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Barroso, L., Munoz, F. D., Bezerra, B., Rudnick, H., & Cunha, G. (2021). Zero-Marginal-Cost Electricity Market Designs: Lessons Learned From Hydro Systems in Latin America Might Be Applicable for Decarbonization. IEEE Power Energy Mag., 19(1), 64–73.
Abstract: Large reductions in the cost of renewable energy technologies, particularly wind and solar, as well as various instruments used to achieve decarbonization targets (e.g., renewable mandates, renewable auctions, subsidies, and carbon pricing mechanisms) are driving the rapid growth of investments in these generation technologies worldwide.
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Bergsten, G. J., Pascucci, I., Mulders, G. D., Fernandes, R. B., & Koskinen, T. T. (2022). The Demographics of Kepler's Earths and Super-Earths into the Habitable Zone. Astron. J., 164(5), 190.
Abstract: Understanding the occurrence of Earth-sized planets in the habitable zone of Sun-like stars is essential to the search for Earth analogs. Yet a lack of reliable Kepler detections for such planets has forced many estimates to be derived from the close-in (2 < P-orb < 100 days) population, whose radii may have evolved differently under the effect of atmospheric mass-loss mechanisms. In this work, we compute the intrinsic occurrence rates of close-in super-Earths (similar to 1-2 R-circle plus and sub-Neptunes (similar to 2-3.5 R-circle plus) for FGK stars (0.56-1.63 M-circle dot) as a function of orbital period and find evidence of two regimes: where super-Earths are more abundant at short orbital periods, and where sub-Neptunes are more abundant at longer orbital periods. We fit a parametric model in five equally populated stellar mass bins and find that the orbital period of transition between these two regimes scales with stellar mass, like P-trans proportional to M-*(1.7 +/- 0.2). Ptrans These results suggest a population of former sub-Neptunes contaminating the population of gigayear-old close-in super-Earths, indicative of a population shaped by atmospheric loss. Using our model to constrain the long-period population of intrinsically rocky planets, we estimate an occurrence rate of Gamma(circle plus) = 15(-4)(+6)% for Earth-sized habitable zone planets, and predict that sub-Neptunes may be similar to twice as common as super-Earths in the habitable zone (when normalized over the natural log-orbital period and radius range used). Finally, we discuss our results in the context of future missions searching for habitable zone planets.
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Bhat, S. M., Ahmed, S., Bahar, A. N., Wahid, K. A., Otsuki, A., & Singh, P. (2023). Design of Cost-Efficient SRAM Cell in Quantum Dot Cellular Automata Technology. Electronics, 12(2), 367.
Abstract: SRAM or Static Random-Access Memory is the most vital memory technology. SRAM is fast and robust but faces design challenges in nanoscale CMOS such as high leakage, power consumption, and reliability. Quantum-dot Cellular Automata (QCA) is the alternative technology that can be used to address the challenges of conventional SRAM. In this paper, a cost-efficient single layer SRAM cell has been proposed in QCA. The design has 39 cells with a latency of 1.5 clock cycles and achieves an overall improvement in cell count, area, latency, and QCA cost compared to the reported designs. It can therefore be used to design nanoscale memory structures of higher order.
Keywords: QCA cell; memory cell; QCADesigner; low power dissipation; cost-efficient
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Ciarreta, A., Nasirov, S., & Silva, C. (2016). The development of market power in the Spanish power generation sector: Perspectives after market liberalization. Energy Policy, 96, 700–710.
Abstract: This paper provides a comprehensive analysis of the market power problem in the Spanish power generation sector and examines how and to which extent the market has developed in terms of market power concerns after the market liberalization reforms. The methodology applied in this study includes typical ex-post structural and behavioral measures employed to estimate potential for market power, namely: concentration ratios (CR) (for the largest and the three largest suppliers), the Herfindahl-Hirschman Index (HHI), Entropy, Pivotal Supply Index, the Residual Supply Index and Residual Demand Elasticity (RDE). The results are presented for the two largest Spanish generating companies (Endesa and Iberdrola) acting in the Iberian Electricity Market (MIBEL), and in the Spanish Day-ahead electricity market. The results show evidence that these companies have behaved much more competitively in recent periods than in the beginning of the market liberalization. In addition, the paper discusses important structural and regulatory changes through market liberalization processes in the Spanish Day ahead electricity market. (C) 2016 Elsevier Ltd. All rights reserved.
Keywords: Competition; Market power; Spanish electricity market
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Concha, M., & Ruz, G. A. (2023). Evaluation of Atmospheric Environmental Regulations: The Case of Thermoelectric Power Plants. Atmosphere, 14(2), 358.
