Implication of production tax credit on economic dispatch for electricity merchants with storage and wind farms

Liu, Jian; Ou, Meng; Sun, Xiaoying; Chen, Jian; Mi, Chuanmin; Bo, Rui

doi:10.1016/j.apenergy.2021.118318

Cited by 9 publications

(3 citation statements)

References 42 publications

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“…29 In Texas, the impact of wind farm installation was limited in improving the region's finances and citizens’ opportunities, with the exception of a modest increase in current spending. 30 Another figure to consider is tax credits (especially on production) that promote wind advancement, according to results obtained through optimal programming analysis, 31 although depending on the strength of the market they can also cause brakes on promotion. 32 In the field of taxation, Dwyer and Bidwell 33 highlight the importance of analyzing the process of wind farm promotion starting from the defense of the public interest, allowing its participation to integrate common interests and minimize the impact of externalities.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Continued. Study the social acceptance of wind farms, where the option of being shareholders is presented as a corrective element Silva et al (2020)Present a tax reform to be applied to the renewable energy sector, incorporating variables such as the environment, government, consumers, final consumer goods, the energy sector, the fossil energy sector.Brunner et al (2021)The installation of wind farms in Texas had a limited impact on the region's finances JianLiu et al (2022) …”

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confidence: 99%

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Renewable energy taxes and environmental impacts: A critical reflection from the wind tax in Spain

Regueiro-Ferreira

Sampedro

2022

Energy & Environment

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In recent decades, wind energy has undergone significant progress, with the contribution of countries such as China, the United States, Germany and Spain standing out, although there is no single comprehensive model for promoting renewable energy worldwide. In Spain, the regions of Galicia, Castilla-La Mancha and Andalusia have led this process, with significant changes in their contribution depending on the economic situation and the varied legislative framework in force at any given time. Although wind energy is less harmful to the environment, it is not harmless, and environmental impact and its penalisation is one of the key elements in the applicable regulations. In the case of Spain, the three regions mentioned above, out of a total of seventeen, apply their own taxes to tax the environmental impact of wind energy. The aim of this paper is to describe and compare the wind tax applied in the aforementioned regions from 1995 to 2020; to characterise wind taxation socio-economically, and to assess the suitability of this type of taxation to tax the environmental impacts associated with wind energy activity in Spain. The differences in tax treatment are notable and it is observed that the concept of environmental impact has been anchored in the past and, today, older wind farms with less powerful wind turbines are those that bear a greater tax burden, while more modern, more powerful and larger wind farms (with a significant environmental, acoustic and visual impact) may even be exempt from taxation.

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Section: Literature Reviewmentioning

confidence: 99%

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confidence: 99%

Renewable energy taxes and environmental impacts: A critical reflection from the wind tax in Spain

Regueiro-Ferreira

Sampedro

2022

Energy & Environment

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“…Secondly, power grid data is rapidly expanding, while existing storage media is struggling to keep up, leading to the risk of data overflow. Thirdly, power grid scheduling tasks are diverse, with rich scheduling mechanisms and various tasks [14][15][16][17], making it difficult to meet the requirements of high-quality and secure storage. Researchers have proposed conventional real-time data storage methods to address the challenges in multi-task hybrid data storage and scheduling in power grids, including blockchain-based methods and data fusion-based techniques.…”

Section: Introductionmentioning

confidence: 99%

Research on real-time storage of hybrid data for multi-task dispatching of power grid supported by new mining method

Dai,

Zhao,

Tan

et al. 2024

Second International Conference on Informatics, Networking, and Computing (ICINC 2023)

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Conventional real-time storage methods for mixed data of power grid multi-task scheduling mainly use ORACLE RAC cluster to convert the storage format of mixed data, which is easily affected by the high concurrent response of storage, resulting in poor storage hit effect. Therefore, it is necessary to explore new methods to support the design of real-time storage methods for mixed data of power grid multi-task scheduling. This study designed a real-time storage consensus mechanism. Based on this, the real-time data storage algorithm has been updated. The experimental results show that the designed real-time storage method of mixed data for power grid multi-task scheduling has good storage effect, reliability and certain application value, and has made certain contributions to improving the efficiency of power grid multi-task scheduling.

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A bilevel game-theoretic decision-making framework for strategic retailers in both local and wholesale electricity markets

et al. 2023

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Implication of production tax credit on economic dispatch for electricity merchants with storage and wind farms

Cited by 9 publications

References 42 publications

Renewable energy taxes and environmental impacts: A critical reflection from the wind tax in Spain

Renewable energy taxes and environmental impacts: A critical reflection from the wind tax in Spain

Research on real-time storage of hybrid data for multi-task dispatching of power grid supported by new mining method

A bilevel game-theoretic decision-making framework for strategic retailers in both local and wholesale electricity markets

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