EconPapers    
Economics at your fingertips  
 

Chasing the eternal sun: Does a global super grid favor the deployment of solar power?

Xiaoming Kan, Fredrik Hedenus and Lina Reichenberg

Renewable and Sustainable Energy Reviews, 2025, vol. 211, issue C

Abstract: The One Sun One World One Grid (OSOWOG) initiative advocates the development of a Global super grid for sharing renewable energy, especially solar energy. This study evaluates the economic benefits of such a Global super grid, which connects six large regions spanning from Australia to the US, utilizing a detailed energy system optimization model and considering heterogeneous discount rates among countries. Integrating the six regions into a Global super grid reduces the electricity system cost by 3.8 % compared to isolating them. In contrast, grid expansion within each region reduces the electricity system cost by 13 % on average. The economic benefits of the OSOWOG initiative's Global super grid expansion seem to be rather limited. Moreover, the allowance for a Global super grid consistently results in decreased investments in solar power, indicating that it is not an effective strategy for enhancing the deployment of solar power, even when transmission grids covering 18 time zones are available.

Keywords: Super grid; Electricity trade; Solar power; Renewable energy; Variation management; Energy system modeling (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032124009985
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:rensus:v:211:y:2025:i:c:s1364032124009985

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

DOI: 10.1016/j.rser.2024.115272

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

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

 
Page updated 2025-03-19
Handle: RePEc:eee:rensus:v:211:y:2025:i:c:s1364032124009985