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More spatially granular electricity wholesale markets promise more efficient operation and better asset siting in highly renewable power systems. Great Britain is considering moving from its current single-price national wholesale market to…

General Economics · Economics 2025-06-09 Lukas Franken , Andrew Lyden , Daniel Friedrich

The decarbonisation of the energy system is crucial for achieving climate goals and is inherently linked to the decarbonisation of industry. Despite this, few studies explore the simultaneous impacts of decarbonising both sectors. This…

Physics and Society · Physics 2024-10-31 Quentin Raillard-Cazanove , Thibaut Knibiehly , Robin Girard

The resource quality and the temporal generation pattern of variable renewable energy sources vary significantly across Europe. In this paper spatial distributions of renewable assets are explored which exploit this heterogeneity to lower…

Physics and Society · Physics 2017-06-05 Emil H. Eriksen , Leon J. Schwenk-Nebbe , Bo Tranberg , Tom Brown , Martin Greiner

Carbon prices are one of the most prominent methods to reduce global greenhouse gas emissions and have been adopted by several countries around the world. However, regionally different carbon prices can lead to carbon leakage. We…

Physics and Society · Physics 2022-02-15 Markus Schlott , Fabian Hofmann , Changlong Wang , R. O. Gomes , Alexander Kies

Expanding interregional transmission is widely viewed as essential for integrating clean energy into decarbonized power systems. Using the open-source Switch capacity expansion model with detailed representation of existing U.S. generation…

General Economics · Economics 2025-10-01 Rangrang Zheng , Greg Schivley , Matthias Fripp , Michael J. Roberts

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…

Systems and Control · Electrical Eng. & Systems 2024-03-15 Anthony D Stephens , David R Walwyn

An energy storage technology is valuable if it makes energy systems cheaper. Traditional ways to improve storage technologies are to reduce their costs; however, the cheapest energy storage is not always the most valuable in energy systems.…

Systems and Control · Electrical Eng. & Systems 2022-07-12 Maximilian Parzen , Fabian Neumann , Addrian H. Van Der Weijde , Daniel Friedrich , Aristides Kiprakis

Hydrogen can play an important role for decarbonization. While hydrogen is usually produced through SMR, it can also be produced through water electrolysis which is cleaner. The relative cost and carbon intensity of hydrogen production…

Applications · Statistics 2022-09-07 Mahmoud M. Ramadan , Yuanchen Wang , Pragya Tooteja

This paper focuses on assessing the potentials for the efficient low carbon development in green hydrogen and ammonia economy using an example of Ukraine as a case study. It describes the country prerequisites for the transition to…

General Economics · Economics 2025-03-31 Wadim Strielkowski

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

In the pursuit of a carbon-neutral future, hydrogen emerges as a pivotal element, serving as a carbon-free energy carrier and feedstock. As efforts to decarbonize sectors such as heating and transportation intensify, understanding and…

Systems and Control · Electrical Eng. & Systems 2024-06-04 Sunwoo Kim , Joungho Park , Jay H. Lee

Voluntary carbon-free electricity (CFE) procurement has the potential to accelerate electric sector decarbonization, but procurement strategies vary widely, leading to uncertainty about emissions, investments, and costs. This study assesses…

The temperature targets in the Paris Agreement cannot be met without very rapid reduction of greenhouse gas emissions and removal of carbon dioxide from the atmosphere. The latter requires large, perhaps prohibitively large subsidies. The…

General Economics · Economics 2022-09-05 Richard S. J. Tol

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

Under the downward tendency of prices of renewable energy generators and upward trend of hydrogen demand, this paper studies the technoeconomic supplement of P2G clusters with hydrogen pipeline for HVDC to jointly consume renewable energy.…

Systems and Control · Electrical Eng. & Systems 2021-02-04 Jiarong Li , Jin Lin , Yonghua Song , Jinyu Xiao , Feng Liu , Yuxuan Zhao , Sen Zhan

Some U.S. states have set clean energy goals and targets in an effort to decarbonize their electricity sectors. There are many reasons for such goals and targets, including the increasingly apparent effects of climate change. A handful of…

Systems and Control · Electrical Eng. & Systems 2022-11-22 Yixing Xu , Daniel Olsen , Bainan Xia , Dan Livengood , Victoria Hunt , Yifan Li , Lane Smith

Energy has always been the driving force in the technological and economic development of societies. The consumption of a significant amount of energy is required to provide basic living conditions of developed countries (heating,…

Chemical Physics · Physics 2017-02-21 Sofoklis Makridis

Hydrogen is becoming an increasingly appealing energy carrier, as the costs of renewable energy generation and water electrolysis continue to decline. Developing modelling and decision tools for the H$_{2}$ supply chain that fully capture…

Optimization and Control · Mathematics 2021-03-09 Guannan He , Dharik S. Mallapragada , Abhishek Bose , Clara F. Heuberger , Emre Gençer

Electrification of sectors such as land transport and building heating is a cost-effective pathway to deep decarbonization. However, some sectors still require energy-dense fuels -- including aviation, shipping and backup power -- or…

Physics and Society · Physics 2026-05-18 Philipp Glaum , Fabian Neumann , Markus Millinger , Tom Brown

Greenhouse gases (GHG) trap heat and make the planet warmer, exacerbating global climate change. Energy production is the second largest contributor to climate change [19]. In particular, the production of electricity and use of gas…

Optimization and Control · Mathematics 2023-11-28 Daria Soboleva , Alice Hoover , Melinda Koelling