Abstract: In Chile, the concept of sacrifice zones corresponds to those land surfaces in which industrial development was prioritized over the environmental impact that it caused. A high number of industries that emit pollutants into the environment are concentrated in these zones. This paper studies the atmospheric component of the Environmental Impact Declaration and Assessment�s (EID and EIA, respectively) environmental assessment instruments of the thermoelectric power plants in northern Chile, based on their consistency with current environmental quality regulations. We specify concepts on air quality, atmospheric emission regulations, and the critical parameters and factors to be considered when carrying out an environmental impact assessment. Finally, we end by presenting possible alternatives to replace the current methodologies and criteria for atmospheric regulation in areas identified as saturated or of environmental sacrifice, with an emphasis on both population health and an environmental approach.
Keywords: power plant; atmosphere; pollution; regulation; policy; coal-fired; emission
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Corral, N., Anrique, N., Fernandes, D., Parrado, C., & Caceres, G. (2012). Power, placement and LEC evaluation to install CSP plants in northern Chile. Renew. Sust. Energ. Rev., 16(9), 6678–6685.
Abstract: Chile is expecting a 5.4% growth in energy consumption per year until 2030, requiring new and better solutions for the upward trend of its electricity demand. This state leads to select and study one of the potential alternatives for electricity generation: concentrated solar power (CSP) plants. Such renewable technology found in Chile a very favorable condition. Recent researches indicate Atacama Desert as one of the best regions for solar energy worldwide, having an average radiation higher than in places where CSP plants are currently implemented, e.g. Spain and USA. The aim of this study is to present an analysis of levelized energy cost (LEC) for different power capacities of CSP plants placed in distinct locations in northern Chile. The results showed that CSP plants can be implemented in Atacama Desert with LECs around 19 (sic)US$/kWh when a gas-fired backup and thermal energy storage (TES) systems are fitted. This value increases to approximately 28 (sic)US$/kWh if there is no backup system. (C) 2012 Elsevier Ltd. All rights reserved.
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Fernandes, R. B., Mulders, G. D., Pascucci, I., Bergsten, G. J., Koskinen, T. T., Hardegree-Ullman, K. K., et al. (2022). pterodactyls: A Tool to Uniformly Search and Vet for Young Transiting Planets in TESS Primary Mission Photometry. Astron. J., 164(3), 78.
Abstract: Kepler's short-period exoplanet population has revealed evolutionary features such as the Radius Valley and the Hot Neptune desert that are likely sculpted by atmospheric loss over time. These findings suggest that the primordial planet population is different from the Gyr-old Kepler population, and motivates exoplanet searches around young stars. Here, we present pterodactyls, a data reduction pipeline specifically built to address the challenges in discovering exoplanets around young stars and to work with TESS Primary Mission 30-minute cadence photometry, since most young stars were not preselected TESS two-minute cadence targets. pterodactyls builds on publicly available and tested tools in order to extract, detrend, search, and vet transiting young planet candidates. We search five clusters with known transiting planets: the Tucana-Horologium Association, IC 2602, Upper Centaurus Lupus, Ursa Major, and Pisces-Eridani. We show that pterodactyls recovers seven out of the eight confirmed planets and one out of the two planet candidates, most of which were initially detected in two-minute cadence data. For these clusters, we conduct injection-recovery tests to characterize our detection efficiency, and compute an intrinsic planet occurrence rate of 49% +/- 20% for sub-Neptunes and Neptunes (1.8-6 R (circle plus)) within 12.5 days, which is higher than Kepler's Gyr-old occurrence rates of 6.8% +/- 0.3%. This potentially implies that these planets have shrunk with time due to atmospheric mass loss. However, a proper assessment of the occurrence of transiting young planets will require a larger sample unbiased to planets already detected. As such, pterodactyls will be used in future work to search and vet for planet candidates in nearby clusters and moving groups.
Keywords: POWERED MASS-LOSS; ZODIACAL EXOPLANETS; RADIUS DISTRIBUTION; DWARF; HUNT; STAR; FREQUENCY; EFFICIENT; KEPLER; SYSTEM
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Fernandez, M., Munoz, F. D., & Moreno, R. (2020). Analysis of imperfect competition in natural gas supply contracts for electric power generation: A closed-loop approach. Energy Econ., 87, 15 pp.
