EconPapers    
Economics at your fingertips  
 

Enhancing Islanded Power Systems: Microgrid Modeling and Evaluating System Benefits of Ocean Renewable Energy Integration

Miguel Vicente (), Alessandra Imperadore, Francisco X. Correia da Fonseca, Mário Vieira and José Cândido
Additional contact information
Miguel Vicente: WavEC Offshore Renewables, Edifício Diogo Cão, Doca de Alcântara Norte, 1350-352 Lisbon, Portugal
Alessandra Imperadore: WavEC Offshore Renewables, Edifício Diogo Cão, Doca de Alcântara Norte, 1350-352 Lisbon, Portugal
Francisco X. Correia da Fonseca: WavEC Offshore Renewables, Edifício Diogo Cão, Doca de Alcântara Norte, 1350-352 Lisbon, Portugal
Mário Vieira: WavEC Offshore Renewables, Edifício Diogo Cão, Doca de Alcântara Norte, 1350-352 Lisbon, Portugal
José Cândido: WavEC Offshore Renewables, Edifício Diogo Cão, Doca de Alcântara Norte, 1350-352 Lisbon, Portugal

Energies, 2023, vol. 16, issue 22, 1-16

Abstract: The energy transition hinges on the effective integration of renewable energy sources into the power grid. Islands can provide invaluable insights into the challenges and opportunities of integrating variable renewable energy into the grid due to their relatively small power systems, isolated grids, and diverse availability of renewable energy resources. This paper presents a study on the system benefits and challenges of marine energy integration in insular power systems, focusing on the Orkney Islands as a case study. A microgrid modeling approach that optimizes the mix of renewable sources and energy storage systems for future scenarios considering strategic time horizons (2030, 2040, and 2050) was employed. Results suggest that integrating ocean energies, namely, wave and tidal energy, yields notable benefits compared to traditional renewable energy sources exclusively. These benefits encompass reduced installed capacity, minimized energy storage requirements, lower excess generation, and overall cost-saving.

Keywords: islanded power systems; ocean energy integration; microgrid modeling (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/1996-1073/16/22/7517/pdf (application/pdf)
https://www.mdpi.com/1996-1073/16/22/7517/ (text/html)

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:gam:jeners:v:16:y:2023:i:22:p:7517-:d:1277451

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jeners:v:16:y:2023:i:22:p:7517-:d:1277451