Implications of the National Energy and Climate Plans for the Single Electricity Market of the island of Ireland
David M Newbery
Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge
Abstract:
Member States have published National Energy and Climate Plans with challenging variable renewable electricity (VRE) targets. As VRE has a high peak to average output, the Single Electricity Market of the island of Ireland (SEM), will need to consider how best to balance the lost value of curtailment against the extra costs of higher Simultaneous Non-Synchronous Penetration (SNSP), more interconnector capacity and/or more storage. The paper develops a simple spreadsheet model to explore these options for the 2026 VRE targets in the SEM and her neighbours. Raising SNSP from 75% to 85% reduces curtailment from 13.3% to 8.1%, saving 1,338 GWh/yr of spilled wind. Adding the Celtic Link of 700 MW at SNSP of 75% reduces curtailment to 12.4% and saves 235 GWh/yr. Adding 100 MW of batteries saves 18 GWh/yr. The marginal spilled wind can be four times the average.
Keywords: Variable renewable electricity; curtailment; interconnection; storage (search for similar items in EconPapers)
JEL-codes: C63 Q42 Q54 (search for similar items in EconPapers)
Date: 2020-07-23
New Economics Papers: this item is included in nep-ene, nep-env and nep-reg
Note: dmgn
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
https://www.econ.cam.ac.uk/sites/default/files/pub ... pe-pdfs/cwpe2072.pdf
Related works:
Working Paper: Implications of the National Energy and Climate Plans for the Single Electricity Market of the island of Ireland (2020) 
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:cam:camdae:2072
Access Statistics for this paper
More papers in Cambridge Working Papers in Economics from Faculty of Economics, University of Cambridge
Bibliographic data for series maintained by Jake Dyer ().