Modelling the existing Irish energy-system to identify future energy costs and the maximum wind penetration feasible

D. Connolly, H. Lund, B.V. Mathiesen and M. Leahy

Energy, 2010, vol. 35, issue 5, 2164-2173

Abstract: In this study a model of the Irish energy-system was developed using EnergyPLAN based on the year 2007, which was then used for three investigations. The first compares the model results with actual values from 2007 to validate its accuracy. The second illustrates the exposure of the existing Irish energy-system to future energy costs by considering future fuel prices, CO2 prices, and different interest rates. The final investigation identifies the maximum wind penetration feasible on the 2007 Irish energy-system from a technical and economic perspective, as wind is the most promising fluctuating renewable resource available in Ireland. It is concluded that the reference model simulates the Irish energy-system accurately, the annual fuel costs for Ireland's energy could increase by approximately 58% from 2007 to 2020 if a business-as-usual scenario is followed, and the optimum wind penetration for the existing Irish energy-system is approximately 30% from both a technical and economic perspective based on 2020 energy prices. Future studies will use the model developed in this study to show that higher wind penetrations can be achieved if the existing energy-system is modified correctly. Finally, these results are not only applicable to Ireland, but also represent the issues facing many other countries.

Keywords: Modelling; Simulating; Reference model; Irish energy-system; Cost; Maximum wind penetration (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (60)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0360544210000484
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:35:y:2010:i:5:p:2164-2173

DOI: 10.1016/j.energy.2010.01.037

Access Statistics for this article

Energy is currently edited by Henrik Lund and Mark J. Kaiser

More articles in Energy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().