Possible Pitfalls In Feed-In Tariff Support Scheme - A Lessons Learnt From PV Boom In the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21230%2F11%3A00184523" target="_blank" >RIV/68407700:21230/11:00184523 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Possible Pitfalls In Feed-In Tariff Support Scheme - A Lessons Learnt From PV Boom In the Czech Republic
Original language description
Methodology of feed-in tariffs (FIT) determination is based on rate of return approach in the Czech Republic. Since the mid. of 2008 many of FIT scheme pitfalls started to occur - e.g. strong lobbyism during reference projects update, limitation of FIT values reduction for new projects leading to inadequately high FIT values, different rate of return on equity capital for different kind of consumers resulting from WACC approach in discount rate determination, absence of any roof for any RES kind, etc. These pitfalls have led to the unexpected development of RES utilization for power generation, boom of PV projects, and enormous increase of cost of support scheme potentially resulting in unacceptable growth of electricity prices. Paper analyses possiblepitfalls of the Czech FIT scheme and discusses effects of these FIT scheme pitfalls on FIT values and to the cost of support scheme.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
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Result continuities
Project
<a href="/en/project/VG20102013060" target="_blank" >VG20102013060: The analysis of potential of biomass utilisation as the domestic and strategic source to secure energy needs in critical situations</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2011
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 6th International Scientific Symposium on Electrical Power Engineering
ISBN
978-80-553-0724-4
ISSN
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e-ISSN
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Number of pages
4
Pages from-to
384-387
Publisher name
Technická univerzita v Košiciach
Place of publication
Košice
Event location
Stará Lesná
Event date
Sep 21, 2011
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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