Have a personal or library account? Click to login
Impact of Financing Instruments and Strategies on the Wind Power Production Costs: A Case of Lithuania Cover

Impact of Financing Instruments and Strategies on the Wind Power Production Costs: A Case of Lithuania

Latvian Journal of Physics and Technical Sciences
Volume 55 (2018): Issue 2 (April 2018)
By: V. Bobinaite and  I. Konstantinaviciute  
Open Access
|May 2018

References

  1. 1. Laboratory of Energy Systems Research at Lithuanian Energy Institute. (2015). Draft of Lithuanian National Energy Strategy. [Online]. Available at http://www.lei.lt/_img/_up/File/atvir/2016/NES/NES_projektas_(Versija_viesoms_diskusijoms)-2015.12.16.pdf.
    Search in Google ScholarBack to article
  2. 2. Norvaiša, E., & Galinis, A. (2016). Future of Lithuanian energy system: Electricity import or local generation? Energy Strategy Reviews, 10, 29–39.10.1016/j.esr.2016.03.001
    Search in Google ScholarBack to article
  3. 3. European Commission. (2011). Energy roadmap 2050. [Online]. Available at http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52011DC0885&from=EN.
    Search in Google ScholarBack to article
  4. 4. Bobinaite, V., & Priedite, I. (2015). RES-E support policies in the Baltic States: Development aspect (part 1). Latvian Journal of Physics and Technical Sciences, 52, 3–14.10.1515/lpts-2015-0001
    Search in Google ScholarBack to article
  5. 5. Eurostat. (2016). Database of Environment and Energy. [Online]. Available at http://ec.europa.eu/eurostat/statistics-explained/index.php/File:Table_3-Share_of_electricity_from_renewable_sources_in_gross_electricity_consumption_2004-2016.png.
    Search in Google ScholarBack to article
  6. 6. European Parliament and of the Council. (2009). Directive 2009/28/EC on the promotion of the use of energy from renewable sources and amending and subsequently repealing directives 2001/77/EC and2003/30/EC. [Online]. Available at http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:32009L0028&from=EN.
    Search in Google ScholarBack to article
  7. 7. Parliament of Lithuania. (2009). Law on Renewable Energy Sources. [Online]. Available at http://www3.lrs.lt/pls/inter3/dokpaieska.showdoc_l?p_id=478609.
    Search in Google ScholarBack to article
  8. 8. Lithuanian Transmission System Operator. (2016). Services. [Online]. Available at http://www.litgrid.eu/index.php/paslaugos/paslaugos/511.
    Search in Google ScholarBack to article
  9. 9. Lithuanian Statistics. (2018). Consumption and production of renewable energy sources. [Online]. Available at https://osp.stat.gov.lt/statistiniu-rodikliu-analize?theme=all#/.
    Search in Google ScholarBack to article
  10. 10. Zailskaite, D. (2017). Do we have enough wind power plants? [Online]. Available at http://lsveikata.lt/sveika-visuomene/ar-vejo-jegainiu-turime-uztektinai-6012.
    Search in Google ScholarBack to article
  11. 11. National Control Commission for Energy and Prices. (2018). Renewable energy. [Online]. Available at http://www.regula.lt/atsinaujinantys-istekliai/Puslapiai/default.aspx.
    Search in Google ScholarBack to article
  12. 12. Lithuanian Environmental Investment Fund. (2016). Support to business. [Online]. Available at http://www.laaif.lt/lt/#.
    Search in Google ScholarBack to article
  13. 13. EU Structural Funds 2014–2020. [Online]. Available at http://www.esinvesticijos.lt/.
    Search in Google ScholarBack to article
  14. 14. Bank of Lithuania. (2017). Database of interest rates. [Online]. Available at http://www.lb.lt/pinigu_finansiniu_instituciju_paskolu_ir_indeliu_palukanu_normu_statistika.
    Search in Google ScholarBack to article
  15. 15. International Renewable Energy Agency. (2012). Renewable Energy Technologies: Cost Analysis Series. 2012, 1 (5/5). [Online]. Available at https://www.irena.org/documentdownloads/publications/re_technologies_cost_analysis-wind_power.pdf.
    Search in Google ScholarBack to article
