Showing 1 - 10 of 52
Despite regulation efforts, CO2 emissions from European road transport have continued to rise. Increased use of electricity offers a promising decarbonization option, both to fuel electric vehicles and run power-to-x systems producing synthetic fuels. To understand the economic implications of...
Persistent link: https://www.econbiz.de/10012099491
The paper at hand offers a quantitative assessment of the transformation of the European energy system in achieving the goal of the European Commission of carbon neutrality in Europe by 2050. In doing so, the investment and dispatch optimization model DIMENSION is extended to comprise a greater...
Persistent link: https://www.econbiz.de/10015358796
Variable renewable electricity (VRE), generated for instance by wind or solar power plants, is characterised by negligible variable costs and an availability that varies over time and space. Locating VRE capacity at sites with the highest average availability maximises the potential output....
Persistent link: https://www.econbiz.de/10014494951
The introduction of clean hydrogen as a future energy commodity has prompted significant interest in developing dedicated transportation and storage infrastructures as an enabler for cross-border hydrogen trade and cost-efficient supply. This paper addresses the complex challenges associated...
Persistent link: https://www.econbiz.de/10014494967
Based upon probabilistic reliability metrics, we develop an optimization model to determine the efficient amount and location of firm generation capacity to achieve reliability targets in multiregional electricity systems. A particular focus lies on the representation and contribution of...
Persistent link: https://www.econbiz.de/10011776688
In recent years, the installed capacities of renewable energies have steadily been increasing. This raises the question for optimal locations of renewables. Ideally, the market prices induce efficient locations. Distorting effects, i.e. non incorporation of the physical grid situations, could...
Persistent link: https://www.econbiz.de/10011776690
We investigate the effects of system integration for reliability of supply in regional electricity systems along with cooperative measures to support it. Specifically, we set up a model to contrast the benefits from integration through statistical balancing (i.e., a positive externality) with...
Persistent link: https://www.econbiz.de/10012099487
Electricity markets are increasingly influenced by variable renewable energy such as wind and solar power with a pronounced weather-induced variability and imperfect predictability. As a result, the evaluation of the capacity value of variable renewable energy, i.e. its contribution to security...
Persistent link: https://www.econbiz.de/10012099489
Ongoing climate change affects complex and long-lived infrastructures like electricity systems. Particularly for decarbonized electricity systems based on variable renewable energies, there is a variety of impact mechanisms working differently in size and direction. Main impacts for Europe...
Persistent link: https://www.econbiz.de/10012099493
This paper evaluates investment incentives for wind power under uniform and nodal pricing.An electricity system model is developed, which allows for investments into wind power whileconsidering transmission grid constraints in detail. Targeting equally high wind capacitiesunder nodal and uniform...
Persistent link: https://www.econbiz.de/10012384108