Til hovedinnhold

Electricity Prices and Value of Flexible Generation in Northern Europe in 2030

Electricity Prices and Value of Flexible Generation in Northern Europe in 2030

Kategori
Del av bok/rapport
Sammendrag
The aim of this paper is to quantify the value of flexible power generation technologies in Northern Europe in 2030, and in particular hydropower with storage. Two scenarios for the European power system in 2030 are presented. The study uses a fundamental hydrothermal power system model for the combined North-and West-European power system. The model gives optimal operation of the system, including operation strategies for individual hydro reservoirs, dispatch of power plants and simulated power prices. The results show power generation, income and realized power prices for a selection of hydropower and gas power plants, as well as wind and solar power. It is demonstrated that the value of flexible power generation increases with increasing shares of variable renewables in the power system, even if the average prices are reduced
Oppdragsgiver
  • Norges forskningsråd / 257588
Språk
Engelsk
Institusjon(er)
  • SINTEF Energi AS / Energisystemer
År
2019
Publisert i
International Conference on the European Energy Market
ISSN
2165-4093
Forlag
IEEE
Bok
2019 16th International Conference on the European Energy Market - EEM 2019
Hefte nr.
2019
ISBN
978-1-7281-1257-2