Spatio-temporal assessment of integrating intermittent electricity in the EU and Western Balkans power sector under ambitious CO2 emission policies
Joakim Lundgren and
Energy, 2018, vol. 164, issue C, 676-693
This work investigates a power dispatch system that aims to supply the power demand of the EU and Western Balkans (EUWB) based on low-carbon generation units, enabled by the expansion of biomass, solar, and wind based electricity. A spatially explicit techno-economic optimization tool simulates the EUWB power sector to explore the dispatch of new renewable electricity capacity on a EUWB scale, under ambitious CO2 emission policies. The results show that utility-scale deployment of renewable electricity is feasible and can contribute about 9–39% of the total generation mix, for a carbon price range of 0–200 €/tCO2 and with the existing capacities of the cross-border transmission network. Even without any explicit carbon incentive (carbon price of 0 €/tCO2), more than 35% of the variable power in the most ambitious CO2 mitigation scenario (carbon price of 200 €/tCO2) would be economically feasible to deploy. Spatial assessment of bio-electricity potential (based on forest and agriculture feedstock) showed limited presence in the optimal generation mix (0–6%), marginalizing its effect as baseload. Expansion of the existing cross-border transmission capacities helps even out the variability of solar and wind technologies, but may also result in lower installed RE capacity in favor of state-of-the-art natural gas with relatively low sensitivity to increasing carbon taxes. A sensitivity analysis of the investment cost, even under a low-investment scenario and at the high end of the CO2 price range, showed natural gas remains at around 11% of the total generation, emphasizing how costly it would be to achieve the final percentages toward a 100% renewable system.
Keywords: Decarbonization; Renewable electricity; Intermittency; Optimization; Geospatial modeling; Power transmission (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:164:y:2018:i:c:p:676-693
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