IDEAS home Printed from https://ideas.repec.org/p/cam/camdae/2072.html
   My bibliography  Save this paper

Implications of the National Energy and Climate Plans for the Single Electricity Market of the island of Ireland

Author

Listed:
  • Newbery, D.

Abstract

Member States have published National Energy and Climate Plans with challenging variable renewable electricity (VRE) targets. As VRE has a high peak to average output, the Single Electricity Market of the island of Ireland (SEM), will need to consider how best to balance the lost value of curtailment against the extra costs of higher Simultaneous Non-Synchronous Penetration (SNSP), more interconnector capacity and/or more storage. The paper develops a simple spreadsheet model to explore these options for the 2026 VRE targets in the SEM and her neighbours. Raising SNSP from 75% to 85% reduces curtailment from 13.3% to 8.1%, saving 1,338 GWh/yr of spilled wind. Adding the Celtic Link of 700 MW at SNSP of 75% reduces curtailment to 12.4% and saves 235 GWh/yr. Adding 100 MW of batteries saves 18 GWh/yr. The marginal spilled wind can be four times the average.

Suggested Citation

  • Newbery, D., 2020. "Implications of the National Energy and Climate Plans for the Single Electricity Market of the island of Ireland," Cambridge Working Papers in Economics 2072, Faculty of Economics, University of Cambridge.
  • Handle: RePEc:cam:camdae:2072
    Note: dmgn
    as

    Download full text from publisher

    File URL: http://www.econ.cam.ac.uk/research-files/repec/cam/pdf/cwpe2072.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Zappa, William & Junginger, Martin & van den Broek, Machteld, 2019. "Is a 100% renewable European power system feasible by 2050?," Applied Energy, Elsevier, vol. 233, pages 1027-1050.
    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. Newbery, David, 2021. "National Energy and Climate Plans for the island of Ireland: wind curtailment, interconnectors and storage," Energy Policy, Elsevier, vol. 158(C).
    2. David Newbery, 2020. "Club goods and a tragedy of the commons: the Clean Energy Package and wind curtailment," Working Papers EPRG2036, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.

