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Moving Towards Sustainable Electricity Systems

In: Economics of Power Systems

Author

Listed:
  • Christoph Weber

    (University of Duisburg-Essen)

  • Dominik Möst

    (TU Dresden)

  • Wolf Fichtner

    (Karlsruhe Institute of Technology (KIT))

Abstract

This final chapter aims at distilling key issues for the move towards sustainable electricity systems. Thereby, the focus is on greenhouse gas (GHG) emission reductions to achieve the objectives of the Paris Agreement in the context of the current trends of decentralisation, digitisation as well as acceptance and participation. The general decision alternatives and challenges in decarbonisation are addressed first. Then, more specifically, three domains are scrutinised where specific challenges arise: balancing supply and demand, grid operation and development and prosumer integration and network tariffication. For each field, key challenges are identified followed by the technical solutions available or still to be developed. Then, regulatory and market-based concepts for overcoming the challenges are discussed along with political and societal aspects to be addressed. Against this setting, modelling approaches are highlighted that may be used to provide decision support – referring here as in the earlier sections back to the corresponding sections of the previous chapters. To conclude, some key insights are proposed – not with the intention to provide definitive answers on the issues at stake, but rather to indicate starting points to the readers for their in-depth investigations.

Suggested Citation

  • Christoph Weber & Dominik Möst & Wolf Fichtner, 2022. "Moving Towards Sustainable Electricity Systems," Springer Texts in Business and Economics, in: Economics of Power Systems, chapter 0, pages 387-416, Springer.
    • Handle: RePEc:spr:sptchp:978-3-030-97770-2_12
    DOI: 10.1007/978-3-030-97770-2_12
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