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Renewable Energy Auction Schemes
Jörka, Lukáš ; Macháček, Jan (referee) ; Radil, Lukáš (advisor)
The bachelor thesis deals with the current trend in the field of support for renewable energy sources – the transition from fixed payments to auction mechanisms. Firstly, the thesis describes principles of auctions in the field of RES support and capacity mechanisms. Subsequently, there are described advantages and disadvantages of auctions for RES support and defined their basic elements. This thesis deals with the current state of the global RES market and the description of the current state of the auctions implementation in Europe with focus on the auctions held in Germany and the United Kingdom. Furthermore, the thesis deals with the current state of the RES market in the Czech Republic describing the development of RES support in the past, the current situation and expected future development. The last chapter is devoted to the fictional economic model of wind park, for which the economic evaluation by the NPV method is performed for different values of the input parameters.
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Czech Republicfacing changes of the European Union energy market
Rokuskova, Klara ; Kučerová, Irah (advisor) ; Mazač, Jan (referee)
This study looks at the evolution of the management of the biofuel energy in the transport sector in the European Union. This sector represents a big challenge for environmentally friendly and sustainable production and consumption of energy. In the past ten years biofuels have emerged as a burgeoning solution but have also received criticism from some quarters. The study analysis the European Commission's functions in the management of the biofuel market in Czech Republic through a single case study. The research is based on the Principal-Agent theory elaborated by the broader theory of rational-choice institutionalism. It argues that Czech Republic biofuel market may be driven by the European Commission if functions that enhance credible commitment, higher efficiency and information were delegated to it by the member states. Through the congruence method the study compares the expectations of the Principal- Agent theory with the real case situation. Under the European legislation, between the Directive 2009/28/EC and the Directive (EU) 2018/2001, the study finds that the European Commission has some significant function in the management of the sustainability of biofuels in the Czech Republic but has very limited power to directly influence the evolution of Czech biofuel production. The European...
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Renewable Energy Auction Schemes
Jörka, Lukáš ; Macháček, Jan (referee) ; Radil, Lukáš (advisor)
The bachelor thesis deals with the current trend in the field of support for renewable energy sources – the transition from fixed payments to auction mechanisms. Firstly, the thesis describes principles of auctions in the field of RES support and capacity mechanisms. Subsequently, there are described advantages and disadvantages of auctions for RES support and defined their basic elements. This thesis deals with the current state of the global RES market and the description of the current state of the auctions implementation in Europe with focus on the auctions held in Germany and the United Kingdom. Furthermore, the thesis deals with the current state of the RES market in the Czech Republic describing the development of RES support in the past, the current situation and expected future development. The last chapter is devoted to the fictional economic model of wind park, for which the economic evaluation by the NPV method is performed for different values of the input parameters.
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