Evaluation of renewable energy development in power generation in Finland
Aslani, Alireza; Helo, Petri; Naaranoja, Marja (2013-12-20)
Julkaisun pysyvä osoite on
©2013 AIP Publishing LCC. This article may be downloaded for personal use only. Any other use requires prior permission of the author and AIP Publishing. This article appeared in Journal of renewable and sustainable energy 5(6) in 2012, and may be found at https://doi.org/10.1063/1.4855095.
Renewable energy resources have historically played an important role for heat/electricity generation in Finland. Although diffusion costs of renewable energy utilization are higher than fossil fuels and nuclear power plants, other policy aspects and operation costs of renewables cover this gap particularly in high dependent countries to fossil fuels. The current paper discusses the role of renewable portfolio in the Finland's energy action plan during 2011–2020. A system dynamics model is constructed to evaluate different costs of renewable energy utilization by 2020. Results show that total costs of new capacities of renewable energy systems as well as operation and maintenance costs of current systems bring 7% saving compared to total costs of new natural gas power plants (as a sample for second scenario) in Finland.
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