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The Renewable Energy Market's Regulatory Requirements

EasyChair Preprint 13673, version 2

Versions: 12history
15 pagesDate: June 16, 2024

Abstract

This article deals with the functioning of the free energy market in Brazil and around the world in relation to the means of energy production used, seeking to show how the energy market regulates and encourages the use of renewable energy. The objective is to synthesize the understanding of the current scenario of energy commercialization and present the main regulatory aspects of each means of energy generation, in order to develop a base of knowledge to subsequently improve the performance of systems and machines belonging to the electrical area, thus bringing a scientific contribution to the Electricity Generation, Transmission and Distribution market - GTD. Noticeably, the global energy demand has increased, and due to the high emission of gases that contribute to global warming in the energy generation process, it is necessary that the generation of renewable energy increases to reduce the effects caused by the burning of fossil fuels. Therefore, it's essencial to understand the market's regulatory requirements for the distribution of renewable energy, its challenges and opportunities and the influence of consumers on this distribution. Hence, 15 base articles were chosen through a systematic literature review process, as well as visiting the regulatory framework in different countries (developed and developing). The aim was to synthesize the aforementioned themes, focusing on the differences between the regulatory requirements for wind and solar distribution, as well as onshore and offshore wind. It was noticed that Brazil stands out in policies to encourage renewable energy, since there is a considerable discount on transmission and distribution tariffs for this type of generation. Nevertheless, there are developed countries, such as the United States, that still need to intensify investment in clean energy, as the burning of fossil fuels still predominates in their energy matrix.

Keyphrases: ESG, FARM SOLAR ENERGY, Offshore wind, energy market, renewable energy, sustainable development

BibTeX entry
BibTeX does not have the right entry for preprints. This is a hack for producing the correct reference:
@booklet{EasyChair:13673,
  author    = {Edson Pinheiro de Lima and Eduardo Biscotto Neto and Emilly Pupo Marconcin and Sergio E. Gouvea da Costa},
  title     = {The Renewable Energy Market's Regulatory Requirements},
  howpublished = {EasyChair Preprint 13673},
  year      = {EasyChair, 2024}}
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