On-Grid Hybrid Wind–Solar Power Plants in Ukraine’s Residential Sector: Economic Justification of Installation Under Different Support Schemes

Tetiana Kurbatova, Iryna Sotnyk, Tetiana Perederii, Olha Prokopenko (), Bogdan Wit, Uliana Pysmenna and Oleksandra Kubatko
Additional contact information
Tetiana Kurbatova: International Economic Relations Department, Sumy State University, 40007 Sumy, Ukraine
Iryna Sotnyk: Department of Economics, Entrepreneurship and Business Administration, Sumy State University, 40007 Sumy, Ukraine
Tetiana Perederii: International Economic Relations Department, Sumy State University, 40007 Sumy, Ukraine
Olha Prokopenko: Estonian Entrepreneurship University of Applied Sciences, 11415 Tallinn, Estonia
Bogdan Wit: Faculty of Management, Lublin University of Technology, 20-618 Lublin, Poland
Uliana Pysmenna: Department of Economics and Entrepreneurship, National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute”, 03056 Kyiv, Ukraine
Oleksandra Kubatko: Department of Economics, Entrepreneurship and Business Administration, Sumy State University, 40007 Sumy, Ukraine

Energies, 2024, vol. 17, issue 20, 1-19

Abstract: On-grid hybrid wind–solar systems are one of the best sustainable solutions for developing distributed generation, as they can provide a stable and reliable electricity supply, effectively using the potential of the two most common renewable energy resources. In Ukraine, promoting the development of on-grid hybrid wind–solar power plants takes on particular importance under conditions of electricity shortages caused by the large-scale destruction of the energy infrastructure due to the ongoing hostilities. This article examines the economic efficiency of installing such power plants in the residential sector of Ukraine under different state support schemes. This study was conducted for on-grid hybrid wind–solar systems of various configurations and installed capacities with different equity and debt capital proportions involved in implementing investment projects. This study’s results highlight the economic efficiency of the feed-in tariff compared to the net billing for households investing in such facilities and emphasize the need to improve policy measures to increase their investment attractiveness.

Keywords: on-grid hybrid wind–solar power plants; renewable energy; residential sector; feed-in tariff; net billing; energy policy; Ukraine (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/1996-1073/17/20/5214/pdf (application/pdf)
https://www.mdpi.com/1996-1073/17/20/5214/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:17:y:2024:i:20:p:5214-:d:1502616

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().