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CO2-Plume Geothermal (CPG) technologies are geothermal power systems that use geologically stored CO2 as the subsurface heat extraction fluid to generate renewable energy. CPG technologies can support variable wind and solar energy technologies by providing dispatchable power, while Flexible CPG...
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A weather-driven model is used to investigate the requirements for the backup generation (annual energy, power capacity and flexibility) in a power system with different penetrations of wind, solar photovoltaics, and hydroelectricity. The impact of interannual variability is assessed by using 26...
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How can increasing intermittent power generation in the Swedish electricity system be managed in a more market-oriented and cost-efficient way? We argue that market mechanisms are the most natural means for obtaining the needed flexibility in electricity systems. We believe that a complete ex...
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Renewable energy such as wind or solar power currently contributes a large share to the total German electricity supply as a result of the German energy transition. This paper presents an empirical analysis of how power shocks resulting from intermittent renewable supply affect forward premiums...
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Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large-scale transfer of surplus from the incumbent...
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Mitigation-Process Integrated Assessment Models (MP-IAMs) are used to analyze long-term transformation pathways of the energy system required to achieve stringent climate change mitigation targets. Due to their substantial temporal and spatial aggregation, IAMs cannot explicitly represent all...
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