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Future market developments determine the fate of fossil fuel carbon currently conserved unilaterally. Dynamic fuel depletion naturally suggests leakage rates approaching 100%. Reasons for lower leakage differ from what limits rates in previous studies. Discounting reduces present-value leakage...
Persistent link: https://www.econbiz.de/10010479912
To reach climate targets, future energy systems must rely heavily on variable renewable energy sources (VRES) such as wind and photovoltaic (PV). As the share of VRES increases, the topics of flexibility and the smart interplay of different flexibility options grow in importance. One way to...
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Integrated assessment models (IAMs) are a cornerstone of an effective approach to climate change mitigation. Despite the variety of methodologies for characterising the energy system, land use change, economics, and climate response, the modelling community has an open and urgent request for...
Persistent link: https://www.econbiz.de/10014513111
We perform a global case study to assess the implications of spatial resolution in electricity systems modelling. The global model PLEXOS-World is used to optimize the long-term capacity expansion and short-term operation of a global net-zero electricity system under alternative spatial...
Persistent link: https://www.econbiz.de/10014584447
The European Union (EU) has pledged to reduce greenhouse gas (GHG) emissions until the year 2030 by 55% compared to 1990. Recently, the EU institutions decided to introduce a new Emission Trading System for road transport, buildings and fuels for additional sectors (ETS2) in addition to the...
Persistent link: https://www.econbiz.de/10014580197
Hybrid renewable energy systems have garnered considerable attention as sustainable power sources for remote off-grid islands in the Philippines. Consequently, they have been the subject of numerous techno-economic investigations. However, comprehensive explorations into the viability of 100 %...
Persistent link: https://www.econbiz.de/10014580373
Actions that transform our energy system are the cornerstone of decarbonizing our economy but have been hindered by the ineffective interface between researchers and decision-makers in Canada. This paper begins by arguing for a more holistic perspective on energy system decarbonization modelling...
Persistent link: https://www.econbiz.de/10014515745