Is the success of clean energy guaranteed?

Duić, Neven (2015) Is the success of clean energy guaranteed? = Is the success of clean energy guaranteed? Clean Technologies and Environmental Policy, 17 (8). pp. 2093-2100. ISSN 1618-954X. Vrsta rada: ["eprint_fieldopt_article_type_article" not defined]. Kvartili JCR: Q2 (2015). Točan broj autora: 1.

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We are witnessing a huge growth of clean energy technologies during the last 15 years, spearheaded by government policies. Can this growth be sustained through challenges of economic crisis, the complications of achieving higher penetration of variable renewables, and high socioeconomic costs of slowly winding down fossil fuel sector? This paper will argue that the clean technologies are now technically and economically viable with much lower level of support and that new financial mechanisms built on grid parity and hourly markets will enable the continuation of the transition process. Policies should now be directed towards decreasing fossil fuel subsidies and other barriers to renewables. Also, the technologies needed to enable the increase of penetration of variable renewables, such as flexible combined and Rankine cycle power plants, and smart energy systems based on demand side management, including through the integration of power, heat, water, and transport systems, are now at various levels of readiness. The integration will slowly enable the transition from a power system in which supply is following demand to a power system in which demand is following variable supply. The main issue will be the growing opposition from fossil fuels sectors, which are starting to be hurt by the new technologies.

Item Type: Article (["eprint_fieldopt_article_type_article" not defined])
Keywords (Croatian): Energy transition, Renewable energy, Smart energy systems, Integration of energy systems, Transport system, Water supply system
Divisions: 500 Department of Energy, Power Engineering and Environment > 510 Power Engineering and Energy Management Chair
Indexed in Web of Science: Yes
Indexed in Current Contents: No
Quartiles: Q2 (2015)
Date Deposited: 05 Apr 2016 10:58
Last Modified: 24 Mar 2017 13:48

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