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On the Way to a Sustainable European Energy System: Setting Up an Integrated Assessment Toolbox with TIMES PanEU as the Key Component

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  • Pinar Korkmaz

    (Institute of Energy Economics and Rational Energy Use, University of Stuttgart, Heßbrühlstraße 49A, 70565 Stuttgart, Germany)

  • Roland Cunha Montenegro

    (Institute of Energy Economics and Rational Energy Use, University of Stuttgart, Heßbrühlstraße 49A, 70565 Stuttgart, Germany)

  • Dorothea Schmid

    (Institute of Energy Economics and Rational Energy Use, University of Stuttgart, Heßbrühlstraße 49A, 70565 Stuttgart, Germany)

  • Markus Blesl

    (Institute of Energy Economics and Rational Energy Use, University of Stuttgart, Heßbrühlstraße 49A, 70565 Stuttgart, Germany)

  • Ulrich Fahl

    (Institute of Energy Economics and Rational Energy Use, University of Stuttgart, Heßbrühlstraße 49A, 70565 Stuttgart, Germany)

Abstract

The required decarbonization of the energy system is a complex task, with ambitious targets under the Paris Agreement, and related policy analysis should consider possible impacts on the economy and society. By coupling the energy system model TIMES PanEU with the impact assessment model EcoSense and the computable general equilibrium model NEWAGE, we present an integrated assessment toolbox for the European energy system capable of internalizing health damage costs of air pollution while simultaneously accounting for demand changes in energy services caused by economic feedback loops. The effects of each coupling step are investigated in a scenario analysis. Additionally, CO 2 decomposition analysis is applied to identify the main drivers to decarbonize the energy system. Our results show that integrating externalities forces the system to take early action, which provides benefits on the societal level. Including macro-economic variables has a negative effect on energy service demands and generally reduces the need for structural change, which are still the main drivers of decarbonization. The tighter the models are coupled, the fewer the iterations needed and the lower the CO 2 prices resulting from the carbon cap and trade system. In this aspect, an integrated view can provide valuable insights to determine efficient and effective decarbonization paths.

Suggested Citation

  • Pinar Korkmaz & Roland Cunha Montenegro & Dorothea Schmid & Markus Blesl & Ulrich Fahl, 2020. "On the Way to a Sustainable European Energy System: Setting Up an Integrated Assessment Toolbox with TIMES PanEU as the Key Component," Energies, MDPI, vol. 13(3), pages 1-36, February.
    • Handle: RePEc:gam:jeners:v:13:y:2020:i:3:p:707-:d:317283
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    Cited by:

    1. Luigi Fortuna & Arturo Buscarino, 2022. "Sustainable Energy Systems," Energies, MDPI, vol. 15(23), pages 1-7, December.
    2. Fodstad, Marte & Crespo del Granado, Pedro & Hellemo, Lars & Knudsen, Brage Rugstad & Pisciella, Paolo & Silvast, Antti & Bordin, Chiara & Schmidt, Sarah & Straus, Julian, 2022. "Next frontiers in energy system modelling: A review on challenges and the state of the art," Renewable and Sustainable Energy Reviews, Elsevier, vol. 160(C).
    3. Laura Torralba-Díaz & Christoph Schimeczek & Matthias Reeg & Georgios Savvidis & Marc Deissenroth-Uhrig & Felix Guthoff & Benjamin Fleischer & Kai Hufendiek, 2020. "Identification of the Efficiency Gap by Coupling a Fundamental Electricity Market Model and an Agent-Based Simulation Model," Energies, MDPI, vol. 13(15), pages 1-19, July.
    4. Chang, Miguel & Lund, Henrik & Thellufsen, Jakob Zinck & Østergaard, Poul Alberg, 2023. "Perspectives on purpose-driven coupling of energy system models," Energy, Elsevier, vol. 265(C).
    5. Henke, Hauke T.J. & Gardumi, Francesco & Howells, Mark, 2022. "The open source electricity Model Base for Europe - An engagement framework for open and transparent European energy modelling," Energy, Elsevier, vol. 239(PA).
    6. Gardumi, F. & Keppo, I. & Howells, M. & Pye, S. & Avgerinopoulos, G. & Lekavičius, V. & Galinis, A. & Martišauskas, L. & Fahl, U. & Korkmaz, P. & Schmid, D. & Montenegro, R. Cunha & Syri, S. & Hast, A, 2022. "Carrying out a multi-model integrated assessment of European energy transition pathways: Challenges and benefits," Energy, Elsevier, vol. 258(C).
    7. Felix Kattelmann & Jonathan Siegle & Roland Cunha Montenegro & Vera Sehn & Markus Blesl & Ulrich Fahl, 2021. "How to Reach the New Green Deal Targets: Analysing the Necessary Burden Sharing within the EU Using a Multi-Model Approach," Energies, MDPI, vol. 14(23), pages 1-24, November.
    8. Das, Partha & Kanudia, Amit & Bhakar, Rohit & Mathur, Jyotirmay, 2022. "Intra-regional renewable energy resource variability in long-term energy system planning," Energy, Elsevier, vol. 245(C).

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