Optimal interconnection and renewable targets for north-west Europe

Muireann Lynch, Richard Tol and Mark J. O'Malley

Energy Policy, 2012, vol. 51, issue C, 605-617

Abstract: We present a mixed-integer, linear programming model for determining optimal interconnection for a given level of renewable generation using a cost minimisation approach. Optimal interconnection and capacity investment decisions are determined under various targets for renewable penetration. The model is applied to a test system for eight regions in Northern Europe. It is found that considerations on the supply side dominate demand side considerations when determining optimal interconnection investment: interconnection is found to decrease generation capacity investment and total costs only when there is a target for renewable generation. Higher wind integration costs see a concentration of wind in high-wind regions with interconnection to other regions.

Keywords: Electricity interconnection; Renewable generation; Mixed-integer linear programming (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (29)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:51:y:2012:i:c:p:605-617

DOI: 10.1016/j.enpol.2012.09.002

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