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This integrated assessment modeling research analyzes what Korea's 2050 carbon neutrality would require for the national energy system and the role of the power sector concerning the availability of critical mitigation technologies. Our…

General Economics · Economics 2021-11-03 Hanwoong Kim , Haewon McJeon , Dawoon Jung , Hanju Lee , Candelaria Bergero , Jiyong Eom

Swift and deep decarbonisation of electricity generation is central to enabling a timely transition to net-zero emission energy systems. While future power systems will likely be dominated by variable renewables (VRE), studies have…

Physics and Society · Physics 2021-10-08 James Price , Ilkka Keppo , Paul Dodds

As the availability of weather-dependent, zero marginal cost resources such as wind and solar power increases, a variety of flexible electricity loads, or `demand sinks', could be deployed to use intermittently available low-cost…

Systems and Control · Electrical Eng. & Systems 2023-11-09 Sam van der Jagt , Neha Patankar , Jesse Jenkins

In 2024, the UK Government made two striking announcements on its plans to decarbonise the energy system; it pledged GBP22 billion to establish carbon capture and storage hubs on Teesside and Merseyside and released the Clean Power 2030…

Systems and Control · Electrical Eng. & Systems 2025-03-19 Anthony D. Stephens , David R. Walwyn

Energy is a necessity and the basis of human life. With the increase in the need for energy supply in recent years, the use of fossil fuels has intensified. Environment is a basic principle for human beings. In our dear country Iran, with…

Physics and Society · Physics 2023-08-29 Mehran Hosseinzadeh Dizaj

We use reanalysis data to investigate the daily co-variability of wind and solar irradiance in Britain, and its implications for renewable energy supply balancing. The joint distribution of daily-mean wind speeds and irradiances shows that…

Atmospheric and Oceanic Physics · Physics 2015-10-20 Philip E. Bett , Hazel E. Thornton

The high dependence on imported fuels and the potential for both climate change mitigation and economic diversification make Barbados' energy system particularly interesting for detailed transformation analysis. An open source energy system…

Physics and Society · Physics 2022-02-08 André Harewood , Franziska Dettner , Simon Hilpert

Solar photovoltaics which converts renewable solar energy into electricity have become prominent as a measure to decarbonize electricity generation. The operational carbon footprint of this technology is significantly lower compared to…

Applied Physics · Physics 2021-05-31 Satish Vitta

Fossil gas is sometimes presented as an enabler of variable solar and wind generation beyond 2050, despite being a primary source of greenhouse gas emissions from methane leakage and combustion. We find that balancing solar and wind…

Computational Engineering, Finance, and Science · Computer Science 2025-12-24 Timothy Weber , Cheng Cheng , Harry Thawley , Kylie Catchpole , Andrew Blakers , Bin Lu , Jennifer Zhao , Anna Nadolny

The energy transition is profoundly reshaping electricity market dynamics. It makes it essential to understand how renewable energy generation actually impacts electricity prices, among all other market drivers. These insights are critical…

Applications · Statistics 2025-01-22 Davide Cacciarelli , Pierre Pinson , Filip Panagiotopoulos , David Dixon , Lizzie Blaxland

The design of the future European energy system depends heavily on how Europe balances its domestic hydrogen production against its reliance on imports. This study reveals that neither-extreme full self-sufficiency nor complete reliance on…

Physics and Society · Physics 2025-10-07 Philipp Dunkel , Theresa Klütz , Jochen Linßen , Detlef Stolten

Located in Southern Europe, the Drina River Basin is shared between Bosnia and Herzegovina, Montenegro, and Serbia. The power sectors of the three countries have an exceptionally high dependence on coal for power generation. In this paper,…

Applications · Statistics 2026-03-23 Emir Fejzić , Taco Niet , Cameron Wade , Will Usher

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

The average revenue, or market value, of wind and solar energy tends to fall with increasing market shares, as is now evident across European electricity markets. At the same time, these markets have become more interconnected. In this…

Econometrics · Economics 2024-05-28 Clemens Stiewe , Alice Lixuan Xu , Anselm Eicke , Lion Hirth

This paper studies the impact of wind generation on market prices and system costs in the UK between 2013 and 2014. The wider effects and implications of wind generation is of direct relevance and importance to policy makers, as well as the…

Economics · Quantitative Finance 2015-11-16 Lisa MH Hall , Alastair Buckley , Jose Mawyin

The current fossil fuel and climate crisis has led to an increased demand for renewable energy sources, such as wind power. In northern Europe, the efficient use of wind power is crucial for achieving carbon neutrality. To assess the…

Numerical Analysis · Mathematics 2023-03-09 X. Yang , Y. Tian , I. Schicker , A. Jung

This paper presents a cost optimization framework for electric vehicle (EV) charging stations that leverages on-site photovoltaic (PV) generation and explicitly accounts for electricity price uncertainty through a Bertsimas--Sim robust…

Systems and Control · Electrical Eng. & Systems 2025-09-17 An Nguyen , Hung Pham , Cuong Do

Land-use conflicts may constrain the unprecedented rates of renewable energy deployment required to meet the decarbonization goals of the Inflation Reduction Act (IRA). This paper employs geospatially resolved data and a detailed…

Systems and Control · Electrical Eng. & Systems 2022-11-10 Neha Patankar , Xiili Sarkela-Basset , Greg Schivley , Emily Leslie , Jesse Jenkins

Ambitious targets for renewable energy and CO2 taxation both represent political instruments for decarbonisation of the energy system. We model a high number of coupled electricity and heating systems, where the primary sources of CO2…

Physics and Society · Physics 2018-12-18 K. Zhu , M. Victoria , T. Brown , G. B. Andresen , M. Greiner

Most studies that examine CO2-neutral, or near CO2-neutral, power systems by using energy system models investigate Europe or the United States, while similar studies for other regions are rare. In this paper, we focus on the Middle East…

Physics and Society · Physics 2020-12-17 Hanna Ek Fälth , Dan Atsmon , Lina Reichenberg , Villhelm Verendel
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