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This paper discusses investment strategies in a microgrid system consisting of cogeneration system and renewable power generation under uncertainty in the natural gas price. Although incentives for introducing distributed energy system increase these days, volatile natural gas prices make its investment in gas fuel distributed generation systems risky. Therefore, it is important to evaluate the risk...
The current feed-in tariff system for renewable energy sources and cogeneration in Croatia stimulates privileged producers exclusively for electricity delivered into the grid, both on transmission and distribution levels. Hence, the electricity consumed on the power plant site is not stimulated by the current feed-in tariff system. Therefore, most privileged producers, in order to receive incentives...
The support of electricity generation from renewable energy sources (RES) and combined heat and power (CHP) has led to increasing penetration levels of distributed generation (DG). Nevertheless, Large-scale connection of DG faces numerous regulatory, economic, social and technological challenges. Distribution networks were not originally designed to accommodate generation. Hence, distribution system...
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