Cost-minimal investments into conventional generation capacities under a Europe-wide renewables policy
作者： Clemens Gerbaulet , Friedrich Kunz , Casimir Lorenz , Christian von Hirschhausen , Benjamin Reinhard
关键词: Renewable generation 、 Investment cost 、 Environmental economics 、 Electricity system 、 Renewable energy 、 Economics 、 Microeconomics 、 Dispatchable generation 、 Investment (macroeconomics)
摘要: For the future development of European electricity system, renewable generation is assigned a dominant role with underlying aim to reduce carbon intensity. This has direct implications for conventional, dispatchable capacities and their development. The objective this paper investigate investments in conventional technologies given path. We develop an integrated dynamic investment model that endogenously determines cost-minimal into network infrastructure. Our results show overall level comparable other studies, but cost assumptions determine choice technology.
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