Moving Towards Sustainable Electricity Systems

Christoph Weber (), Dominik Möst () and Wolf Fichtner ()
Additional contact information
Christoph Weber: University of Duisburg-Essen
Dominik Möst: TU Dresden
Wolf Fichtner: Karlsruhe Institute of Technology (KIT)

Chapter Chapter 12 in Economics of Power Systems, 2022, pp 387-416 from Springer

Abstract: Abstract This final chapter aims at distilling key issues for the move towards sustainable electricity systems. Thereby, the focus is on greenhouse gas (GHG) emission reductions to achieve the objectives of the Paris Agreement in the context of the current trends of decentralisation, digitisation as well as acceptance and participation. The general decision alternatives and challenges in decarbonisation are addressed first. Then, more specifically, three domains are scrutinised where specific challenges arise: balancing supply and demand, grid operation and development and prosumer integration and network tariffication. For each field, key challenges are identified followed by the technical solutions available or still to be developed. Then, regulatory and market-based concepts for overcoming the challenges are discussed along with political and societal aspects to be addressed. Against this setting, modelling approaches are highlighted that may be used to provide decision support – referring here as in the earlier sections back to the corresponding sections of the previous chapters. To conclude, some key insights are proposed – not with the intention to provide definitive answers on the issues at stake, but rather to indicate starting points to the readers for their in-depth investigations.

Date: 2022
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:sptchp:978-3-030-97770-2_12

Ordering information: This item can be ordered from
http://www.springer.com/9783030977702

DOI: 10.1007/978-3-030-97770-2_12

Access Statistics for this chapter

More chapters in Springer Texts in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().