Analysis of the EU renewable energy directive by a techno-economic optimisation model
Arne Lind,
Eva Rosenberg,
Pernille Seljom,
Kari Espegren,
Audun Fidje and
Karen Lindberg
Energy Policy, 2013, vol. 60, issue C, 364-377
Abstract:
The EU renewable energy (RES) directive sets a target of increasing the share of renewable energy used in the EU to 20% by 2020. The Norwegian goal for the share of renewable energy in 2020 is 67.5%, an increase from 60.1% in 2005. The Norwegian power production is almost solely based on renewable resources and the possibility to change from fossil power plants to renewable power production is almost non-existing. Therefore other measures have to be taken to fulfil the RES directive. Possible ways for Norway to reach its target for 2020 are analysed with a technology-rich, bottom-up energy system model (TIMES-Norway). This new model is developed with a high time resolution among others to be able to analyse intermittent power production. Model results indicate that the RES target can be achieved with a diversity of options including investments in hydropower, wind power, high-voltage power lines for export, various heat pump technologies, energy efficiency measures and increased use of biodiesel in the transportation sector. Hence, it is optimal to invest in a portfolio of technology choices in order to satisfy the RES directive, and not one single technology in one energy sector.
Keywords: Energy system model; Scenario analysis; Renewable energy (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (33)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:60:y:2013:i:c:p:364-377
DOI: 10.1016/j.enpol.2013.05.053
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