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Decarbonization of electricity systems in Europe: market design challenges

2021-01Journal article Unknown
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dc.contributor.authorStrbac, Goran
dc.contributor.authorPapadaskalopoulos, Dimitrios
dc.contributor.authorChrysanthopoulos, Nikolaos
dc.contributor.authorEstanqueiro, Ana
dc.contributor.authorAlgarvio, Hugo
dc.contributor.authorLopes, Fernando
dc.contributor.authorVries, Laurens de
dc.contributor.authorMorales-España, Germán
dc.contributor.authorSijm, Jos
dc.contributor.authorHernandez-Serna, Ricardo
dc.contributor.authorKiviluoma, Juha
dc.contributor.authorHelistö, Niina
dc.date.accessioned2022-01-04T16:13:11Z
dc.date.available2022-01-04T16:13:11Z
dc.date.issued2021-01
dc.description.abstractABSTRACT: Driven by climate change concerns, Europe has taken significant initiatives toward the decarbonization of its energy system. The European Commission (EC) has set targets for 2030 to achieve at least 40% reduction in greenhouse gas emissions with respect to the 1990 baseline level and cover at least 32% of the total energy consumption in the European Union (EU) through renewable energy sources, predominantly wind and solar generation. However, these technologies are inherently characterized by high variability, limited predictability and controllability, and lack of inertia, significantly increasing the balancing requirements of the system with respect to historical levels. The flexibility burden is currently carried by flexible fossil-fueled conventional generators (mainly gas), which are required to produce significantly less energy (as low operating cost and CO2-free renewable and nuclear generation are prioritized in the merit order) and operate part loaded with frequent startup and shut-down cycles, with devastating effects on their cost efficiency.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationStrbac, Goran... [et.al.] - Decarbonization of electricity systems in Europe: market design challenges. In: IEEE Power and Energy Magazine, 2021, Vol. 19 (1), p. 53-63pt_PT
dc.identifier.doi10.1109/MPE.2020.3033397pt_PT
dc.identifier.eissn1558-4216
dc.identifier.issn1540-7977
dc.identifier.urihttp://hdl.handle.net/10400.9/3661
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherIEEE - Institute of Electrical Electronics Engineerspt_PT
dc.relationTools for the Design and modelling of new markets and negotiation mechanisms for a ~100% Renewable European Power Systems
dc.relation.publisherversionhttps://doi.org/10.1109/MPE.2020.3033397pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectRenewable energy sourcespt_PT
dc.subjectRenewable integrationpt_PT
dc.subjectElectricity marketspt_PT
dc.subjectElectric systemspt_PT
dc.subjectCarbon neutralitypt_PT
dc.subjectEmission reductionpt_PT
dc.subjectClimate changept_PT
dc.subjectEuropept_PT
dc.titleDecarbonization of electricity systems in Europe: market design challengespt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleTools for the Design and modelling of new markets and negotiation mechanisms for a ~100% Renewable European Power Systems
oaire.awardURIinfo:eu-repo/grantAgreement/EC/H2020/864276/EU
oaire.citation.endPage63pt_PT
oaire.citation.issue1pt_PT
oaire.citation.startPage53pt_PT
oaire.citation.titleIEEE Power and Energy Magazinept_PT
oaire.citation.volume19pt_PT
oaire.fundingStreamH2020
person.familyNameEstanqueiro
person.familyNameLopes
person.familyNameKiviluoma
person.familyNameHelistö
person.givenNameAna
person.givenNameFernando
person.givenNameJuha
person.givenNameNiina
person.identifier.ciencia-id7F11-A24D-EE81
person.identifier.ciencia-idB01D-304F-6CD3
person.identifier.orcid0000-0002-0476-2526
person.identifier.orcid0000-0002-4129-838X
person.identifier.orcid0000-0002-2967-627X
person.identifier.orcid0000-0002-1299-9056
person.identifier.orcid0000-0001-9818-4669
person.identifier.ridJ-9752-2012
person.identifier.scopus-author-id19336967700
person.identifier.scopus-author-id18535966900
person.identifier.scopus-author-id57195325709
project.funder.identifierhttp://doi.org/10.13039/501100008530
project.funder.nameEuropean Commission
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
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