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Supporting Decarbonization Strategies of Local Energy Systems by De-Risking Investments in Renewables: A Case Study on Pantelleria Island

Author

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  • Riccardo Novo

    (Energy Center Lab, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy
    MOREnergy Lab, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy
    Dipartimento di Ingegneria Meccanica e Aerospaziale, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy)

  • Francesco Demetrio Minuto

    (Energy Center Lab, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy
    Dipartimento Energia “Galileo Ferraris”, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy)

  • Giovanni Bracco

    (MOREnergy Lab, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy
    Dipartimento di Ingegneria Meccanica e Aerospaziale, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy)

  • Giuliana Mattiazzo

    (Energy Center Lab, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy
    MOREnergy Lab, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy
    Dipartimento di Ingegneria Meccanica e Aerospaziale, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy)

  • Romano Borchiellini

    (Energy Center Lab, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy
    Dipartimento Energia “Galileo Ferraris”, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy)

  • Andrea Lanzini

    (Energy Center Lab, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy
    Dipartimento Energia “Galileo Ferraris”, Politecnico di Torino, Corso Duca degli Abruzzi, 24, 10129 Torino, Italy)

Abstract

Nowadays, energy policymakers are asked to develop strategies to ensure an affordable clean energy supply as well as minimizing investment risks. In addition, the rise of several community engagement schemes and the uptake of user-scale technologies introduce uncertainties that may result in a disruptive factor for energy systems evolution. This paper introduces a novel scenario analysis approach for local energy planning that supports policymakers and investors in prioritizing new renewable power plant investments, addressing the risks deriving from citizens’ choices. Specifically, a combined analysis is performed on the adoption trends of distributed photovoltaic systems and electric vehicles that are expected to heavily influence the evolution of energy systems. For this reason, an energy model is developed for Pantelleria island, and its transition from an oil-based energy supply to a renewable one up to 2050 is investigated. It is demonstrated how optimal-cost renewable-based scenarios can assure a 45% to 52% CO 2 emissions reduction and a 6% to 15% overall cost reduction with respect to the diesel-based business-as-usual scenario. The analyzed scenarios disclose the recommended investments in each renewable technology, considering their learning curves and the unpredictability of user-scale technology adoption. Consequently, priorities in the installation of renewable power plants are stressed, starting with the most resilient to future uncertainties, as well as promoting specific incentive measures for citizens’ commitment at a local scale.

Suggested Citation

  • Riccardo Novo & Francesco Demetrio Minuto & Giovanni Bracco & Giuliana Mattiazzo & Romano Borchiellini & Andrea Lanzini, 2022. "Supporting Decarbonization Strategies of Local Energy Systems by De-Risking Investments in Renewables: A Case Study on Pantelleria Island," Energies, MDPI, vol. 15(3), pages 1-25, February.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:3:p:1103-:d:740717
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    References listed on IDEAS

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    1. Mirakyan, Atom & De Guio, Roland, 2013. "Integrated energy planning in cities and territories: A review of methods and tools," Renewable and Sustainable Energy Reviews, Elsevier, vol. 22(C), pages 289-297.
    2. Tobias S. Schmidt, 2014. "Low-carbon investment risks and de-risking," Nature Climate Change, Nature, vol. 4(4), pages 237-239, April.
    3. Roby, Helen & Dibb, Sally, 2019. "Future pathways to mainstreaming community energy," Energy Policy, Elsevier, vol. 135(C).
    4. Neves, Ana Rita & Leal, Vítor, 2010. "Energy sustainability indicators for local energy planning: Review of current practices and derivation of a new framework," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(9), pages 2723-2735, December.
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    Cited by:

    1. Claudio Moscoloni & Fernando Zarra & Riccardo Novo & Enrico Giglio & Alberto Vargiu & Guglielmina Mutani & Giovanni Bracco & Giuliana Mattiazzo, 2022. "Wind Turbines and Rooftop Photovoltaic Technical Potential Assessment: Application to Sicilian Minor Islands," Energies, MDPI, vol. 15(15), pages 1-35, July.
    2. Alberto Vargiu & Riccardo Novo & Claudio Moscoloni & Enrico Giglio & Giuseppe Giorgi & Giuliana Mattiazzo, 2022. "An Energy Cost Assessment of Future Energy Scenarios: A Case Study on San Pietro Island," Energies, MDPI, vol. 15(13), pages 1-23, June.

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