Intersecting near-optimal spaces: European power systems with more resilience to weather variability

Aleksander Grochowicz, Koen van Greevenbroek, Fred Espen Benth and Marianne Zeyringer

Energy Economics, 2023, vol. 118, issue C

Abstract: We suggest a new methodology for designing robust energy systems. For this, we investigate so-called near-optimal solutions to energy system optimisation models; solutions whose objective values deviate only marginally from the optimum. Using a refined method for obtaining explicit geometric descriptions of these near-optimal feasible spaces, we find designs that are as robust as possible to perturbations. This contributes to the ongoing debate on how to define and work with robustness in energy systems modelling.

Keywords: Climate-resilient energy systems; Energy system optimisation model; Weather uncertainty; Near-optimal solutions; Robust energy systems; Modelling to generate alternatives (search for similar items in EconPapers)
JEL-codes: C61 C63 D81 L94 Q48 Q54 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:118:y:2023:i:c:s0140988322006259

DOI: 10.1016/j.eneco.2022.106496

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