English

Modeling all alternative solutions for highly renewable energy systems

Computational Engineering, Finance, and Science 2021-06-30 v2

Abstract

As the world is transitioning towards highly renewable energy systems, advanced tools are needed to analyze such complex networks. Energy system design is, however, challenged by real-world objective functions consisting of a blurry mix of technical and socioeconomic agendas, with limitations that cannot always be clearly stated. As a result, it is highly likely that solutions which are techno-economically suboptimal will be preferable. Here, we present a method capable of determining the continuum containing all techno-economically near-optimal solutions, moving the field of energy system modeling from discrete solutions to a new era where continuous solution ranges are available. The presented method is applied to study a range of technical and socioeconomic metrics on a model of the European electricity system. The near-optimal region is found to be relatively flat allowing for solutions that are slightly more expensive than the optimum but better in terms of equality, land use, and implementation time.

Keywords

Cite

@article{arxiv.2010.00836,
  title  = {Modeling all alternative solutions for highly renewable energy systems},
  author = {Tim T. Pedersen and Marta Victoria and Morten G. Rasmussen and Gorm B. Andresen},
  journal= {arXiv preprint arXiv:2010.00836},
  year   = {2021}
}

Comments

25 pages, 7 figures, also available as preprint at: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3682045

R2 v1 2026-06-23T18:57:34.397Z