Authors
André Pina, Carlos A Silva, Paulo Ferrão
Publication date
2013/12/1
Journal
Applied Energy
Volume
112
Pages
215-223
Publisher
Elsevier
Description
The design of transition pathways for sustainable electricity systems with high penetrations of renewable energy sources requires the use of energy modeling tools that are able to account for two key aspects: the evolution of fossil fuels and technology prices, and the natural dynamics of renewable resources. However, the modeling methodologies most currently used focus on only one of these two aspects, which hinders their suitability for performing long-term analysis with high penetrations of renewable energy sources.
This paper presents a modeling framework that is able to optimize the investment in new renewable generation capacity on the long-term while taking into account the hourly dynamics of electricity supply and demand. The framework combines two of the most used energy planning tools, each able to account for one of the aspects of the modeling of energy systems.
The framework was applied to …
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