Modeling hourly electricity dynamics for policy making in long-term scenarios
Energy policies are often related to the global effort in reducing greenhouse gas emissions through increased use of renewable energies in electricity production. The impact of these policies is usually calculated by energy planning tools. However, the modeling methodologies most currently used are not adequate to simulate long-term scenarios while considering the hourly dynamics of supply and demand. This paper presents an extension of the TIMES energy planning tool for investment decisions in electricity production that considers seasonal, daily and hourly supply and demand dynamics. The inclusion of these dynamics enables the model to produce more accurate results in what concerns the impact of introducing energy efficiency policies and the increased use of renewable energies. The model was validated in São Miguel (Azores, Portugal) for the years 2006-2009, where a comparison with real data showed that the model can simulate the supply and demand dynamics. Further, the long-term analysis shows that the inclusion of these dynamics contributes to a better assessment of the renewable energy potential, suggests the postponement of investments in new generation capacity, and demonstrates that using fine time resolution modeling is very valuable for the design of effective policy measures under high renewable penetration energy systems.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Richard Loulou & Maryse Labriet, 2008. "ETSAP-TIAM: the TIMES integrated assessment model Part I: Model structure," Computational Management Science, Springer, vol. 5(1), pages 7-40, February.
- Vaillancourt, Kathleen & Labriet, Maryse & Loulou, Richard & Waaub, Jean-Philippe, 2008. "The role of nuclear energy in long-term climate scenarios: An analysis with the World-TIMES model," Energy Policy, Elsevier, vol. 36(7), pages 2296-2307, July.
- Blesl, Markus & Das, Anjana & Fahl, Ulrich & Remme, Uwe, 2007. "Role of energy efficiency standards in reducing CO2 emissions in Germany: An assessment with TIMES," Energy Policy, Elsevier, vol. 35(2), pages 772-785, February.
- Ang, B.W. & Ng, T.T., 1992. "The use of growth curves in energy studies," Energy, Elsevier, vol. 17(1), pages 25-36.
- Connolly, D. & Lund, H. & Mathiesen, B.V. & Leahy, M., 2010. "A review of computer tools for analysing the integration of renewable energy into various energy systems," Applied Energy, Elsevier, vol. 87(4), pages 1059-1082, April.
- Rout, Ullash K. & Fahl, Ulrich & Remme, Uwe & Blesl, Markus & Voß, Alfred, 2009. "Endogenous implementation of technology gap in energy optimization models--a systematic analysis within TIMES G5 model," Energy Policy, Elsevier, vol. 37(7), pages 2814-2830, July.
- Möst, Dominik & Fichtner, Wolf, 2010. "Renewable energy sources in European energy supply and interactions with emission trading," Energy Policy, Elsevier, vol. 38(6), pages 2898-2910, June.
- Lund, H. & Mathiesen, B.V., 2009. "Energy system analysis of 100% renewable energy systems—The case of Denmark in years 2030 and 2050," Energy, Elsevier, vol. 34(5), pages 524-531.
- Howells, M. I. & Alfstad, T. & Victor, D. G. & Goldstein, G. & Remme, U., 2005. "A model of household energy services in a low-income rural African village," Energy Policy, Elsevier, vol. 33(14), pages 1833-1851, September.
- Simões, Sofia & Cleto, João & Fortes, Patricia & Seixas, Júlia & Huppes, Gjalt, 2008. "Cost of energy and environmental policy in Portuguese CO2 abatement--scenario analysis to 2020," Energy Policy, Elsevier, vol. 36(9), pages 3598-3611, September.
- Richard Loulou, 2008. "ETSAP-TIAM: the TIMES integrated assessment model. part II: mathematical formulation," Computational Management Science, Springer, vol. 5(1), pages 41-66, February.
When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:39:y:2011:i:9:p:4692-4702. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.