Abstract

This paper investigates the effectiveness of renewable energy sources using solar and wind energy in the countries of Central and North-East Asia. The analysis was carried out in two stages. At the first stage, the efficiency of wind and solar installations in different climatic conditions was compared by the criterion of the cost of electricity. At the next stage of analysis, an optimization mathematical model was used to study the system that simultaneously includes wind and solar installations, backup energy sources and batteries. The model takes into account system effects caused by the interaction of the system elements between themselves and with the environment. It solves the problem of mathematical programming — the search for the minimum of the objective function (total costs) at some constrains. The model is used to study the economic efficiency of the large-scale construction of solar power plants in the Gobi Desert. It is shown that the joint use of solar and wind energy gives a positive economic effect, i.e. energy cost are less than with separate use of these energy sources. Under suitable wind conditions such systems reduces the cost of electricity by more than a quarter compared to the option of using solar energy only.

Highlights

  • Many countries are implementing activities aimed at reducing greenhouse gas emissions

  • Solar and wind energy are developing at the fastest rates [3, 4]

  • China should strengthen its position as a world leader in the use of wind and solar energy

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Summary

Introduction

Many countries are implementing activities aimed at reducing greenhouse gas emissions. This reduces the negative impact of energy on the climate system. 77 countries announced their commitment to net zero carbon emissions by 2050. In this regard, great importance is attached to the development of renewable energy sources (RES) [1, 2]. Solar and wind energy are developing at the fastest rates [3, 4]. In the period from 2009 to 2019 installed capacity of wind power plants (WPP) has grown more than in 4 times (average growth rate more than 15 %), and solar power stations (SPP) – more than in 26 times (just under 40 % per year) (Fig. 1)

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