Gain without pain: an international case for a tradable green certificates system to foster renewable energy development in Ukraine

Autor: Tetiana Kurbatova, Roman Sidortsov, Iryna Sotnyk, Oleksandr Telizhenko, Tetiana Skibina, Roubik Hynek
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Problems and Perspectives in Management, Vol 17, Iss 3, Pp 464-476 (2019)
Druh dokumentu: article
ISSN: 1727-7051
1810-5467
DOI: 10.21511/ppm.17(3).2019.37
Popis: This paper elaborates on the theoretical and methodological fundamentals of a tradable green certificates system to foster renewable energy development in Ukraine. It proposes a management mechanism premised on the classical market model of tradable green certificates aiming at increasing the share of electricity from renewable energy sources in the country’s energy mix. Organizational stages of the mechanism formation at the national level and a methodological approach to assess green electricity generation cost are developed. The modeling has shown that the annual increase in the cap for green electricity consumption by 1% will raise the electricity tariff by 3%, which is not a significant financial burden for consumers. The proposed changes in the tradable green certificates system can be an effective management tool to achieve the required amount of electricity from renewable energy sources in the country’s total electricity consumption and to foster the development of the Ukrainian renewable energy sector.
Databáze: Directory of Open Access Journals