IDEAS home Printed from https://ideas.repec.org/a/taf/tcpoxx/v4y2004i4p399-418.html
   My bibliography  Save this article

CDM wind-energy projects: exploring small capacity thresholds and low performances

Author

Listed:
  • Luis Mundaca
  • H�kan Rodhe

Abstract

This article analyses existing small-scale wind farms located in India as hypothetical projects implemented under the Clean Development Mechanism (CDM). It addresses them from three different viewpoints (sustainable development, financial feasibility and institutional conditions), focusing mostly on identifying the smallest capacities and lowest performances at which these cases may become attractive for CDM investors. Although the case studies exhibit the potential to achieve the dual objective of the CDM; based on our estimates of related transaction costs we find that small-scale CDM wind farms that generate a minimum of 3,500-5,000 certified emission reductions (CERs) per year may start to attract the attention of CDM investors, as long as a minimum of just US$5 per CER is obtained and supportive strategies such as project bundling and unilateral implementation model are in place. Lessons from the Indian wind-energy experience indicate that non-Annex I countries interested in attracting the attention of CDM investors for wind-energy projects should undertake domestic efforts to build institutional and human competences capable of supporting both their domestic windenergy markets and the development of CDM wind-energy projects in general. Some policy recommendations are drawn.

Suggested Citation

  • Luis Mundaca & H�kan Rodhe, 2004. "CDM wind-energy projects: exploring small capacity thresholds and low performances," Climate Policy, Taylor & Francis Journals, vol. 4(4), pages 399-418, December.
  • Handle: RePEc:taf:tcpoxx:v:4:y:2004:i:4:p:399-418
    DOI: 10.1080/14693062.2004.9685533
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/14693062.2004.9685533
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/14693062.2004.9685533?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. Iniyan, S & Suganthi, L & Samuel, Anand A, 2001. "A survey of social acceptance in using renewable energy sources for the new millennium," Renewable Energy, Elsevier, vol. 24(3), pages 657-661.
    Full references (including those not matched with items on IDEAS)

    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. Cheng, Shikun & Li, Zifu & Mang, Heinz-Peter & Neupane, Kalidas & Wauthelet, Marc & Huba, Elisabeth-Maria, 2014. "Application of fault tree approach for technical assessment of small-sized biogas systems in Nepal," Applied Energy, Elsevier, vol. 113(C), pages 1372-1381.
    2. Zhao, Dong-Xue & He, Bao-Jie & Johnson, Christine & Mou, Ben, 2015. "Social problems of green buildings: From the humanistic needs to social acceptance," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 1594-1609.
    3. Sidiras, Dimitrios K. & Koukios, Emmanuel G., 2004. "Solar systems diffusion in local markets," Energy Policy, Elsevier, vol. 32(18), pages 2007-2018, December.
    4. Pearce, Joshua M., 2008. "Industrial symbiosis of very large-scale photovoltaic manufacturing," Renewable Energy, Elsevier, vol. 33(5), pages 1101-1108.
    5. Paravantis, John A. & Stigka, Eleni & Mihalakakou, Giouli & Michalena, Evanthie & Hills, Jeremy M. & Dourmas, Vasilis, 2018. "Social acceptance of renewable energy projects: A contingent valuation investigation in Western Greece," Renewable Energy, Elsevier, vol. 123(C), pages 639-651.
    6. Focacci, Antonio, 2009. "Residential plants investment appraisal subsequent to the new supporting photovoltaic economic mechanism in Italy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(9), pages 2710-2715, December.

    More about this item

    Statistics

    Access and download statistics

    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:taf:tcpoxx:v:4:y:2004:i:4:p:399-418. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/tcpo20 .

    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.