Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.14279/2241
Title: The energy subsidisation policies of Cyprus and their effect on renewable energy systems economics
Authors: Kalogirou, Soteris A. 
Major Field of Science: Engineering and Technology
Field Category: Environmental Engineering
Keywords: Renewable energy subsidisation;Fuel subsidisation;Industrial process heat;Economics
Issue Date: Sep-2003
Source: Renewable Energy, 2003, Vol. 28, no. 11, pp. 1711-1728
Volume: 28
Issue: 11
Start page: 1711
End page: 1728
Journal: Renewable Energy 
Abstract: In this paper, the energy subsidisation policies that are in effect in Cyprus are investigated with respect to their effect on renewable energy systems economics. Two subsidisation policies are investigated, those of renewable energy and fuels. These are contradictory, as one is in favour and the other is against the exploitation of renewable energies on the island, which is the declared Government policy. First, the policy measures are described and their effect on the economic viability of a solar system is investigated by means of an example. This concerns a solar industrial process heat system for which four types of collectors are considered. From the results presented it is clear that renewable energy subsidies create a positive impulse on renewable energies whereas the economic factors improve considerably when the subsidy for fuel is removed, as the expenditure made for the erection of a solar system replaces a more expensive fuel.
URI: https://hdl.handle.net/20.500.14279/2241
ISSN: 9601481
DOI: 10.1016/S0960-1481(03)00062-4
Rights: © Elsevier 2003
Type: Article
Affiliation : Higher Technical Institute Cyprus 
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