A multi-objective approach to the prospective development of the European power system by 2050

Jean-Nicolas Louis, Stéphane Allard, Freideriki Kotrotsou and Vincent Debusschere ()
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Jean-Nicolas Louis: University of Oulu, Faculty of Technology, Energy and Environmental Engineering - University of Oulu [Finland] = Oulun yliopisto [Suomi] = Université d'Oulu [Finlande]
Stéphane Allard: G2ELab - Laboratoire de Génie Electrique de Grenoble - CNRS - Centre National de la Recherche Scientifique - UGA - Université Grenoble Alpes - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - UGA - Université Grenoble Alpes, INES - Institut National de L'Energie Solaire - CEA - Commissariat à l'énergie atomique et aux énergies alternatives - USMB [Université de Savoie] [Université de Chambéry] - Université Savoie Mont Blanc - CNRS - Centre National de la Recherche Scientifique, GAEL - Laboratoire d'Economie Appliquée de Grenoble - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement - UGA - Université Grenoble Alpes - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - UGA - Université Grenoble Alpes
Freideriki Kotrotsou: G2ELab - Laboratoire de Génie Electrique de Grenoble - CNRS - Centre National de la Recherche Scientifique - UGA - Université Grenoble Alpes - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - UGA - Université Grenoble Alpes
Vincent Debusschere: G2ELab - Laboratoire de Génie Electrique de Grenoble - CNRS - Centre National de la Recherche Scientifique - UGA - Université Grenoble Alpes - Grenoble INP - Institut polytechnique de Grenoble - Grenoble Institute of Technology - UGA - Université Grenoble Alpes

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Abstract: This paper reports the recent work carried out to engage both the environmental impact and the economic indicators on the prioritisation of dispatchable technologies in the European energy mix up to 2050. Those two contradictory indicators are incorporated in a multi-criteria optimisation leading to iterations of two scenario: business as usual and 2 °C climate policy. The results present the evolution of the climate change emission versus the operational costs of the power system up to 2050. The yearly electricity mix evaluations allow assessing the long-term development of the European energy system, where a focus is done on variable renewable energy production. It is shown that policy-only solutions, associated with a traditional cost-oriented optimisation, have a limited impact on helping the power sector to reach emission levels targets. Integrating the objective of reducing emissions to the management of power plants would reduce the absolute and cumulative carbon dioxide equivalent emissions. The counterpart is that the system electricity price tends to increase faster thus implying increased social costs.

Date: 2020-01-15
Note: View the original document on HAL open archive server: https://hal.science/hal-02376337v1
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Citations: View citations in EconPapers (8)

Published in Energy, 2020, 191 (online 21 November 2019), pp.Article Number 116539. ⟨10.1016/j.energy.2019.116539⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02376337

DOI: 10.1016/j.energy.2019.116539

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