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As photovoltaic power is expanding rapidly worldwide, it is imperative to assess its promise under future climate scenarios. While a great deal of research has been devoted to trends of mean solar radiation, less attention has been paid to…

Atmospheric and Oceanic Physics · Physics 2020-11-13 Jun Yin , Annalisa Molini , Amilcare Porporato

Wind and solar electricity generation account for 14% of total electricity generation in the United States and are expected to continue to grow in the next decades. In low carbon systems, generation from renewable energy sources displaces…

Econometrics · Economics 2024-08-12 Dhruv Suri , Jacques de Chalendar , Ines Azevedo

Renewable energy sources, especially wind energy, are to play a larger role in providing electricity to industrial and domestic consumers. This is already the case today for a number of European countries, closely followed by the US and…

Methodology · Statistics 2013-12-24 Pierre Pinson

Although recent studies have shown that electricity systems with shares of wind and solar above 80% can be affordable, economists have raised concerns about market integration. Correlated generation from variable renewable sources depresses…

General Finance · Quantitative Finance 2021-06-14 T. Brown , L. Reichenberg

Traditionally, inertia in power systems has been determined by considering all the rotating masses directly connected to the grid. During the last decade, the integration of renewable energy sources, mainly photovoltaic installations and…

Systems and Control · Electrical Eng. & Systems 2020-05-06 Ana Fernández-Guillamón , Emilio Gómez-Lázaro , Eduard Muljadi , Angel Molina-García

The use of renewable energy sources is a major strategy to mitigate climate change. Yet Sinn (2017) argues that excessive electrical storage requirements limit the further expansion of variable wind and solar energy. We question, and alter,…

Physics and Society · Physics 2018-07-19 Alexander Zerrahn , Wolf-Peter Schill , Claudia Kemfert

It is expected, and regionally observed, that energy demand will soon be covered by a widespread deployment of renewable energy sources. However, the weather and climate driven energy sources are characterized by a significant spatial and…

Physics and Society · Physics 2020-02-20 J. Jurasz , F. A. Canales , A. Kies , M. Guezgouz , A. Beluco

A transition to a fully global renewable energy infrastructure is potentially possible in no more than a few decades, even using current wind/solar technologies. We demonstrate that at its completion this transition would terminate…

Atmospheric and Oceanic Physics · Physics 2016-03-23 Peter D. Schwartzman , David W. Schwartzman , Xiaochun Zhang

In recent years, the contribution of renewable energy resources to the electrical grid has increased drastically; the most common of these are photovoltaic solar panels and wind turbines. These resources rely on inverters to interface with…

Systems and Control · Electrical Eng. & Systems 2026-03-31 John Slane , Adam Mate

The transition to a future electricity system based primarily on wind and solar PV is examined for all regions in the contiguous US. We present optimized pathways for the build-up of wind and solar power for least backup energy needs as…

Physics and Society · Physics 2015-03-31 Sarah Becker , Bethany A. Frew , Gorm B. Andresen , Mark Z. Jacobson , Stefan Schramm , Martin Greiner

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

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

Forecasting electricity prices is a challenging task and an active area of research since the 1990s and the deregulation of the traditionally monopolistic and government-controlled power sectors. Although it aims at predicting both spot and…

Statistical Finance · Quantitative Finance 2025-07-23 Katarzyna Maciejowska , Bartosz Uniejewski , Rafał Weron

The rapid uptake of renewable energy technologies in recent decades has increased the demand of energy researchers, policymakers and energy planners for reliable data on the spatial distribution of their costs and potentials. For onshore…

The Intergovernmental Panel on Climate Change proposes different mitigation strategies to achieve the net emissions reductions that would be required to follow a pathway that limits global warming to 1.5{\deg}C with no or limited overshoot.…

Systems and Control · Electrical Eng. & Systems 2021-12-10 Jonathan Dumas

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

Wind and solar power are known to be highly influenced by weather events and may ramp up or down abruptly. Such events in the power production influence not only the availability of energy, but also the stability of the entire power grid.…

Data Analysis, Statistics and Probability · Physics 2016-07-20 M. Anvari , G. Lohmann , M. Wächter , P. Milan , E. Lorenz , D. Heinemann , M. Reza Rahimi Tabar , Joachim Peinke

Abstract: The rising global temperatures caused by climate change significantly impact energy consumption and electricity generation. Fluctuating temperatures and frequent extreme weather events disrupt energy production and consumption…

Physics and Society · Physics 2024-12-18 MohammadReza Askari , Navid Parsa

We hypothesize that the present expansion of energy generation by variable renewable energy (VRE) power plants, such as wind and photovoltaic power plants, leads to a 100% renewable energy supply in 2030 because of its inherent exponential…

Systems and Control · Electrical Eng. & Systems 2021-11-18 Manfred G. Kratzenberg , Hans Helmut Zürn , Ricardo Rüther

Power supply from renewable resources is on a global rise where it is forecasted that renewable generation will surpass other types of generation in a foreseeable future. Increased generation from renewable resources, mainly solar and wind,…

Machine Learning · Statistics 2017-06-28 Mohana Alanazi , Mohsen Mahoor , Amin Khodaei
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