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Least-cost non-RES thermal power plants mix in power systems with majority penetrations of renewable energy

dc.contributor.authorAlgarvio, Hugo
dc.date.accessioned2022-01-05T11:24:33Z
dc.date.available2022-01-05T11:24:33Z
dc.date.issued2021-09
dc.description.abstractABSTRACT: The ambitious targets of the European Union (EU) for a greater penetration of renewable energy sources (RES) in all areas of activity have led to power systems with growing levels of variable RES (VRES) all over the EU. Considering these targets, the EU countries presented their National Energy and Climate Plans (NECP) with their expected capacity until 2030. The NECPs considered a relevant increase in the VRES capacity and in some cases a decrease in the capacity of dispatchable power plants. VRES have near-zero marginal costs and increase the volatility of the net-load due to the stochastic profile of their production. These characteristics increase the need to maintain fast-response dispatchable power plants to guarantee the security of supply and also decrease market prices. Thus, governments promote externalities, as capacity mechanisms and other incentives to these players, guaranteeing their economic sustainability. This study presents the optimization of the non-RES thermal capacity of the Iberian power system by 2030, considering the least-cost algorithm. Considering a cooperative scenario between Portugal and Spain, it is possible to reduce the system costs by 17.40%, the curtailments quantity by 21.93%, the number of market-splitting hours by 43.26% and the dioxide carbon emissions by 4.76%.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationAlgarvio, Hugo - Least-cost non-RES thermal power plants mix in power systems with majority penetrations of renewable energy. In: Electricity, 2021, Vol. 4 (2), p. 403-422pt_PT
dc.identifier.doi10.3390/electricity2040024pt_PT
dc.identifier.issn2673-4826
dc.identifier.urihttp://hdl.handle.net/10400.9/3665
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPIpt_PT
dc.relationSmart-grid optimisation using rate of change of frequency (RoCoF) to rapidly balance power grid network frequency - enabling more widespread use of unpredictable renewables and minimising blackouts
dc.relation.publisherversionhttps://doi.org/10.3390/electricity2040024pt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectRenewable energy sourcespt_PT
dc.subjectThermal solar systemspt_PT
dc.subjectVariable renewables powerpt_PT
dc.subjectSustainable economypt_PT
dc.subjectIberian power systempt_PT
dc.titleLeast-cost non-RES thermal power plants mix in power systems with majority penetrations of renewable energypt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.awardTitleSmart-grid optimisation using rate of change of frequency (RoCoF) to rapidly balance power grid network frequency - enabling more widespread use of unpredictable renewables and minimising blackouts
oaire.awardURIinfo:eu-repo/grantAgreement/EC/H2020/719137/EU
oaire.citation.endPage422pt_PT
oaire.citation.issue2pt_PT
oaire.citation.startPage403pt_PT
oaire.citation.titleElectricitypt_PT
oaire.citation.volume4pt_PT
oaire.fundingStreamH2020
person.identifier.ciencia-idB01D-304F-6CD3
person.identifier.orcid0000-0002-4129-838X
project.funder.identifierhttp://doi.org/10.13039/501100008530
project.funder.nameEuropean Commission
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication63bffd90-c233-4ffe-b222-d5b12e31ae33
relation.isAuthorOfPublication.latestForDiscovery63bffd90-c233-4ffe-b222-d5b12e31ae33
relation.isProjectOfPublication2e72f5fc-094b-441d-9a83-288962ad68b1
relation.isProjectOfPublication.latestForDiscovery2e72f5fc-094b-441d-9a83-288962ad68b1

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