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The Sustainable Growth Use of Renewable Energy Based on Spatial Energy Planning

Authors:
Valentinas Klevas
Audrone Kleviene

Keywords: renewable energy, sustainable development, evaluation principles, external benefits

Abstract:
The aim of the research is to apply the approach enabling assessment of external benefit for the use of renewable energy sources, which is usually not assessed for individual projects. Regional programs may be appropriate tools for reducing renewable energy adaptation costs, increasing competitiveness in the market and promoting the development. Support measures must shape uniform technological programs for long-term periods. The sustainable growth of renewable energy is based on the formulated methodology, which enables to achieve maximal benefit with minimal support for beneficiaries as well as for the state. Modified levelized cost of energy method enables analysis of economic benefit for the selected project investor, as well as relates the achieved results to macroeconomic indicators using external parameters. After the evaluation of external benefit for solar, wind, and geothermal energy projects, the results could be interpolated and used for assessment of selected technology or support scheme for wider use in the context of spatial energy planning in urban areas.

Pages: 14 to 19

Copyright: Copyright (c) IARIA, 2018

Publication date: May 20, 2018

Published in: conference

ISSN: 2308-4383

ISBN: 978-1-61208-639-2

Location: Nice, France

Dates: from May 20, 2018 to May 24, 2018