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Optimal interconnection and renewable targets for north-west Europe

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  • Lynch, Muireann Á.
  • Tol, Richard S.J.
  • O'Malley, Mark J.

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.

Suggested Citation

  • Lynch, Muireann Á. & Tol, Richard S.J. & O'Malley, Mark J., 2012. "Optimal interconnection and renewable targets for north-west Europe," Energy Policy, Elsevier, vol. 51(C), pages 605-617.
    • Handle: RePEc:eee:enepol:v:51:y:2012:i:c:p:605-617
    DOI: 10.1016/j.enpol.2012.09.002
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    References listed on IDEAS

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