IDEAS home Printed from https://ideas.repec.org/p/ags/huiawp/292978.html
   My bibliography  Save this paper

How to go green? The effects of power system flexibility on the efficient transition to renewable generation

Author

Listed:
  • Neetzow, Paul

Abstract

For decarbonization purposes, variable renewable energies (VRE) are widely and quickly deployed in historically fossil-dominated power systems. Yet, some fossil technologies are more suitable than others for integration with VRE due to their higher flexibility. I utilize an analytically tractable model to study the optimal transition to a VRE-dominated sys-tem when the endowment of flexible and inflexible conventional generators is rigid. I find that the existence of inflexible fossil generators hampers early deployment of VRE. How-ever, deployment speed increases after VRE begin to substitute generation from inflexible generators, which happens after VRE and inflexible capacities strictly exceed demand together. At this time, the decreasing use of inflexible fossil generation is usually ac-companied by an increasing utilization of flexible generators. Nevertheless, constructing additional flexible capacities is only profitable under restrictive conditions. By contributing to a better understanding of the impact of flexibility on efficient VRE deployment, this work may facilitate an efficient transition process.

Suggested Citation

  • Neetzow, Paul, 2019. "How to go green? The effects of power system flexibility on the efficient transition to renewable generation," Working Paper Series 292978, Humboldt University Berlin, Department of Agricultural Economics.
    • Handle: RePEc:ags:huiawp:292978
    DOI: 10.22004/ag.econ.292978
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/292978/files/wp96.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.292978?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
    ---><---

    Citations

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


    Cited by:

    1. Klaus Eisenack & Mathias Mier, 2019. "Peak-load pricing with different types of dispatchability," Journal of Regulatory Economics, Springer, vol. 56(2), pages 105-124, December.
    2. Steinhäuser, J. Micha & Eisenack, Klaus, 2020. "How market design shapes the spatial distribution of power plant curtailment costs," Energy Policy, Elsevier, vol. 144(C).

    More about this item

    Keywords

    Agricultural and Food Policy; Food Security and Poverty; Resource /Energy Economics and Policy;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:ags:huiawp:292978. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/iahubde.html .

    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.