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

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.

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Publication Details

Journal
Energies
Published
2024-10-20
DOI
https://doi.org/10.3390/en17205214
Citations
7
Primary Topic
Photovoltaic Systems and Sustainability
Type
article
Field-Weighted Citation Impact
1.44

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article

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

Uliana Pysmenna, Bogdan Wit, Олександра Кубатко, Iryna Mykolaivna Sotnyk et al.
7 citations
Energies
Photovoltaic Systems and Sustainability
1.44
article

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

Uliana Pysmenna, Bogdan Wit, Олександра Кубатко, Iryna Mykolaivna Sotnyk, Tetiana Perederii, Olha Prokopenko, Tetiana Kurbatova
article en
7 citations

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.

EnergiesVol. 17(20)
University of Geneva (CH), National Technical University of Ukraine “Igor Sikorsky Kyiv Polytechnic Institute” (UA), Sumy State University (UA), Estonian Entrepreneurship University of Applied Sciences (EE), Sumy State Pedagogical University named after A. S. Makarenko (UA), Lublin University of Technology (PL)
National Research Foundation of Ukraine, National Research Foundation
Industry, innovation and infrastructure
Openalex Percentile: Top 20%
Photovoltaic Systems and Sustainability
1.44
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