气候变化领域集成服务门户(CCPortal): Economic assessment of high renewable energy penetration scenario in 2030 on the interconnected Irish power system

CCPortal

DOI	10.1016/j.enpol.2020.111774
	Economic assessment of high renewable energy penetration scenario in 2030 on the interconnected Irish power system
	Wang S.; Huang Y.; Vorushylo I.; Chen H.; McLarnon D.; MacArtain P.; Hewitt N.
发表日期	2020
ISSN	03014215
卷号	145
英文摘要	The Irish Government has set very ambitious targets for the penetration of renewables into the Integrated Single Electricity Market (I-SEM), aiming for 40% electricity generation by 2020. This renewable share is expected to increase further in the I-SEM, British Electricity Trading and Transmission Arrangements (BETTA) and French electricity market by 2030. This research presents a case study testing the various levels of renewable energy integration in the three regions and assessed the economic impacts and benefits at elevated renewables penetration. To measure the economic and environmental sustainability, four indicators, i.e. annual wholesale system marginal prices (SMPs), total generation costs, total generation net revenues and CO2 emissions were selected. The results showed that the I-SEM 2030 wholesale electricity market pricing would range from €101.26/MWh to €50.77/MWh with the increase of renewable integration from 44% to 75%. In the BETTA and French market, the addition of the renewable generation contributes to reductions to SMPs by 51.10% and 51.61% at most, respectively. It was also found that these enhanced renewable targets for 2030 could lower consumers’ electricity bills and expand the total social welfare. © 2020 Elsevier Ltd
关键词	High renewable penetration Integrated single electricity market (I-SEM)Interconnected power system Power system economics Wind curtailment
英文关键词	Electric industry; Integration testing; Power markets; Renewable energy resources; Sustainable development; Economic assessments; Electricity generation; Environmental sustainability; Renewable energy integrations; Renewable energy penetrations; Renewable integration; System marginal price; Wholesale electricity markets; Costs; alternative energy; economic analysis; economic impact; electrical power; electricity supply; sustainability; Ireland
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204918
作者单位	Institute of Engineering Thermophysics, Chinese Academy of Sciences, Beijing, China; Centre for Renewables and Energy, Dundalk Institute of Technology, Ireland; CST, Ulster University, Jordanstown, United Kingdom
推荐引用方式 GB/T 7714	Wang S.,Huang Y.,Vorushylo I.,et al. Economic assessment of high renewable energy penetration scenario in 2030 on the interconnected Irish power system[J],2020,145.
APA	Wang S..,Huang Y..,Vorushylo I..,Chen H..,McLarnon D..,...&Hewitt N..(2020).Economic assessment of high renewable energy penetration scenario in 2030 on the interconnected Irish power system.Energy Policy,145.
MLA	Wang S.,et al."Economic assessment of high renewable energy penetration scenario in 2030 on the interconnected Irish power system".Energy Policy 145(2020).