Arbeitspapier

Wind power decreases the need for storage in an interconnected 100% renewable European power sector

The massive expansion of wind power and solar PV is the primary strategy to reduce greenhouse gas emissions in many countries. Due to their variable generation profiles, power sector flexibility needs to increase. Geographical balancing enabled by electricity grids and temporal flexibility enabled by electricity storage are important options for flexibility. As they interact with each other, we investigate how and why interconnection with neighboring countries reduces storage needs. To do so, we apply a cost-minimizing open-source capacity expansion model to a 100% renewable energy scenario of central Europe. We use a factorization method to disentangle the effect of interconnection on optimal storage through distinct channels: differences in (i) countries' solar PV and wind power capacity factors, (ii) load profiles, as well as (iii) hydropower and bioenergy capacity. Results show that geographical balancing lowers aggregate storage capacities by around 30% in contrast to a similar system without interconnection. We further find that the differences in wind power profiles between countries explain, on average, around 80% of that effect. Differences in solar PV capacity factors, load profiles, or country-specific capacities of hydropower together explain up to 20%. Our analysis improves the understanding of the benefits of geographical balancing for providing flexibility and its drivers.

Sprache
Englisch

Erschienen in
Series: DIW Discussion Papers ; No. 2025

Klassifikation
Wirtschaft
Optimization Techniques; Programming Models; Dynamic Analysis
Alternative Energy Sources
Energy: Other
Thema
variable renewable energy sources
electricity storage
interconnection
numerical optimization

Ereignis
Geistige Schöpfung
(wer)
Roth, Alexander
Schill, Wolf-Peter
Ereignis
Veröffentlichung
(wer)
Deutsches Institut für Wirtschaftsforschung (DIW)
(wo)
Berlin
(wann)
2022

Handle
Letzte Aktualisierung
10.03.2025, 11:46 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Roth, Alexander
  • Schill, Wolf-Peter
  • Deutsches Institut für Wirtschaftsforschung (DIW)

Entstanden

  • 2022

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