An overview of incentive policies for the expansion of renewable energy generation in electricity power systems and the Brazilian experience

Giancarlo Aquila, Edson de Oliveira Pamplona, Anderson Rodrigo de Queiroz, Paulo Rotela Junior and Marcelo Nunes Fonseca
Authors registered in the RePEc Author Service: Paulo Rotella Junior

Renewable and Sustainable Energy Reviews, 2017, vol. 70, issue C, 1090-1098

Abstract: Energy production from renewable sources is already a reality in many countries, and with that, different strategies for incentivizing investments in renewable energy generation have been proposed and used over the years. In this study, long-term policies that have been applied in several countries, such as feed-in tariffs, shares with commercialization of certificates, auctions, and net metering, are overviewed and discussed. The main advantages and disadvantages of these incentive strategies are emphasized, focusing on applications. Some of these strategies that have already been applied in Brazil are analyzed in greater depth, emphasizing the potentialities and fragilities of these mechanisms observed within the country. Even though it is a country that stands out in relation to other Latin American countries regarding electricity generation from non-hydro renewable sources, Brazil still faces barriers that prevent a utilization compatible with its potential. Moreover, the trend for renewable sources, such as wind and solar power, is to represent an energy capacity reserve to cover hydrological risks and also to contribute to a distributed generation spread through electricity distribution networks.

Keywords: Renewable energy generation; Incentive policies; Electricity power systems; Long-term planning (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (56) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032116310759
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:70:y:2017:i:c:p:1090-1098

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

DOI: 10.1016/j.rser.2016.12.013

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().