Optimal Interconnection and Renewable Targets in North-West Europe
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22/12/2011Citation:
Lynch, Muireann A.; O'Malley, Mark J.; Tol, Richard S J, Optimal Interconnection and Renewable Targets in North-West Europe, 2011Download Item:
WP416.pdf (Pre-print (author's copy) - Non-Peer Reviewed) 524.8Kb
Abstract:
We present a mixed-integer, linear programming model for determining optimal interconnection locations using a cost minimisation approach. Optimal interconnection and capacity investment decisions are determined under various targets for renewable penetration. The model is applied to a test system for eight countries in Northern Europe. It is found that considerations on the supply side dominate demand side considerations when determining optimal interconnection investment. Interconnection is found to be most valuable when targets for renewable electricity are set for the whole system, rather than for different regions within the system.
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http://people.tcd.ie/tolrDescription:
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ESRIType of material:
Working PaperSeries/Report no:
ESRI Working Paper;416Availability:
Full text availableKeywords:
europe, interconnection, cost, investment, Renewable electricity, electricityLicences: