IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v195y2022icp66-75.html
   My bibliography  Save this article

Technoeconomic analysis of green energy transitions in isolated grids: The case of Ai Stratis – Green Island

Author

Listed:
  • Dimou, Andreas
  • Vakalis, Stergios

Abstract

The non-interconnected islands in Greece are electrified primarily with diesel generators. According to the Greek National Energy and Climate Plan, several islands that are not scheduled to connect to the mainland grid will be converted into green energy islands. A flagship green energy transition project is on the island of Agios Efstratios with the project “Ai Stratis – Green Island”. This study modelled the proposed design of the public call (Scenario 1) with the software HOMER Pro and compared it with two other designs in respect to RES penetration missions and economics. The proposed design of the public call projected excellent performance in respect to RES penetration with 82.8%. This study proposed Scenario 2 that was significantly less expensive than the public call, with an initial investment of €1.45M vs €3.00M of the public call. In addition, Scenario 2 had an LCOE of 0.149 €/kWh in comparison to the LCOE of 0.271 €/kWh for Scenario 1 and the sensitivity analysis showed that the LCOE of Scenario 2 has very small fluctuations. This study can provide a blueprint for the expansion of green energy transition projects since the lower cost of the initial installation may allow more projects to be implemented.

Suggested Citation

  • Dimou, Andreas & Vakalis, Stergios, 2022. "Technoeconomic analysis of green energy transitions in isolated grids: The case of Ai Stratis – Green Island," Renewable Energy, Elsevier, vol. 195(C), pages 66-75.
    • Handle: RePEc:eee:renene:v:195:y:2022:i:c:p:66-75
    DOI: 10.1016/j.renene.2022.06.039
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148122008710
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.renene.2022.06.039?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Bueno, C. & Carta, J.A., 2006. "Wind powered pumped hydro storage systems, a means of increasing the penetration of renewable energy in the Canary Islands," Renewable and Sustainable Energy Reviews, Elsevier, vol. 10(4), pages 312-340, August.
    2. Alves, M. & Segurado, R. & Costa, M., 2019. "Increasing the penetration of renewable energy sources in isolated islands through the interconnection of their power systems. The case of Pico and Faial islands, Azores," Energy, Elsevier, vol. 182(C), pages 502-510.
    3. Gioutsos, Dean Marcus & Blok, Kornelis & van Velzen, Leonore & Moorman, Sjoerd, 2018. "Cost-optimal electricity systems with increasing renewable energy penetration for islands across the globe," Applied Energy, Elsevier, vol. 226(C), pages 437-449.
    4. Prodromidis, George N. & Coutelieris, Frank A., 2012. "Simulations of economical and technical feasibility of battery and flywheel hybrid energy storage systems in autonomous projects," Renewable Energy, Elsevier, vol. 39(1), pages 149-153.
    5. Mason, I.G., 2015. "Comparative impacts of wind and photovoltaic generation on energy storage for small islanded electricity systems," Renewable Energy, Elsevier, vol. 80(C), pages 793-805.
    6. Blechinger, P. & Cader, C. & Bertheau, P. & Huyskens, H. & Seguin, R. & Breyer, C., 2016. "Global analysis of the techno-economic potential of renewable energy hybrid systems on small islands," Energy Policy, Elsevier, vol. 98(C), pages 674-687.
    7. Kaldellis, J.K. & Zafirakis, D. & Kavadias, K., 2009. "Techno-economic comparison of energy storage systems for island autonomous electrical networks," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(2), pages 378-392, February.
    8. Georgiou, Paraskevas N. & Mavrotas, George & Diakoulaki, Danae, 2011. "The effect of islands' interconnection to the mainland system on the development of renewable energy sources in the Greek power sector," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(6), pages 2607-2620, August.
    9. Papadopoulos, Agis M., 2020. "Renewable energies and storage in small insular systems: Potential, perspectives and a case study," Renewable Energy, Elsevier, vol. 149(C), pages 103-114.
    10. Kougias, Ioannis & Szabó, Sándor & Nikitas, Alexandros & Theodossiou, Nicolaos, 2019. "Sustainable energy modelling of non-interconnected Mediterranean islands," Renewable Energy, Elsevier, vol. 133(C), pages 930-940.
    11. Böttger, Diana & Götz, Mario & Theofilidi, Myrto & Bruckner, Thomas, 2015. "Control power provision with power-to-heat plants in systems with high shares of renewable energy sources – An illustrative analysis for Germany based on the use of electric boilers in district heatin," Energy, Elsevier, vol. 82(C), pages 157-167.
    12. Bahramara, S. & Moghaddam, M. Parsa & Haghifam, M.R., 2016. "Optimal planning of hybrid renewable energy systems using HOMER: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 609-620.
    13. Cabrera, Pedro & Lund, Henrik & Carta, José A., 2018. "Smart renewable energy penetration strategies on islands: The case of Gran Canaria," Energy, Elsevier, vol. 162(C), pages 421-443.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Deevela, Niranjan Rao & Singh, Bhim & Kandpal, Tara C., 2023. "Optimization and economic analysis of solar PV based hybrid system for powering Base Transceiver Stations in India," Energy, Elsevier, vol. 283(C).
    2. Uddin, Moslem & Mo, Huadong & Dong, Daoyi & Elsawah, Sondoss, 2023. "Techno-economic potential of multi-energy community microgrid: The perspective of Australia," Renewable Energy, Elsevier, vol. 219(P2).
    3. Maciej Żołądek & Alexandros Kafetzis & Rafał Figaj & Kyriakos Panopoulos, 2022. "Energy-Economic Assessment of Islanded Microgrid with Wind Turbine, Photovoltaic Field, Wood Gasifier, Battery, and Hydrogen Energy Storage," Sustainability, MDPI, vol. 14(19), pages 1-23, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Feio, Andrey Dias & da Silva, Flávio Castro & Teixeira, Marcos Alexandre & Lopes Maria, Ana Caroline & da Silva, Gabriel Brazo Sabino, 2024. "Viability of renewable energy integration in isolated systems in Brazil – A case study at Trindade Island (Espírito Santo, Brazil)," Renewable Energy, Elsevier, vol. 222(C).
    2. Groppi, Daniele & Pfeifer, Antun & Garcia, Davide Astiaso & Krajačić, Goran & Duić, Neven, 2021. "A review on energy storage and demand side management solutions in smart energy islands," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    3. Meschede, Henning & Esparcia, Eugene A. & Holzapfel, Peter & Bertheau, Paul & Ang, Rosario C. & Blanco, Ariel C. & Ocon, Joey D., 2019. "On the transferability of smart energy systems on off-grid islands using cluster analysis – A case study for the Philippine archipelago," Applied Energy, Elsevier, vol. 251(C), pages 1-1.
    4. Bertheau, Paul & Cader, Catherina, 2019. "Electricity sector planning for the Philippine islands: Considering centralized and decentralized supply options," Applied Energy, Elsevier, vol. 251(C), pages 1-1.
    5. Henning Meschede & Paul Bertheau & Siavash Khalili & Christian Breyer, 2022. "A review of 100% renewable energy scenarios on islands," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 11(6), November.
    6. Alves, M. & Segurado, R. & Costa, M., 2020. "On the road to 100% renewable energy systems in isolated islands," Energy, Elsevier, vol. 198(C).
    7. Anna Flessa & Dimitris Fragkiadakis & Eleftheria Zisarou & Panagiotis Fragkos, 2023. "Developing an Integrated Energy–Economy Model Framework for Islands," Energies, MDPI, vol. 16(3), pages 1-32, January.
    8. Papadopoulos, Agis M., 2020. "Renewable energies and storage in small insular systems: Potential, perspectives and a case study," Renewable Energy, Elsevier, vol. 149(C), pages 103-114.
    9. Javed, Muhammad Shahzad & Ma, Tao & Jurasz, Jakub & Amin, Muhammad Yasir, 2020. "Solar and wind power generation systems with pumped hydro storage: Review and future perspectives," Renewable Energy, Elsevier, vol. 148(C), pages 176-192.
    10. Qiblawey, Yazan & Alassi, Abdulrahman & Zain ul Abideen, Mohammed & Bañales, Santiago, 2022. "Techno-economic assessment of increasing the renewable energy supply in the Canary Islands: The case of Tenerife and Gran Canaria," Energy Policy, Elsevier, vol. 162(C).
    11. Khasanzoda, Nasrullo & Safaraliev, Murodbek & Zicmane, Inga & Beryozkina, Svetlana & Rahimov, Jamshed & Ahyoev, Javod, 2022. "Use of smart grid based wind resources in isolated power systems," Energy, Elsevier, vol. 253(C).
    12. Meschede, Henning & Holzapfel, Peter & Kadelbach, Florian & Hesselbach, Jens, 2016. "Classification of global island regarding the opportunity of using RES," Applied Energy, Elsevier, vol. 175(C), pages 251-258.
    13. Moritz Wegener & Antonio Isalgué & Anders Malmquist & Andrew Martin, 2019. "3E-Analysis of a Bio-Solar CCHP System for the Andaman Islands, India—A Case Study," Energies, MDPI, vol. 12(6), pages 1-19, March.
    14. Siamak Hoseinzadeh & Daniele Groppi & Adriana Scarlet Sferra & Umberto Di Matteo & Davide Astiaso Garcia, 2022. "The PRISMI Plus Toolkit Application to a Grid-Connected Mediterranean Island," Energies, MDPI, vol. 15(22), pages 1-14, November.
    15. Ringkjøb, Hans-Kristian & Haugan, Peter M. & Nybø, Astrid, 2020. "Transitioning remote Arctic settlements to renewable energy systems – A modelling study of Longyearbyen, Svalbard," Applied Energy, Elsevier, vol. 258(C).
    16. Ackermann, Simon & Szabo, Andrei & Bamberger, Joachim & Steinke, Florian, 2022. "Design and optimization of performance guarantees for hybrid power plants," Energy, Elsevier, vol. 239(PA).
    17. Andrea A. Eras-Almeida & Miguel A. Egido-Aguilera & Philipp Blechinger & Sarah Berendes & Estefanía Caamaño & Enrique García-Alcalde, 2020. "Decarbonizing the Galapagos Islands: Techno-Economic Perspectives for the Hybrid Renewable Mini-Grid Baltra–Santa Cruz," Sustainability, MDPI, vol. 12(6), pages 1-47, March.
    18. Arévalo, Paúl & Cano, Antonio & Jurado, Francisco, 2022. "Mitigation of carbon footprint with 100% renewable energy system by 2050: The case of Galapagos islands," Energy, Elsevier, vol. 245(C).
    19. Kaldellis, J.K. & Kapsali, M. & Kavadias, K.A., 2010. "Energy balance analysis of wind-based pumped hydro storage systems in remote island electrical networks," Applied Energy, Elsevier, vol. 87(8), pages 2427-2437, August.
    20. Cabrera, Pedro & Lund, Henrik & Carta, José A., 2018. "Smart renewable energy penetration strategies on islands: The case of Gran Canaria," Energy, Elsevier, vol. 162(C), pages 421-443.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:renene:v:195:y:2022:i:c:p:66-75. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/renewable-energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.