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Economic impact of 2020 renewable energy scenarios on the Spanish electricity market

P. Frías, P. Linares, T. Gómez

7th International Conference on the European Energy Market - EEM10, Madrid (España). 23-25 junio 2010


Resumen:

In order to meet the 20-20-20 European energy policy commitments Spain should continue increasing the amoun of electricity production from renewable energy sources (RES) along this decade. This paper analyzes the impact of the future RES deployment on the Spanish power system. Six scenarios are defined by setting different RES installed capacity targets and considering the uncertainty in fuel prices. First, the generation mix is planned for the horizon 2010-20 calculating the investment required in conventional thermal generation for each scenario. Then the system operation, hour by hour, is simulated in 2020 for each generation mix in each scenario. Operational fuel and carbon emission costs are calculated. Costs associated with operational reserves and wind curtailment to counteract or wind power intermittency and predictability errors are also computed. Finally, total systems costs, both investment and operating costs, are compared in the considered scenarios. The economic impact on electricity prices and operational margins of actual power plants is also discussed.

 


Palabras clave: Energy prospective, renewable energy sources, electricity markets, power system economics


DOI: DOI icon https://doi.org/10.1109/EEM.2010.5558716

Publicado en: IEEE EEM 2010: Conference proceedings, ISBN: 978-1-4244-6838-6

Fecha de publicación: 26-ago-2010


Cita:
P. Frías, P. Linares, T. Gómez, "Economic impact of 2020 renewable energy scenarios on the Spanish electricity market", presentado en 7th International Conference on the European Energy Market - EEM10, Madrid, España, 23-25 junio 2010. En: IEEE EEM 2010: Conference proceedings, doi: 10.1109/EEM.2010.5558716

    Líneas de investigación:
  • Integración de energía renovable
  • *Análisis de Estrategia a Largo Plazo
    Grupos de investigación:
  • Instituto de Investigación Tecnológica (IIT)

IIT-10-129C

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