Gain without pain: an international case for a tradable green certificates system to foster renewable energy development in Ukraine

Kurbatova, Tetiana, Sidortsov, Roman, Sotnyk, Iryna, Telizhenko, Oleksandr, Skibina, Tetiana and Roubík, Hynek (2019) Gain without pain: an international case for a tradable green certificates system to foster renewable energy development in Ukraine. Problems and Perspectives in Management, 17 (3). pp. 464-476. ISSN 1727-7051

[img] PDF - Published Version
Available under License Creative Commons Attribution.

Download (504kB)

Abstract

This paper elaborates on the theoretical and methodological fundamentals of a tradable green certificates system to foster renewable energy development in Ukraine. It proposes a management mechanism premised on the classical market model of tradable green certificates aiming at increasing the share of electricity from renewable energy sources in the country's energy mix. Organizational stages of the mechanism formation at the national level and a methodological approach to assess green electricity generation cost are developed. The modeling has shown that the annual increase in the cap for green electricity consumption by 1% will raise the electricity tariff by 3%, which is not a significant financial burden for consumers. The proposed changes in the tradable green certificates system can be an effective management tool to achieve the required amount of electricity from renewable energy sources in the country's total electricity consumption and to foster the development of the Ukrainian renewable energy sector.

Item Type: Article
Schools and Departments: University of Sussex Business School > SPRU - Science Policy Research Unit
SWORD Depositor: Mx Elements Account
Depositing User: Mx Elements Account
Date Deposited: 16 Dec 2020 10:15
Last Modified: 08 Jan 2021 14:58
URI: http://sro.sussex.ac.uk/id/eprint/95755

View download statistics for this item

📧 Request an update