    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. Alassi, Abdulrahman & Bañales, Santiago & Ellabban, Omar & Adam, Grain & MacIver, Callum, 2019. "HVDC Transmission: Technology Review, Market Trends and Future Outlook," Renewable and Sustainable Energy Reviews, Elsevier, vol. 112(C), pages 530-554.
    2. Wu, Chunying & Sun, Lingfang & Piao, Heng & Yao, Lijia, 2024. "Adaptive fuzzy finite time integral sliding mode control of the coordinated system for 350 MW supercritical once-through boiler unit to enhance flexibility," Energy, Elsevier, vol. 302(C).
    3. Melliger, Marc, 2023. "Quantifying technology skewness in European multi-technology auctions and the effect of design elements and other driving factors," Energy Policy, Elsevier, vol. 175(C).
    4. Lee, Yoonjae & Ha, Byeongmin & Hwangbo, Soonho, 2022. "Generative model-based hybrid forecasting model for renewable electricity supply using long short-term memory networks: A case study of South Korea's energy transition policy," Renewable Energy, Elsevier, vol. 200(C), pages 69-87.
    5. Gharibpour, Hassan & Aminifar, Farrokh & Rahmati, Iman & Keshavarz, Arezou, 2021. "Dual variable decomposition to discriminate the cost imposed by inflexible units in electricity markets," Applied Energy, Elsevier, vol. 287(C).
    6. Kang, Jidong & Wu, Zhuochun & Ng, Tsan Sheng & Su, Bin, 2023. "A stochastic-robust optimization model for inter-regional power system planning," European Journal of Operational Research, Elsevier, vol. 310(3), pages 1234-1248.
    7. Graça Gomes, João & Medeiros Pinto, José & Xu, Huijin & Zhao, Changying & Hashim, Haslenda, 2020. "Modeling and planning of the electricity energy system with a high share of renewable supply for Portugal," Energy, Elsevier, vol. 211(C).
    8. Jåstad, Eirik Ogner & Bolkesjø, Torjus Folsland, 2023. "Modelling emission and land-use impacts of altered bioenergy use in the future energy system," Energy, Elsevier, vol. 265(C).
    9. Luo, Shihua & Hu, Weihao & Liu, Wen & Zhang, Zhenyuan & Bai, Chunguang & Huang, Qi & Chen, Zhe, 2022. "Study on the decarbonization in China's power sector under the background of carbon neutrality by 2060," Renewable and Sustainable Energy Reviews, Elsevier, vol. 166(C).
    10. Chauvy, Remi & Dubois, Lionel & Lybaert, Paul & Thomas, Diane & De Weireld, Guy, 2020. "Production of synthetic natural gas from industrial carbon dioxide," Applied Energy, Elsevier, vol. 260(C).
    11. Le Treut, Gaëlle & Lefèvre, Julien & Lallana, Francisco & Bravo, Gonzalo, 2021. "The multi-level economic impacts of deep decarbonization strategies for the energy system," Energy Policy, Elsevier, vol. 156(C).
    12. Pillot, Benjamin & Al-Kurdi, Nadeem & Gervet, Carmen & Linguet, Laurent, 2021. "Optimizing operational costs and PV production at utility scale: An optical fiber network analogy for solar park clustering," Applied Energy, Elsevier, vol. 298(C).
    13. Laha, Priyanka & Chakraborty, Basab, 2021. "Low carbon electricity system for India in 2030 based on multi-objective multi-criteria assessment," Renewable and Sustainable Energy Reviews, Elsevier, vol. 135(C).
    14. Misconel, Steffi & Zöphel, Christoph & Möst, Dominik, 2021. "Assessing the value of demand response in a decarbonized energy system – A large-scale model application," Applied Energy, Elsevier, vol. 299(C).
    15. Atakan, Semih & Gangammanavar, Harsha & Sen, Suvrajeet, 2022. "Towards a sustainable power grid: Stochastic hierarchical planning for high renewable integration," European Journal of Operational Research, Elsevier, vol. 302(1), pages 381-391.
    16. Pietzcker, Robert C. & Osorio, Sebastian & Rodrigues, Renato, 2021. "Tightening EU ETS targets in line with the European Green Deal: Impacts on the decarbonization of the EU power sector," Applied Energy, Elsevier, vol. 293(C).
    17. Copp, David A. & Nguyen, Tu A. & Byrne, Raymond H. & Chalamala, Babu R., 2022. "Optimal sizing of distributed energy resources for planning 100% renewable electric power systems," Energy, Elsevier, vol. 239(PE).
    18. Farrell, C.C. & Osman, A.I. & Doherty, R. & Saad, M. & Zhang, X. & Murphy, A. & Harrison, J. & Vennard, A.S.M. & Kumaravel, V. & Al-Muhtaseb, A.H. & Rooney, D.W., 2020. "Technical challenges and opportunities in realising a circular economy for waste photovoltaic modules," Renewable and Sustainable Energy Reviews, Elsevier, vol. 128(C).
    19. van Zuijlen, Bas & Zappa, William & Turkenburg, Wim & van der Schrier, Gerard & van den Broek, Machteld, 2019. "Cost-optimal reliable power generation in a deep decarbonisation future," Applied Energy, Elsevier, vol. 253(C), pages 1-1.
    20. Papadis, Elisa & Tsatsaronis, George, 2020. "Challenges in the decarbonization of the energy sector," Energy, Elsevier, vol. 205(C).

    More about this item

    Keywords

    Variable renewable electricity; curtailment; interconnection; storage;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

    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:cam:camdae:2072. 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: Jake Dyer (email available below). General contact details of provider: https://www.econ.cam.ac.uk/ .

    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.