Solar energy development in households: ways to improve state policy in Ukraine and Latvia
The paper investigates state policy to promote solar energy in Latvia’s and Ukraine’s households. Comparing different approaches to stimulating sectors’ development in both countries, the article evaluates the economic efficiency of solar power plants implementation based on the Levelized Cost of El...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2022-12-01
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| Series: | International Journal of Sustainable Energy |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/14786451.2022.2092106 |
| _version_ | 1797680271369175040 |
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| author | Iryna Sotnyk Tetiana Kurbatova Andra Blumberga Oleksandr Kubatko Oleksandra Kubatko |
| author_facet | Iryna Sotnyk Tetiana Kurbatova Andra Blumberga Oleksandr Kubatko Oleksandra Kubatko |
| author_sort | Iryna Sotnyk |
| collection | DOAJ |
| description | The paper investigates state policy to promote solar energy in Latvia’s and Ukraine’s households. Comparing different approaches to stimulating sectors’ development in both countries, the article evaluates the economic efficiency of solar power plants implementation based on the Levelized Cost of Electricity method and investment projects payback periods. The calculations were performed for solar power plants installed capacities ranging from 1 to 30 kW. The results revealed the fundamental differences in solar energy advancement due to the existing support mechanisms in the countries. While high feed-in tariff rates contribute to the rapid deployment of solar power plants in Ukraine’s, Latvia’s net-metering system hinders solar energy development in households. The research forms recommendations for improving policy by adjusting Ukrainian feed-in tariffs to trends in reducing solar energy costs, introducing solar energy in the Mandatory Procurement Component for Latvia, and applying preferential public financing to solar power plants construction in both states. Highlights State policy to promote solar energy in Ukraine’s and Latvia’s homes is analyzed The economic efficiency of small solar power plants is estimated for both countries Feed-in tariff in Ukraine ensures a quick payback period for solar power projects Net metering in Latvia does not provide investment attractiveness of solar plants Both countries need energy policy changes for balanced solar power development |
| first_indexed | 2024-03-11T23:27:36Z |
| format | Article |
| id | doaj.art-3c27b01831b14d34ac1ff820fa24f0f1 |
| institution | Directory Open Access Journal |
| issn | 1478-6451 1478-646X |
| language | English |
| last_indexed | 2024-03-11T23:27:36Z |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | International Journal of Sustainable Energy |
| spelling | doaj.art-3c27b01831b14d34ac1ff820fa24f0f12023-09-20T10:33:48ZengTaylor & Francis GroupInternational Journal of Sustainable Energy1478-64511478-646X2022-12-0141111623164910.1080/14786451.2022.20921062092106Solar energy development in households: ways to improve state policy in Ukraine and LatviaIryna Sotnyk0Tetiana Kurbatova1Andra Blumberga2Oleksandr Kubatko3Oleksandra Kubatko4Sumy State UniversitySumy State UniversityRiga Technical UniversitySumy State UniversitySumy State UniversityThe paper investigates state policy to promote solar energy in Latvia’s and Ukraine’s households. Comparing different approaches to stimulating sectors’ development in both countries, the article evaluates the economic efficiency of solar power plants implementation based on the Levelized Cost of Electricity method and investment projects payback periods. The calculations were performed for solar power plants installed capacities ranging from 1 to 30 kW. The results revealed the fundamental differences in solar energy advancement due to the existing support mechanisms in the countries. While high feed-in tariff rates contribute to the rapid deployment of solar power plants in Ukraine’s, Latvia’s net-metering system hinders solar energy development in households. The research forms recommendations for improving policy by adjusting Ukrainian feed-in tariffs to trends in reducing solar energy costs, introducing solar energy in the Mandatory Procurement Component for Latvia, and applying preferential public financing to solar power plants construction in both states. Highlights State policy to promote solar energy in Ukraine’s and Latvia’s homes is analyzed The economic efficiency of small solar power plants is estimated for both countries Feed-in tariff in Ukraine ensures a quick payback period for solar power projects Net metering in Latvia does not provide investment attractiveness of solar plants Both countries need energy policy changes for balanced solar power developmenthttp://dx.doi.org/10.1080/14786451.2022.2092106state policyfeed-in tariffhouseholdsnet meteringsolar power plant |
| spellingShingle | Iryna Sotnyk Tetiana Kurbatova Andra Blumberga Oleksandr Kubatko Oleksandra Kubatko Solar energy development in households: ways to improve state policy in Ukraine and Latvia International Journal of Sustainable Energy state policy feed-in tariff households net metering solar power plant |
| title | Solar energy development in households: ways to improve state policy in Ukraine and Latvia |
| title_full | Solar energy development in households: ways to improve state policy in Ukraine and Latvia |
| title_fullStr | Solar energy development in households: ways to improve state policy in Ukraine and Latvia |
| title_full_unstemmed | Solar energy development in households: ways to improve state policy in Ukraine and Latvia |
| title_short | Solar energy development in households: ways to improve state policy in Ukraine and Latvia |
| title_sort | solar energy development in households ways to improve state policy in ukraine and latvia |
| topic | state policy feed-in tariff households net metering solar power plant |
| url | http://dx.doi.org/10.1080/14786451.2022.2092106 |
| work_keys_str_mv | AT irynasotnyk solarenergydevelopmentinhouseholdswaystoimprovestatepolicyinukraineandlatvia AT tetianakurbatova solarenergydevelopmentinhouseholdswaystoimprovestatepolicyinukraineandlatvia AT andrablumberga solarenergydevelopmentinhouseholdswaystoimprovestatepolicyinukraineandlatvia AT oleksandrkubatko solarenergydevelopmentinhouseholdswaystoimprovestatepolicyinukraineandlatvia AT oleksandrakubatko solarenergydevelopmentinhouseholdswaystoimprovestatepolicyinukraineandlatvia |