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This study aims to analyze the economic performance of various parks under different conditions, particularly focusing on the operational costs and power load balancing before and after the deployment of energy storage systems. Firstly, the…

Neural and Evolutionary Computing · Computer Science 2025-05-12 Yanghui Song , Aoqi Li , Lilei Huo

Integrating a high share of electricity from non-dispatchable Renewable Energy Sources in a power supply system is a challenging task. One option considered in many studies dealing with prospective power systems is the installation of…

Physics and Society · Physics 2014-10-09 Stefan Weitemeyer , David Kleinhans , Thomas Vogt , Carsten Agert

In this study, an optimization problem is proposed in order to obtain the maximum economic benefit from wind farms with variable and intermittent energy generation in the day ahead and balancing electricity markets. This method, which is…

Econometrics · Economics 2018-06-15 Akın Taşcikaraoğlu , Ozan Erdinç

Over the last few decades, there is a constantly increasing deployment of solar photovoltaic (PV) systems both at the commercial and residential building sector. However, the steadily growing PV penetration poses several technical problems…

The high variability of renewable energy resources presents significant challenges to the operation of the electric power grid. Conventional generators can be used to mitigate this variability but are costly to operate and produce carbon…

Optimization and Control · Mathematics 2012-04-13 Han-I Su , Abbas El Gamal

The effects of the spatial scale on the results of the optimisation of transmission and generation capacity in Europe are quantified under a 95% CO2 reduction compared to 1990 levels, interpolating between one-node-per-country solutions and…

Physics and Society · Physics 2020-08-18 Jonas Hörsch , Tom Brown

Studies have evaluated the economic feasibility of 100% renewable power systems using the optimization approach, but the mechanisms determining the results remain poorly understood. Based on a simple but essential model, this study found…

General Economics · Economics 2022-06-01 Takuya Hara

Amid global interest in resilient energy systems, green hydrogen is considered vital to the net-zero transition, yet its deployment remains limited by high production cost. The cost is determined by the its production pathway, system…

Systems and Control · Electrical Eng. & Systems 2025-09-03 Merlinda Andoni , Benoit Couraud , Valentin Robu , Jamie Blanche , Sonam Norbu , Si Chen , Satria Putra Kanugrahan , David Flynn

The European North Sea has a vast renewable energy potential and can be a powerhouse for Europe's energy transition. However, currently there is uncertainty about how much offshore wind energy can be integrated, whether offshore grids…

Physics and Society · Physics 2025-10-30 Philipp Glaum , Fabian Neumann , Tom Brown

In the process of decarbonization, the global energy mix is shifting from fossil fuels to renewables. To study decarbonization pathways, large-scale energy system models are utilized. These models require accurate data on renewable…

Physics and Society · Physics 2021-01-22 Alexander Kies , Bruno U. Schyska , Mariia Bilousova , Omar El Sayed , Jakub Jurasz , Horst Stöcker

Scalable and cost-effective solutions to renewable energy storage are essential to addressing the world's rising energy needs while reducing climate change. As we increase our reliance on renewable energy sources such as wind and solar,…

There are two competing concepts in the literature for the integration of high shares of renewable energy: the coupling of electricity to other energy sectors, such as transport and heating, and the reinforcement of continent-wide…

Physics and Society · Physics 2018-07-13 T. Brown , D. Schlachtberger , A. Kies , S. Schramm , M. Greiner

The use of wind and solar generation is fundamental to the decarbonisation of the United Kingdom electricity system. However, the optimal level of renewable energy as a proportion of total demand is still being debated. In this paper,…

Physics and Society · Physics 2023-07-25 Anthony D Stephens , David R Walwyn

Power-to-X (P2X) needs to scale up rapidly to provide the fuels required in the hard-to-decarbonize industrial and heavy transport sector. Only recently, the European Commission proposed requirements for \textit{renewable} fuels. P2X energy…

Physics and Society · Physics 2023-09-25 Ioannis Kountouris , Lissy Langer , Rasmus Bramstoft , Marie Münster , Dogan Keles

With the increasing penetration of renewable energy sources and energy storage devices in the power system, it is important to evaluate the cost of the system by using Levelized Cost of Energy (LCOE). In this paper a new metric, Levelized…

Systems and Control · Computer Science 2016-09-21 Chun Sing Lai , Malcolm D McCulloch

The interdependency of power systems and natural gas systems is being reinforced by the emerging power-to-gas facilities (PtGs), and the existing gas-fired generators. To jointly improve the efficiency and security under diverse…

Systems and Control · Electrical Eng. & Systems 2020-11-17 Xiaodong Zheng , Yan Xu , Zhengmao Li , Haoyong Chen

Transitioning from fossil-fuel power generation to renewable energy generation and energy storage in remote locations has the potential to reduce both carbon emissions and cost. This study presents a techno-economic analysis for…

The ambitious energy target to achieve climate-neutrality in the European Union (EU) energy system raises the feasibility question of using only renewables across all energy sectors. As one of the EU's leading industrialized countries,…

Physics and Society · Physics 2021-03-09 Md Nasimul Islam Maruf

The rising energy prices in Europe and the urgent need to address global warming have sparked a significant increase in the installation of domestic photovoltaic systems to harness solar energy. However, since solar energy is available only…

Optimization and Control · Mathematics 2023-10-17 Tom Nonnenmacher , Jenny Nelson , Benedict Winchester

Energy system modellers typically choose a low spatial resolution for their models based on administrative boundaries such as countries, which eases data collection and reduces computation times. However, a low spatial resolution can lead…

Physics and Society · Physics 2023-01-18 Martha Maria Frysztacki , Jonas Hörsch , Veit Hagenmeyer , Tom Brown