Intersection of national renewable energy policies in countries with a common power market

Behnam Zakeri, Sanna Syri

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

3 Citations (Scopus)

Abstract

The EU energy policy aims to establish an EU-wide common power market through market couplings and cross-border grid expansions. The outcome of such international power markets may intersect with national renewable energy policies. To analyze this case, we introduce a market-based multi-region energy systems model to investigate the mutual impacts of energy transitions in a group of interconnected countries. The proposed model is a combination (hard-linking) of a multi-region power market model and hourly energy systems modeling of each constituent region. The case of Nordic power market with highly coupled areas, a high share of hydropower, and interlinked heating and power sectors (e.g., by combined heat and power plants (CHP) and district heating) is examined. According to the results, predicted targets for integration of variable renewable energy (VRE) in one country (Finland) can be counterbalanced by changes in the energy policy of interlinked countries (e.g. by nuclear power phase-out in Sweden). Comparing cross-border transmission lines versus local electricity storage suggests that domestic flexibility is 5 times more efficient in reducing wind curtailment in this case. The cost of such energy storage is, however, 90% higher than electricity sales from respective VRE integration. This calls for international, coordinated joint efforts in energy planning to guarantee an optimal utilization of energy resources and maintaining required flexibility for integration of renewable energy in such coupled regions at minimum cost.

Original languageEnglish
Title of host publication2016 13th International Conference on the European Energy Market, EEM 2016
Number of pages5
Volume2016-July
ISBN (Electronic)9781509012978, 978-1-5090-1298-5
DOIs
Publication statusPublished - 25 Jul 2016
MoE publication typeA4 Article in a conference publication
EventInternational Conference on the European Energy Market - Porto, Portugal
Duration: 6 Jun 20169 Jun 2016
Conference number: 13
http://www.eem2016.com/

Publication series

NameInternational Conference on the European Energy Market
ISSN (Print)2165-4077

Conference

ConferenceInternational Conference on the European Energy Market
Abbreviated titleEEM
CountryPortugal
CityPorto
Period06/06/201609/06/2016
Internet address

Keywords

  • Energy system model
  • European energy markets
  • Flexibility
  • Power market coupling
  • Renewable energy policy

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