The Cost of Wind: Negative Economic Effects of Global Wind Energy Development

Dorrell, John; Lee, Keunjae

doi:10.3390/en13143667

Cited by 18 publications

(14 citation statements)

References 121 publications

(278 reference statements)

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“…The real transmission of an approved quantity of energy is then shifted toward the physical layer after the choice on the energy trade parameter is made in virtual layer. The electricity system now imposes strict restrictions on energy interchange across its network (Dorrell and Lee, 2020). As a result, if the virtual layer platform's decision-making process ignores the possible impacts of P2P energy in physical platform, the energy transmission opens a wide range of technological limitations.…”

Section: Physical Layer: P2p Energy Trading Challengesmentioning

confidence: 99%

RETRACTED: Recent Trends, Challenges, and Future Aspects of P2P Energy Trading Platforms in Electrical-Based Networks Considering Blockchain Technology: A Roadmap Toward Environmental Sustainability

et al. 2022

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Peer-to-peer (P2P) energy trading platform is an upcoming energy generation and effective energy managing strategy that rewards proactive customers (acting as prosumers) in which individuals trade energy for products and services. On the other hand, P2P trading is expected to give multiple benefits to the grid in minimizing the peak load demand, energy consumption costs, and eliminating network losses. However, installing P2P energy trading on a broader level in electrical-based networks presents a number of modeling problems in physical and virtual network layers. As a result, this article presents a thorough examination of P2P studies of energy trade literature. An overview is given with the essential characteristics of P2P energy trading and comparatively analyzed with multiple advantages for the utility grid and individual prosumers. The study then addresses the physical and virtual levels that systematically categorize the available research. Furthermore, the technological techniques have been gone through multiple problems that need to overcome for P2P energy trading in electrical networks. Finally, the article concludes with suggestions for further research.

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Section: Physical Layer: P2p Energy Trading Challengesmentioning

confidence: 99%

RETRACTED: Recent Trends, Challenges, and Future Aspects of P2P Energy Trading Platforms in Electrical-Based Networks Considering Blockchain Technology: A Roadmap Toward Environmental Sustainability

et al. 2022

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“…Other important variables to be considered are weather conditions, the regional correlation between them, and their effect on the generation mix. Moreover, regional disparities can be extremely relevant to the social dimension of the problem, as already discussed in the case of employment [94] and property values [95,96].…”

Section: A Regional Perspective Can Bring Additional Benefits To the ...mentioning

confidence: 99%

A Review on the Internalization of Externalities in Electricity Generation Expansion Planning

Costa

Ferreira

2023

Energies

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This work addresses the internalization of externalities in energy decision making and in generation expansion planning (GEP). Although the linkage between externalities and energy is well recognized, the issue of the internalization in GEP models and from a sustainability perspective is still far from being fully explored. A critical literature review is presented, including scientific articles published in the period from 2011 to 2021 and selected from scientific databases according to a set of pre-defined keywords. The literature is vast and quite heterogeneous in the models and methods used to deal with these externalities, and therefore a categorization of these studies was attempted. This categorization was based on the methods used, the geographical scope, the externalities included in the planning model and the strategies for their inclusion. As a result, it was possible to perceive that most studies tend to focus on the internalization of externalities related to CO2 and equivalent emissions from a national perspective. Departing from the critical analysis, pathways for future research were presented, highlighting the need to improve the internalization of social externalities to overcome environmental and economic bias, and also highlighting the importance of recognizing regional specificities and development priorities.

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“…The average global annual growth in the total installed wind power capacity in the last ten years was over 25% per year [4]. The worldwide cumulative installed wind power capacity was 198 GW in 2010, and it passed 600 GW in 2020 [5,6]. There are novel solutions such as high-temperature superconducting generators, novel horizontal/vertical axis wind turbine designs, and unconventional configurations to address the implementation of wind harnessing in low-wind speed areas [4,[7][8][9][10][11][12][13].…”

Section: Literature Reviewmentioning

confidence: 99%

Wind Resource Assessment and Economic Viability of Conventional and Unconventional Small Wind Turbines: A Case Study of Maryland

et al. 2020

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Annual mean wind speed distribution models for power generation based on regional wind resource maps are limited by spatial and temporal resolutions. These models, in general, do not consider the impact of local terrain and atmospheric circulations. In this study, long-term five-year wind data at three sites on the North, East, and West of the Baltimore metropolitan area, Maryland, USA are statistically analyzed. The Weibull probability density function was defined based on the observatory data. Despite seasonal and spatial variability in the wind resource, the annual mean wind speed for all sites is around 3 m/s, suggesting the region is not suitable for large-scale power generation. However, it does display a wind power capacity that might allow for non-grid connected small-scale wind turbine applications. Technical and economic performance evaluations of more than 150 conventional small-scale wind turbines showed that an annual capacity factor and electricity production of 11% and 1990 kWh, respectively, are achievable. It results in a payback period of 13 years. Government incentives can improve the economic feasibility and attractiveness of investments in small wind turbines. To reduce the payback period lower than 10 years, modern/unconventional wind harvesting technologies are found to be an appealing option in this region. Key contributions of this work are (1) highlighting the need for studying the urban physics rather than just the regional wind resource maps for wind development projects in the build-environment, (2) illustrating the implementation of this approach in a real case study of Maryland, and (3) utilizing techno-economic data to determine suitable wind harnessing solutions for the studied sites.

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The Cost of Wind: Negative Economic Effects of Global Wind Energy Development

Cited by 18 publications

References 121 publications

RETRACTED: Recent Trends, Challenges, and Future Aspects of P2P Energy Trading Platforms in Electrical-Based Networks Considering Blockchain Technology: A Roadmap Toward Environmental Sustainability

RETRACTED: Recent Trends, Challenges, and Future Aspects of P2P Energy Trading Platforms in Electrical-Based Networks Considering Blockchain Technology: A Roadmap Toward Environmental Sustainability

A Review on the Internalization of Externalities in Electricity Generation Expansion Planning

Wind Resource Assessment and Economic Viability of Conventional and Unconventional Small Wind Turbines: A Case Study of Maryland

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