NDLI: Analysis of Carbon Tax as an Incentive Toward Building Sustainable Grid with Renewable Energy Utilization

Content Provider	IEEE Xplore Digital Library
Author	Anzalchi, A. Sarwat, A.
Copyright Year	2015
Abstract	This study presents an analysis of technical and financial viability of hybrid grid/Renewable Energy System (RES) configurations for a neighborhood in Miami. Assessment criteria comprised reduction in net present cost (NPC), cost of energy (COE) and greenhouse gases (GHG). Mat lab® Simulink and the RES software HOMER were utilized as the assessment tool. The modeling is performed based on hourly load data of Miami, south east coast of the USA. Grid connection is required to provide the energy backup and as well to commercialize the system. This research analyses cost efficacy to encourage use of renewable energies, specifically, wind and solar. For this purpose, an evaluation of the Co2 tax level of cost effectiveness of the system is also conducted. Outcomes demonstrate that there is remarkable potential of Co2 mitigation along with COE reduction and sustainable and resilient energy development from employing RES. The results show that there are enough prospects for renewable based DG generation in existence of appropriate policy allocation for GHG emission penalties and Market Price Referent (MPR). Thither is a considerable quantity of literature available on renewable incentives. The focus of the experimental studies is mostly on the comparison of the different supporting action plans and in their advantage to promote the utilization of renewable technologies but not on their cost to reduce Co2 emissions.
Sponsorship	IEEE
Starting Page	103
Ending Page	109
File Size	452399
Page Count	7
File Format	PDF
ISBN	9781479988846
ISSN	21665478
DOI	10.1109/GREENTECH.2015.42
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2015-04-15
Publisher Place	USA
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Renewable energy sources Cost of Energy Wind speed Wind Turbine Global warming Wind turbines Renewable Energy PV Panel MATLAB Co2 tax Load modeling
Content Type	Text
Resource Type	Article

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
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9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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