Related papers: Renewable Power Trades and Network Congestion Exte…
Transition pathways for Europe to achieve carbon neutrality emphasize the need for a massive deployment of solar and wind energy. Global cost optimization would lead to installing most of the renewable capacity in a few resource-rich…
This paper analyzes the pricing of transit traffic in wireless peer-to-peer networks using the concepts of direct and indirect network externalities. We first establish that without any pricing mechanism, congestion externalities overwhelm…
Minimizing both power fluctuations and energy waste in an electrical grid is a central challenge to energy policy. Any discrepancy between power production and loads may lead to inefficiencies and instability in the system. Right now, the…
To achieve inclusive green growth, countries need to consider a multiplicity of economic, social, and environmental factors. These are often captured by metrics of economic complexity derived from the geography of trade, thus missing key…
This article evaluates the types of typical renewable energy technologies separately. Switching from fossil-fuel-based technology to green energies is time-consuming and requires a high investment cost. In addition, the production of energy…
Competition has been introduced in the electricity markets with the goal of reducing prices and improving efficiency. The basic idea which stays behind this choice is that, in competitive markets, a greater quantity of the good is exchanged…
The smart grid spawns many innovative ideas, but many of them cannot be easily integrated into the existing power system due to power system constraints, such as the lack of capacity to transport renewable energy in remote areas to the…
There is growing interest in renewable energy around the world. Since most renewable sources are intermittent in nature, it is a challenging task to integrate renewable energy resources into the power grid infrastructure. In this grid…
The large-scale deployment of renewable energy sources, particularly offshore wind, requires large-scale transmission grid expansion projects to transmit the produced low-carbon power to the main demand centers. However, the planning and…
Social acceptance is a multifaceted consideration when planning future energy systems, yet often challenging to address endogeneously. One key aspect regards the spatial distribution of investments. Here, I evaluate the cost impact and…
Intermittent renewable energies are increasingly dominating electricity grids and are forecasted to be the main force driving out fossil fuels from the grid in most major economies until 2040. However, grids based on intermittent renewables…
Future greenhouse gas neutral energy systems will be dominated by renewable energy technologies providing variable supply subject to uncertain weather conditions. For this setting, we propose an algorithm for capacity expansion planning: We…
The large-scale deployment of wind power is central to Europe`s energy transition but faces challenges due to its social and environmental impacts on communities. Here we assess how the tolerance of local stakeholders to such impacts…
The conventional electricity grid system has many critical issues, which could lead to power instability, blackout, and many other issues. One main perspective is to consume the relative amount of distributed renewable energy in the…
Rapid economic growth in China has lead to an increasing energy demand in the country. In combination with China's emission control and clean air initiatives, it has resulted in large-scale expansion of the leading renewable energy…
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…
It is well known that the reserves/redundancies built into the transmission grid in order to address a variety of contingencies over a long planning horizon may, in the short run, cause economic dispatch inefficiency. Accordingly, power…
A key obstacle to increasing renewable energy penetration in the power grid is the lack of utility-scale storage capacity. Transportation electrification has the potential to overcome this obstacle since Electric Vehicles (EVs) that are not…
Previous work has resulted in the development of an energy model able to calculate wind and solar fleet efficiencies. However, for investment planning purposes, it is necessary to calculate from the lowest economically acceptable…
Renewable energy sources (RES) has gained a lot of interest recently. The limited transmission capacity serving RES often leads to network congestion since they are located in remote favorable locations. As a result, when poorly scheduled,…