old dog new tricks: Firm learning from environmental regulation," Energy Economics, Elsevier, vol. 59(C), pages 1-10.
    17. Huseynov, Samir & Palma, Marco A., 2018. "Does California’s LCFS Reduce CO2 Emissions?," 2018 Annual Meeting, August 5-7, Washington, D.C. 274200, Agricultural and Applied Economics Association.
    18. Zheng, Cheng & Kammen, Daniel M., 2014. "An innovation-focused roadmap for a sustainable global photovoltaic industry," Energy Policy, Elsevier, vol. 67(C), pages 159-169.
    19. Jang-Hwan Jo & Tae Woo Roh & Seonghoon Kim & Yeo-Chang Youn & Mi Sun Park & Ki Joo Han & Eun Kyung Jang, 2015. "Eco-Innovation for Sustainability: Evidence from 49 Countries in Asia and Europe," Sustainability, MDPI, vol. 7(12), pages 1-16, December.
    20. Emanuele Campiglio & Alessandro Spiganti & Anthony Wiskich, 2023. "Clean Innovation and Heterogeneous Financing Costs," CAMA Working Papers 2023-25, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University, revised Oct 2023.

    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:rensus:v:117:y:2020:i:c:s136403211930704x. 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/600126/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.