Abstract: The supply of natural gas is generally based on contracts that are signed prior to the use of this fuel for power generation. Scarcity of natural gas in systems where a share of electricity demand is supplied with gas turbines does not necessarily imply demand rationing, because most gas turbines can still operate with diesel when natural gas is not available. However, scarcity conditions can lead to electricity price spikes, with welfare effects for consumers and generation firms. We develop a closed-loop equilibrium model to evaluate if generation firms have incentives to contract or import the socially-optimal volumes of natural gas to generate electricity. We consider a perfectly-competitive electricity market, where all firms act as price-takers in the short term, but assume that only a small number of firms own gas turbines and procure natural gas from, for instance, foreign suppliers in liquefied form. We illustrate an application of our model using a network reduction of the electric power system in Chile, considering two strategic firms that make annual decisions about natural gas imports in discrete quantities. We also assume that strategic firms compete in the electricity market with a set of competitive firms do not make strategic decisions about natural gas imports (i.e., a competitive fringe). Our results indicate that strategic firms could have incentives to sign natural gas contracts for volumes that are much lower than the socially-optimal ones, which leads to supernormal profits for these firms in the electricity market. Yet, this effect is rather sensitive to the price of natural gas. A high price of natural gas eliminates the incentives of generation firms to exercise market power through natural gas contracts. (C) 2020 Elsevier B.V. All rights reserved.
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Genco, F., & Gengo, G. (2021). Selection of energy matrix sources in Chile using a fuzzy logic decision approach. Energy Syst., 12(2), 411–429.
Abstract: Chile's 2050 energy policy ultimate goals are to produce a sustainable model of economic growth respectful of the environment where energy is produced efficiently and reliably. Renewable energy sources are considered the main drive for developing by 2050 at least 70% of the total energy in Chile. This study aims to provide a quantitative analysis for the selection of the most sustainable energy production methods using the compromise ranking method (VIKOR) that uses maximum group utility for the majority and a minimum of individual regret for the opponent. Since all evaluations are provided via intervals, the possible degree theory is used to compare them. Nine major criteria are critically used for this purpose and prioritized using analytical hierarchical process (AHP). Since Chile's energy production matrix still relies heavily on fossil fuels with major concerns of GHG emissions, all major potential energy sources in Chile are considered including ocean energy in addition to nuclear energy. This study shows that biomasses are the best compromise solution and that traditional and modern nuclear energy plants score consistently better than solar power. Large hydro power plants rank very high but in light of the social opposition present in the country, they might not be easy to build as hoped. Ocean power is far superior to geothermal energy and comparable to wind power and for this reason it should be considered together with nuclear power for the future Chilean energy matrix.
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Hilbert, M. (2014). Scale- Free Power- Laws as Interaction between Progress and Diffusion. Complexity, 19(4), 56–65.
Abstract: While scale-free power-laws are frequently found in social and technological systems, their authenticity, origin, and gained insights are often questioned, and rightfully so. The article presents a newly found rank-frequency power-law that aligns the top-500 supercomputers according to their performance. Pursuing a cautious approach in a systematic way, we check for authenticity, evaluate several potential generative mechanisms, and ask the so what question. We evaluate and finally reject the applicability of well-known potential generative mechanisms such as preferential attachment, self-organized criticality, optimization, and random observation. Instead, the microdata suggest that an inverse relationship between exponential technological progress and exponential technology diffusion through social networks results in the identified fat-tail distribution. This newly identified generative mechanism suggests that the supply and demand of technology (technology push and demand pull) align in exponential synchronicity, providing predictive insights into the evolution of highly uncertain technology markets. (c) 2013 Wiley Periodicals, Inc. Complexity 19: 56-65, 2014
Keywords: power-law; technological change; diffusion of innovations; pareto
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Inzunza, A., Munoz, F. D., & Moreno, R. (2021). Measuring the effects of environmental policies on electricity markets risk. Energy Econ., 102, 105470.
Abstract: This paper studies how environmental policies, such as renewable portfolio standards (RPS) and carbon taxes, might contribute to reducing risk exposure in the electricity generation sector. We illustrate this effect by first computing long-term market equilibria of the Chilean generation sector for the year 2035 using a risk-averse planning model, considering uncertainty of hydrological scenarios and fossil fuel prices as well as distinct levels of risk aversion, but assuming no environmental policies in place. We then compare these risk-averse equilibria to generation portfolios obtained by imposing several levels of RPS and carbon taxes in a market with risk-neutral firms, separately. Our results show that the implementation of both policies can provide incentives for investments in portfolios of generation technologies that limit the risk exposure of the system, particularly when high levels of RPS (35%) or high carbon taxes (35 $/tonCO2) are applied. However, we find that in the case of a hydrothermal system, the resulting market equilibria under RPS policies yield expected generation cost and risk levels (i.e. standard deviation of costs) that are more similar to the efficient portfolios determined using a risk-averse planning model than the ones we find under the carbon tax.