  16. 16. Keith, M., Sunderland, K.M., Narayana, M., Putrus, G., Conlon, M.F., & McDonald, S. (2016). The cost of energy associated with micro wind generation: International case studies of rural and urban installations. Energy, 109, 818–829.10.1016/j.energy.2016.05.045
    Search in Google ScholarBack to article
  17. 17. Ragnarsson, B.F., Oddsson, G.V., Unnthorsson, R., & Hrafnkelsson, B. (2015). Leve-lized cost of energy analysis of a wind power generation system at Búrfellin Iceland. Energies, 8, 9464–9485.10.3390/en8099464
    Search in Google ScholarBack to article
  18. 18. U.S. Energy Information Administration. (2015). Levelized Cost and Levelized Avoided Cost of New Generation Resources in the Annual Energy Outlook 2015. [Online]. Available at https://www.eia.gov/forecasts/aeo/pdf/electricity_generation.pdf.
    Search in Google ScholarBack to article
  19. 19. Sagatauskas, A. (2014). Vėjo energetika Lietuvoje pasiekė plėtros ribas? [Online]. Available at http://www.delfi.lt/verslas/energetika/a-sagatauskas-vejo-energetika-lietuvoje-pasieke-pletros-ribas.d?id=65505856.
    Search in Google ScholarBack to article
  20. 20. Investment into solar and wind power plants in Lithuania = Investicijos į saulės ir vėjo jėgaines Lietuvoje. 2010. [Online]. Available at https://roslekas.wordpress.com/category/vejo-energija-2/.
    Search in Google ScholarBack to article
  21. 21. Misevičienė, R. (2010). Vėjo elektrinių plėtrai daug stabdžių. [Online]. Available at http://www.mokslasirtechnika.lt/mokslo-naujienos/v-jo-elektrini-pl-trai-yra-daug-stabdzi.html.
    Search in Google ScholarBack to article
  22. 22. National Energy Forum. (2009). Vėjas - neišsenkantis energijos šaltinis. [Online]. Available at http://www.nefas.eu/news-cat-lt-1/188-vjas-neisenkantis-energijos-a.
    Search in Google ScholarBack to article
  23. 23. Naujoji Ranga. (2009). Calculator of investments into wind power plants. [Online]. Available at http://www.jegaines.lt/index.php?lang=lt&page=skaiciuokle_komercines.
    Search in Google ScholarBack to article
  24. 24. Vėjų spektras. (2012). “Vėjų spektras” pradeda eksploatuoti naują vėjo elektrinių parką. [Online]. Available at http://www.vejuspektras.lt/blog/2012/11/13/veju-spektras-pradeda-eksplotuoti-nauja-vejo-elektriniu-parka-2/#.
    Search in Google ScholarBack to article
  25. 25. Jockus, A. (2015). Vėjo jėgainės kelsis į Rytų Lietuvą. [Online]. Available at http://lzinios.lt/lzinios/Ekonomika/vejo-parkai-kelsis-i-rytu-lietuva/210172.
    Search in Google ScholarBack to article
  26. 26. Sabaliauskas, L. (2014). “Renergos” vadovas Linas Sabaliauskas: vėjo jėgainė – patikimesnė už atominę elektrinę. [Online]. Available at http://www.15min.lt/verslas/naujiena/energetika/dvejus-metus-jura-tiriancios-renergos-vadovas-dar-nezino-ar-statys-juriniu-vejo-jegainiu-parka-664-457074.
    Search in Google ScholarBack to article
  27. 27. Global Wind Energy Council. (2014). Global wind energy outlook 2014. [Online]. Available at http://www.gwec.net/wp-content/uploads/2014/10/GWEO2014_WEB.pdf.
    Search in Google ScholarBack to article
  28. 28. National Control Commission for Energy and Prices. (2017). Archive of the auctions. [Online]. Available at http://www.regula.lt/atsinaujinantys-istekliai/Puslapiai/aukcionai/aukcionu-archyvas.aspx.
    Search in Google ScholarBack to article
  29. 29. Programme for Investment Actions of EU Funds during 2014–2020. 2014. [Online]. Available at file:///C:/Users/Viktorija/Downloads/2014-2020%20m.%20ES%20fondÅ3%20investicijÅ3%20veiksmÅ3%20programa_2%20(1).pdf.
    Search in Google ScholarBack to article
  30. 30. Minister of Environment. (2016). Regarding Approvement of Financial Plan for the Special Programme of Climate Change 2016. [Online]. Available at http://www.laaif.lt/lt/klimato-kaitos-specialioji-programa/klimato-kaitos-specialiosios-programos-lesu-naudojimo-samatos/.
    Search in Google ScholarBack to article
  31. 31. Bobinaite, V., & Tarvydas, D. (2014). Financing instruments and channels for the increasing production and consumption of renewable energy: Lithuanian case. Renewable and Sustainable Energy Reviews, 38, 259–276.10.1016/j.rser.2014.05.039
