Dataset Information

Green Power Grids: How Energy from Renewable Sources Affects Networks and Markets.

ABSTRACT: The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources. This is fundamentally changing the configuration of energy management and is introducing new problems that are only partly understood. In particular, renewable energies introduce fluctuations which cause an increased request for conventional energy sources to balance energy requests at short notice. In order to develop an effective usage of low-carbon sources, such fluctuations must be understood and tamed. In this paper we present a microscopic model for the description and for the forecast of short time fluctuations related to renewable sources in order to estimate their effects on the electricity market. To account for the inter-dependencies in the energy market and the physical power dispatch network, we use a statistical mechanics approach to sample stochastic perturbations in the power system and an agent based approach for the prediction of the market players' behavior. Our model is data-driven; it builds on one-day-ahead real market transactions in order to train agents' behaviour and allows us to deduce the market share of different energy sources. We benchmarked our approach on the Italian market, finding a good accordance with real data.

SUBMITTER: Mureddu M

PROVIDER: S-EPMC4559395 | biostudies-literature | 2015

REPOSITORIES: biostudies-literature

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Green Power Grids: How Energy from Renewable Sources Affects Networks and Markets.

Mureddu Mario M Caldarelli Guido G Chessa Alessandro A Scala Antonio A Damiano Alfonso A

PloS one 20150903 9

The increasing attention to environmental issues is forcing the implementation of novel energy models based on renewable sources. This is fundamentally changing the configuration of energy management and is introducing new problems that are only partly understood. In particular, renewable energies introduce fluctuations which cause an increased request for conventional energy sources to balance energy requests at short notice. In order to develop an effective usage of low-carbon sources, such fl ...[more]

PMID: 26335705

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Project description:Import and export of fossil energy carriers are cornerstones of energy systems world-wide. If energy systems are to become climate neutral and sustainable, fossil carriers need to be substituted with carbon neutral alternatives or electrified if possible. We investigate synthetic chemical energy carriers, hydrogen, methane, methanol, ammonia and Fischer-Tropsch fuels, produced using electricity from Renewable Energy Source (RES) as fossil substitutes. RES potentials are obtained from GIS-analysis and hourly resolved time-series are derived using reanalysis weather data. We model the sourcing of feedstock chemicals, synthesis and transport along nine different Energy Supply Chains to Germany and compare import options for seven locations around the world against each other and with domestically sourced alternatives on the basis of their respective cost per unit of hydrogen and energy delivered. We find that for each type of chemical energy carrier, there is an import option with lower costs compared to domestic production in Germany. No single exporting country or energy carrier has a unique cost advantage, since for each energy carrier and country there are cost-competitive alternatives. This allows exporter and infrastructure decisions to be made based on other criteria than energy and cost. The lowest cost means for importing of energy and hydrogen are by hydrogen pipeline from Denmark, Spain and Western Asia and Northern Africa starting at 36 EUR/MWhLHV to 42 EUR/MWhLHV or 1.0 EUR/kgH2 to 1.3 EUR/kgH2 (in 2050, assuming 5% p.a. capital cost). For complex energy carriers derived from hydrogen like methane, ammonia, methanol or Fischer-Tropsch fuels, imports from Argentina by ship to Germany are lower cost than closer exporters in the European Union or Western Asia and Northern Africa. For meeting hydrogen demand, direct hydrogen imports are more attractive than indirect routes using methane, methanol or ammonia imports and subsequent decomposition to hydrogen because of high capital investment costs and energetic losses of the indirect routes. We make our model and data available under open licenses for adaptation and reuse.

Dataset Information

Green Power Grids: How Energy from Renewable Sources Affects Networks and Markets.

Publications

Green Power Grids: How Energy from Renewable Sources Affects Networks and Markets.

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