Assessing the economic wind power potential in Austria

Viktoria Gass, Johannes Schmidt, Franziska Strauss and Erwin Schmid

Energy Policy, 2013, vol. 53, issue C, 323-330

Abstract: In the European Union, electricity production from wind energy is projected to increase by approximately 16% until 2020. The Austrian energy plan aims at increasing the currently installed wind power capacity from approximately 1GW to 3GW until 2020 including an additional capacity of 700MW until 2015. The aim of this analysis is to assess economically viable wind turbine sites under current feed-in tariffs considering constraints imposed by infrastructure, the natural environment and ecological preservation zones in Austria. We analyze whether the policy target of installing an additional wind power capacity of 700MW until 2015 is attainable under current legislation and developed a GIS based decision system for wind turbine site selection.Results show that the current feed-in tariff of 9.7 ct kWh−1 may trigger an additional installation of 3544MW. The current feed-in tariff can therefore be considered too high as wind power deployment would exceed the target by far. Our results indicate that the targets may be attained more cost-effectively by applying a lower feed-in tariff of 9.1 ct kWh−1. Thus, windfall profits at favorable sites and deadweight losses of policy intervention can be minimized while still guaranteeing the deployment of additional wind power capacities.

Keywords: Wind power potential; Levelized cost of electricity; GIS (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:53:y:2013:i:c:p:323-330

DOI: 10.1016/j.enpol.2012.10.079

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