Author :
Barroso, Luiz A. ; Rudnick, Hugh ; Sensfuss, Frank ; Linares, Pedro
Author_Institution :
PSR, Rio de Janeiro, Brazil
Abstract :
This article contributes to the discussion by assessing some general market and economic impacts of renewable generation in some electricity markets in Spain, Germany and Latin America. The need to diversify away from fossil fuel generation due to concerns over energy security, fuel price volatility, and the climate challenge is driving the deployment of nonconventional renewable (wind, small hydro, solar, tidal, geothermal, and in some cases waste) or "green" energy worldwide.
Keywords :
geothermal power stations; power generation economics; power markets; solar power stations; sustainable development; tidal power stations; wind power plants; Germany; Latin America; Spain; climate challenge; economic impacts; energy security; fuel price volatility; geothermal power generation; green energy; hydropower generation; renewable energy generation; solar power generation; sustainable power markets; tidal power generation; wind power generation; Energy consumption; Green design; Meteorology; Power generation planning; Power system economics; Renewable energy resources; Wind power generation;
Journal_Title :
Power and Energy Magazine, IEEE
DOI :
10.1109/MPE.2010.937595
