002. Факультет економічних наук

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Browsing 002. Факультет економічних наук by Author "Batih, Liudmyla"

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    Integrated resilient strategies of renewable power generation and distribution
    (2022) Gorbachuk, Vasyl; Suleimanov, Seit-Bekir; Batih, Liudmyla
    The interaction of the government financial system, the state banking system, and the investment system of renewable photovoltaic (PV) power generation equipment can lead to sustainable strategies of these three parties (including government subsidies and bank loans) in the distributed state PV market depending on its level of development. However, the instability of power output, caused by the variability and changing nature of renewable energy sources, poses challenges for large-scale power dispatch. In addition, the development of the PV industry has been constrained by a long period of return on investment in solar photovoltaics and the need for large initial investments. Household consumers, living in residential premises, are one of the main long-term buyers of electricity and therefore have the potential to become investors in small distributed solar PV installations. Compared to centralized large-scale PV power plants or industrial and commercial PV plants, small-scale residential distributed PV plants have many specific advantages: reduced upfront investment required to build a centralized power plant; reduction of losses on the line caused by the transmission of electricity over long distances; improving the balance between supply and demand for electricity due to limited geographical area. In order to facilitate the resettlement of residents in small dwellings and their transformation into energy consumers of the power system, the government should use appropriate strategic tools to encourage residents to plan investments in PV installations. The important questions are remained: whether government subsidies and bank loans can significantly contribute to dissemination of PV installations at the different levels of PV market development; which evolutionarily stable states will be formed at different development levels of the PV market; how the volume of government subsidies, the share of bank loans, the capacity of PV installations implemented by investors will affect the evolutionary trajectories of the all PV market dimensions and the transformations of various evolutionarily stable states. In order to answer those questions, numerical simulations are to be performed studying evolutionary trajectories at different development levels of the PV market.