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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

We estimated system-wise levelized cost of electricity (LCOE) for a power grid with a high level of renewable energy using our grid optimization model. The estimation results of the system-wise LCOE are discussed in terms of the nexus of…

Physics and Society · Physics 2019-04-10 Yuichi Ikeda

The levelized cost of energy (LCOE) presents the energy-normalized cost of a generation asset by considering all associated costs (investment and operation) and total generated energy over its life cycle. As LCOE is a levelized value, it…

Systems and Control · Computer Science 2016-10-25 Hossein Lotfi , Alireza Majzoobi , Amin Khodaei , Shay Bahramirad , Aleksi Paaso

Research attention on decentralized autonomous energy systems has increased exponentially in the past three decades, as demonstrated by the absolute number of publications and the share of these studies in the corpus of energy system…

General Economics · Economics 2020-11-12 Jann Michael Weinand , Fabian Scheller , Russell McKenna

For a cost efficient design of a future renewable European electricity system, the placement of renewable generation capacity will seek to exploit locations with good resource quality, that is for instance onshore wind in countries…

Physics and Society · Physics 2018-03-05 Bo Tranberg , Leon J. Schwenk-Nebbe , Mirko Schäfer , Jonas Hörsch , Martin Greiner

Renewable energy resources are widely available, yet they are unevenly distributed globally. In a renewable future, countries lacking high-quality renewable resources may choose to import energy from other countries. To assess the…

Physics and Society · Physics 2024-03-15 Xiaoming Kan , Lina Reichenberg , Fredrik Hedenus , David Daniels

Several research studies have shown that future sustainable electricity systems, mostly based on renewable generation and storage, are feasible with current technologies and costs. However, recent episodes of extreme weather conditions,…

Systems and Control · Electrical Eng. & Systems 2023-09-26 Francisco Gutierrez-Garcia , Angel Arcos-Vargas , Antonio Gomez-Exposito

Renewable energy sources (RES) are getting closer to grid parity within interconnected systems while their use in isolated and remote areas is already cost competitive with conventional generation. In mini-grids, isolated and far from the…

Physics and Society · Physics 2018-02-13 Markus Groissböck , Alexandre Gusmao

The offshore oil and natural gas platforms, mostly powered by diesel or gas generators, consume approximately 16TWh of electricity worldwide per year, which emits large amount of CO2. To limit their contribution to climate change, a…

Systems and Control · Electrical Eng. & Systems 2023-08-07 Ann Mary Toms , Xingpeng Li , Kaushik Rajashekara

The transformation of the energy system has raised concerns about the reliability of fully renewable energy systems. We address this question for a 2050 European energy system using an economically optimal adequacy assessment. Our results…

Optimization and Control · Mathematics 2026-03-02 David Franzmann , Nils Ludwig , Jochen Linßen , Detlef Stolten , Heidi Heinrichs

The steady decrease in the levelized cost of solar energy (LCOE) has made it increasingly cost-competitive against fossil fuels. The cost reduction is supported by a combination of material, device, and system innovations. To this end,…

Applied Physics · Physics 2018-12-20 M. Tahir Patel , M. Ryyan Khan , Xingshu Sun , Muhammad A. Alam

The generation of synthetic natural gas from renewable electricity enables long-term energy storage and provides clean fuels for transportation. In this article, we analyze fully renewable Power-to-Methane systems using a high-resolution…

Physics and Society · Physics 2020-02-17 Simon Morgenthaler , Christopher Ball , Jan Koj , Wilhelm Kuckshinrichs , Dirk Witthaut

Marginal emissions rates -- the sensitivity of carbon emissions to electricity demand -- are important for evaluating the impact of emissions mitigation measures. Like locational marginal prices, locational marginal emissions rates (LMEs)…

Systems and Control · Electrical Eng. & Systems 2024-08-21 Anthony Degleris , Lucas Fuentes Valenzuela , Ram Rajagopal , Marco Pavone , Abbas El Gamal

Low-Earth-Orbit (LEO) satellite constellations are becoming integral to 6G infrastructure, but increasing in-orbit computation accelerates battery degradation and raises sustainability concerns. Meanwhile, renewable-heavy regions worldwide…

Networking and Internet Architecture · Computer Science 2026-05-06 Xiaoyi Fan , Yi Ching Chou , Hao Fang , Long Chen , Haoyuan Zhao , Ershun Du , Chongqing Kang , Zhe Chen , Jiangchuan Liu

For more than a century, the grid has operated in a centralized top-down fashion. However, as distributed energy resources (DERs) penetration grows, the grid edge is increasingly infused with intelligent computing and communication…

Systems and Control · Electrical Eng. & Systems 2024-08-30 Sakshi Mishra , Roohallah Khatami , Yu Christine Chen

This paper evaluates the cost competitiveness of microreactors in today's electricity markets, with a focus on uncertainties in reactor costs. A Genetic Algorithm (GA) is used to optimize key technical parameters, such as reactor capacity,…

Neural and Evolutionary Computing · Computer Science 2025-12-22 Muhammad R. Abdussami , Ikhwan Khaleb , Fei Gao , Aditi Verma

A whole-system, investment-optimising model has been used to examine the change in total cost of meeting demand for electricity when Smart Local Energy Systems (SLES) are deployed. Our assumption is that SLES, alongside their other…

Physics and Society · Physics 2020-03-20 Marko Aunedi , Tim Green

This paper examines how decentralized energy systems can be enhanced using collaborative Edge Artificial Intelligence. Decentralized grids use local renewable sources to reduce transmission losses and improve energy security. Edge AI…

Emerging Technologies · Computer Science 2025-05-13 Eddie de Paula , Niel Bunda , Hezerul Abdul Karim , Nouar AlDahoul , Myles Joshua Toledo Tan

As renewable energy integration, sector coupling, and spatiotemporal detail increase, energy system optimization models grow in size and complexity, often pushing solvers to their performance limits. This systematic review explores…

The total electricity consumption from offshore oil/gas platforms is around 16 TWh worldwide in 2019. The majority offshore platforms are powered by the diesel generators while the rest mainly uses gas turbines, which emits large amounts of…

Systems and Control · Electrical Eng. & Systems 2022-08-16 Cunzhi Zhao , Xingpeng Li
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