Optimal interconnection and renewable targets for north-west Europe

Lynch, Muireann Á, Tol, Richard S J and O'Malley, Mark J (2012) Optimal interconnection and renewable targets for north-west Europe. Energy Policy, 51. pp. 605-612. ISSN 0301-4215

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Abstract

We present a mixed-integer, linear programming model for determining optimal interconnection for a given level of renewable generation using a cost minimisation approach. Optimal interconnection and capacity investment decisions are determined under various targets for renewable penetration. The model is applied to a test system for eight regions in Northern Europe. It is found that considerations on the supply side dominate demand side considerations when determining optimal interconnection investment: interconnection is found to decrease generation capacity investment and total costs only when there is a target for renewable generation. Higher wind integration costs see a concentration of wind in high-wind regions with interconnection to other regions.

Item Type: Article
Keywords: Electricity interconnection; Renewable generation; Mixed-integer linear programming
Schools and Departments: School of Business, Management and Economics > Economics
Subjects: A General Works
Depositing User: Richard Tol
Date Deposited: 15 Mar 2013 08:40
Last Modified: 15 Mar 2013 08:40
URI: http://sro.sussex.ac.uk/id/eprint/44034
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