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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…

Photovoltaics (PVs) are a critical technology for curbing growing levels of anthropogenic greenhouse gas emissions, and meeting increases in future demand for low-carbon electricity. In order to fulfil ambitions for net-zero carbon dioxide…

Applied Physics · Physics 2024-08-29 James C. Blakesley , Ruy S. Bonilla , Marina Freitag , Alex M. Ganose , Nicola Gasparini , Pascal Kaienburg , George Koutsourakis , Jonathan D. Major , Jenny Nelson , Nakita K. Noel , Bart Roose , Jae Sung Yun , Simon Aliwell , Pietro P. Altermatt , Tayebeh Ameri , Virgil Andrei , Ardalan Armin , Diego Bagnis , Jenny Baker , Hamish Beath , Mathieu Bellanger , Philippe Berrouard , Jochen Blumberger , Stuart A. Boden , Hugo Bronstein , Matthew J. Carnie , Chris Case , Fernando A. Castro , Yi-Ming Chang , Elmer Chao , Tracey M. Clarke , Graeme Cooke , Pablo Docampo , Ken Durose , James R. Durrant , Marina R. Filip , Richard H. Friend , Jarvist M. Frost , Elizabeth A. Gibson , Alexander J. Gillett , Pooja Goddard , Severin N. Habisreutinger , Martin Heeney , Arthur D. Hendsbee , Louise C. Hirst , M. Saiful Islam , K. D. G. Imalka Jayawardena , Michael B. Johnston , Matthias Kauer , Jeff Kettle , Ji-Seon Kim , Dan Lamb , David Lidzey , Jihoo Lim , Roderick MacKenzie , Nigel Mason , Iain McCulloch , Keith P. McKenna , Sebastian B. Meier , Paul Meredith , Graham Morse , John D. Murphy , Chris Nicklin , Paloma Ortega-Arriaga , Thomas Osterberg , Jay B. Patel , Anthony Peaker , Moritz Riede , Martyn Rush , James W. Ryan , David O. Scanlon , Peter J. Skabara , Franky So , Henry J. Snaith , Ludmilla Steier , Jarla Thiesbrummel , Alessandro Troisi , Craig Underwood , Karsten Walzer , Trystan Watson , J. Michael Walls , Aron Walsh , Lucy D. Whalley , Benedict Winchester , Samuel D. Stranks , Robert L. Z. Hoye

Hydrogen produced through electrolysis with renewable power is considered key to decarbonize several hard-to-electrify sectors. This work proposes a novel approach to model the active electricity market participation of co-located renewable…

Optimization and Control · Mathematics 2025-07-03 Andrea Gloppen Johnsen , Lesia Mitridati , Jalal Kazempour , Line Roald

Modern society's reliance on power systems is at risk from the escalating effects of wind-related climate change. Yet, failure to identify the intricate relationship between wind-related climate risks and power systems could lead to serious…

Systems and Control · Electrical Eng. & Systems 2024-01-26 Jiaqi Ruan , Xiangrui Meng , Yifan Zhu , Gaoqi Liang , Xianzhuo Sun , Huayi Wu , Huijuan Xiao , Mengqian Lu , Pin Gao , Jiapeng Li , Wai-Kin Wong , Zhao Xu , Junhua Zhao

The global energy transition depends on large-scale photovoltaic (PV) and wind power deployment. While 2050 targets suggest a transition endpoint, maintaining these systems beyond mid-century requires continuous renewal, marking a…

Physics and Society · Physics 2025-02-25 Joseph Le Bihan , Thomas Lapi , José Halloy

This paper examines the dependence between electricity prices, demand, and renewable energy sources by means of a multivariate copula model {while studying Germany, the widest studied market in Europe}. The inter-dependencies are…

Applications · Statistics 2022-01-05 Fabrizio Durante , Angelica Gianfreda , Francesco Ravazzolo , Luca Rossini

Recent environmental policies have led many academic, industrial and governmental stakeholders to design and plan scenarios with very high share of renewable energy sources (RES). New system elements such as High-voltage Direct Current…

The rapid depletion of fossil fuel resources and environmental concerns has given awareness on generation of renewable energy resources. Among the various renewable resources, hybrid solar and wind energy seems to be promising solutions to…

Systems and Control · Computer Science 2014-11-20 Subodh Paudel , Jagan Nath Shrestha , Fernando J Neto , Jorge AF Ferreira , Muna Adhikari

Demand for energy has increased significantly across the globe due to increase in population and economic growth. Growth in energy demand poses serious threat to the environment since majority of the energy sources are non-renewable and…

We use three ensemble members of the EURO-CORDEX project and their data on surface wind speeds, solar irradiation as well as water runoff with a spatial resolution of 12 km and a temporal resolution of 3 hours under representative…

Physics and Society · Physics 2018-11-09 Markus Schlott , Alexander Kies , Tom Brown , Stefan Schramm , Martin Greiner

Africa holds the world's highest solar irradiance yet has <2% of global photovoltaic (PV) capacity, leaving 600 million people without electricity access. However, climate change impacts on its 10 TW potential remain understudied. Using…

Physics and Society · Physics 2025-10-28 Eva Lu , Dongdong Wang

Importing renewable energy to Europe offers many potential benefits, including reduced energy costs, lower pressure on infrastructure development, and less land-use within Europe. However, there remain many open questions: on the achievable…

Physics and Society · Physics 2025-10-30 Fabian Neumann , Johannes Hampp , Tom Brown

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…

General Economics · Economics 2025-04-05 Alona Zharova , Felix Creutzig

In the Paris agreement of 2015, it was decided to reduce the CO2 emissions of the energy sector to zero by 2050 and to restrict the global mean temperature increase to 1.5 degree Celcius above the pre-industrial level. Such commitments are…

General Economics · Economics 2021-01-03 Neeraj Bokde , Bo Tranberg , Gorm Bruun Andresen

This paper studies the realizability and compatibility of the three CEP2020 targets, focusing on electricity prices. We study the impact of renewables and other fundamental determinants on wholesale and household retail electricity prices…

General Economics · Economics 2022-02-04 Juan Ignacio Peña , Rosa Rodriguez

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…

Physics and Society · Physics 2024-04-26 Hamid Zakernezhad , Ali Soleimani , Milad Mohabbati

The electricity industry has been one of the first to face technological changes motivated by sustainability concerns. Whilst efficiency aspects of market design have tended to focus upon market power concerns, the new policy challenges…

Theoretical Economics · Economics 2023-04-06 Lamia Varawala , Mohammad Reza Hesamzadeh , György Dán , Derek Bunn , Juan Rosellón

This paper provides an overview of the status of the electricity market in the region, indicating the nexus between electricity consumption with population growth and GDP. It also analyzes the policy portfolio in different countries,…

General Finance · Quantitative Finance 2021-09-07 Mostafa Abdelrashied , Dikshita Bhattacharya

Many countries have commenced a transition from fossil fuel-based electricity generation systems to sustainable systems based on wind and solar generation. It is often noted that the least cost approach would involve a massive scale-up in…

Systems and Control · Electrical Eng. & Systems 2024-03-19 Stephen R. Clark , Craig McGregor

Constant rise in energy consumption that comes with the population growth and introduction of new technologies has posed critical issues such as efficient energy management on the consumer side. That has elevated the importance of the use…

Systems and Control · Electrical Eng. & Systems 2021-12-08 Sarvar Hussain Nengroo , Sangkeum Lee , Hojun Jin , Dongsoo Har