Resources and Environmental Economics (REE) (ISSN:2630-4457) is an international peer-reviewed journal to discuss, analyze and evaluate the trend of resources economics and environmental economics. With the deterioration of resource shortage and polluted environment, this journal encourages to apply economic theory and method to natural issues. Submissions of original research, review article, commentary, perspective, opinion, as well as critical article in the field addressed would all be welcomed.

Topics of interest include, but are not limited to, the following:
--Resources economics
--Environmental economics
--Sustainable development
--Policy formulation, impact and response
--Management strategies
--Environmental quality indicators
--Modelling and simulation
--Renewable energy commercialization
--Environmental certification and audit

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Vol 3 No 1 (2021)

Published: 2021-01-11

Abstract views: 209   PDF downloads: 37  

Page 218-228

Evaluating net benefits of electricity generating technologies

blankpage Nisal Herath

Typically, the Levelized Cost of Electricity (LCOE) has been used to compare different electricity generation technologies. As LCOE does not account for intermittency and reliability, the updated net benefits methodology has been used. For various electricity generation technologies, with the use of the updated net benefits methodology, the net benefits of avoided emissions benefits, avoided energy cost benefits, avoided capacity cost benefits, energy costs, capacity costs and other costs at a per MW per year basis have been calculated. The results showed that nuclear generation had the highest net benefits in all of the scenarios considered. The net benefits of solar and wind generation increase when high coal and natural gas fuel price and with technological improvement which would increase the capacity factor and decrease the capital costs. Renewable and nuclear generation sources should play a significant role in the future electricity generation mix.

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Muammer Kaya-photo  ISSN: 2630-4457
 Editor-in-Chief: Prof. Muammer Kaya(Turkey)
 Publishing Frequency: Bi-annual
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 Publishing Model:
Open Access