    Search in Google ScholarBack to article
  32. 32. Orion Alternative Energy Fund. (2015). Documents of Orion Alternative Energy Fund. [Online]. Available at http://am.orion.lt/fund/orion-alternative-energy-fund/#viewThree.
    Search in Google ScholarBack to article
  33. 33. Markevičienė, E. (2015). Vėjo elektra kryžkelėje: ar reikia daugiau, ar jau užtenka. [Online]. Available at http://vz.lt/archive/article/2015/4/6/vejo-elektra-kryzkeleje-ar-reikia-daugiau-ar-jau-uztenka.
    Search in Google ScholarBack to article
  34. 34. Asia-Pacific Energy Sector Update: Financing Renewable Energy Projects. (2016). [Online]. Available at https://www.dlapiper.com/~/media/Files/Insights/Publications/2015/07/Financing%20renewable%20energy%20projects%2020%20July%202015.pdf.
    Search in Google ScholarBack to article
  35. 35. Fried, R. (2015). The World Bank’s latest Green Bond is its biggest. [Online]. Available at https://www.greenbiz.com/article/green-new-gold-world-banks-latest-green-bond-its-biggest.
    Search in Google ScholarBack to article
  36. 36. Nasdaq Stock Exchanges in the Baltic States. Statistics of bonds. (2016). [Online]. Available athttp://www.nasdaqbaltic.com/market/?pg=details&instrument=LV0000801777&list=1&price=1.
    Search in Google ScholarBack to article
  37. 37. Latvenergo. (2015). Latvenergo – Green Bond Framework. [Online]. Available at http://www.latvenergo.lv/files/news/Green%20Bond%20Framework_28.04.2015.pdf.
    Search in Google ScholarBack to article
  38. 38. Bobinaite, V. (2015). Financial sustainability of wind electricity sectors in the Baltic States. Renewable and Sustainable Energy Reviews, 47, 794–815.10.1016/j.rser.2015.03.088
    Search in Google ScholarBack to article
  39. 39. Noothout, P., de Jager, D., Tesnière, L., van Rooijen, S., Karypidis, N., Brückmann, … Resch, G. (2016). The impact of risks in renewable energy investments and the role of smart policies. [Online]. Available at http://www.diacore.eu/images/files2/WP3-Final%20Report/diacore-2016-impact-of-risk-in-res-investments.pdf.
    Search in Google ScholarBack to article
  40. 40. Justice, S. (2009). Private financing of renewable energy – A guide for policymakers. [Online]. Available at http://sefi.unep.org/fileadmin/media/sefi/docs/publications/Finance_guide_FINAL-.pdf.
    Search in Google ScholarBack to article
  41. 41. World Energy Council. (2013). World energy perspective: Cost of energy technologies. [Online]. Available at https://www.worldenergy.org/wp-content/uploads/2013/09/WEC_J1143_CostofTECHNOLOGIES_021013_WEB_Final.pdf.
    Search in Google ScholarBack to article
  42. 42. Short, W., Packey, D.J., & Holt, T. (1995). A Manual for the Economic Evaluation of Energy Efficiency and Renewable Energy Technologies. [Online]. Available at http://www.nrel.gov/docs/legosti/old/5173.pdf.10.2172/35391
    Search in Google ScholarBack to article
  43. 43. Energinet.dk (2013). Energinet.dk’s analysis assumptions 2013–2035. [Online]. Available at https://www.energinet.dk/SiteCollectionDocuments/Engelske%20dokumenter/El/Energinet%20dk’s%20analysis%20assumptions%202014-2035%20-%20September%202014.pdf.
    Search in Google ScholarBack to article
DOI: https://doi.org/10.2478/lpts-2018-0009 | Journal eISSN: 2255-8896 | Journal ISSN: 0868-8257
Journal RSS Feed
Language: English
Page range: 11 - 27
Published on: May 19, 2018
Published by: Institute of Physical Energetics
In partnership with: Paradigm Publishing Services
Publication frequency: 6 issues per year
Keywords:
case study,
financing instrument,
financing strategy,
leve-lized cost of energy,
Lithuania,
wind power
Related subjects:
Physics,
Technical and applied physics

© 2018 V. Bobinaite, I. Konstantinaviciute, published by Institute of Physical Energetics
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Previous articleVolume 55 (2018): Issue 2 (April 2018)Next article