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Lagos, R., Canessa, E., & Chaigneau, S. E. (2019). Modeling stereotypes and negative self-stereotypes as a function of interactions among groups with power asymmetries. J. Theory Soc. Behav., 49(3), 312–333.
Abstract: Stereotypes is one of the most researched topics in social psychology. Within this context, negative self-stereotypes pose a particular challenge for theories. In the current work, we propose a model that suggests that negative self-stereotypes can theoretically be accounted for by the need to communicate in a social system made up by groups with unequal power. Because our theory is dynamic, probabilistic, and interactionist, we use a computational simulation technique to show that the proposed model is able to reproduce the phenomenon of interest, to provide novel accounts of related phenomena, and to suggest novel empirical predictions. We describe our computational model, our variables' dynamic behavior and interactions, and link our analyses to the literature on stereotypes and self-stereotypes, the stability of stereotypes (in particular, gender and racial stereotypes), the effects of power asymmetries, and the effects of intergroup contact.
Keywords: negative self-; stereotypes; agent based simulation; social power; stereotypes
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Munoz, F. D., Wogrin, S., Oren, S. S., & Hobbs, B. F. (2018). Economic Inefficiencies of Cost-based Electricity Market Designs. Energy J., 39(3), 51–68.
Abstract: Some restructured power systems rely on audited cost information instead of competitive bids for the dispatch and pricing of electricity in real time, particularly in hydro systems in Latin America. Audited costs are also substituted for bids in U.S. markets when local market power is demonstrated to be present. Regulators that favor a cost-based design argue that this is more appropriate for systems with a small number of generation firms because it eliminates the possibilities for generators to behave strategically in the spot market, which is a main concern in bid-based markets. We discuss existing results on market power issues in cost- and bid-based designs and present a counterintuitive example, in which forcing spot prices to be equal to marginal costs in a concentrated market can actually yield lower social welfare than under a bid-based market design due to perverse investment incentives. Additionally, we discuss the difficulty of auditing the true opportunity costs of generators in cost- based markets and how this can lead to distorted dispatch schedules and prices, ultimately affecting the long-term economic efficiency of a system. An important example is opportunity costs that diverge from direct fuel costs due to energy or start limits, or other generator constraints. Most of these arise because of physical and financial inflexibilities that become more relevant with increasing shares of variable and unpredictable generation from renewables.
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Nasirov, S., Girard, A., Pena, C., Salazar, F., & Simon, F. (2021). Expansion of renewable energy in Chile: Analysis of the effects on employment. Energy, 226, 120410.
Abstract: Over the last few years, Chile has witnessed an extraordinary energy transformation that has turned the country into one of the largest renewable energy markets in South America. This study examines the impact of renewable energy (RE) technologies from the perspective of job creation opportunities in Chile. For this purpose, the study introduces an analytical assessment model that will be used to assess the direct impacts on employment generated by several policy scenarios aimed at reducing CO2 emissions. The direct impacts on employment in Chile were calculated up to 2026 according to three energy scenarios constructed using the SWITCH-Chile energy model. The empirical results show that RE technologies (solar PV, wind, hydro) can generate more employment per unit of energy than coal and natural gas. According to the scenario projecting the largest reduction of CO2 emissions, which features a dominant participation of renewable energies, up to 20,958 jobs can be created in the Chilean energy sector by 2026. The proposed model can be used to design energy programs as a direct stimulus of employment in the RE industry. Furthermore, policy recommendations are provided based on the results to effectively address changes in employment perspectives for the RE industry. (C) 2021 Elsevier Ltd. All rights reserved.
Keywords: JOB CREATION; TECHNOLOGIES; POWER; WIND
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Nasirov, S., O'Ryan, R., & Osorio, H. (2020). Decarbonization Tradeoffs: A Dynamic General Equilibrium Modeling Analysis for the Chilean Power Sector. Sustainability, 12(19), 19 pp.
Abstract: Medium size developing countries like Chile that commit to decarbonization goals need to carefully assess the trade-offs associated to their intensity and timing, since most of the technologies required will be absorbed, not produced, by these countries. A rapid expansion of renewables in the Chilean energy matrix, mostly thanks to exceptional solar and wind resources, combined with a rapid decrease in the cost of renewable energy technologies, intensified current policy debates to reduce the role of coal, which is the largest source of CO2 emissions in the generation mix. Recently, the main generation companies in Chile made a voluntary commitment to not invest in new coal projects that do not include carbon capture and storage systems. In addition, the Chilean government announced its plans to phase out coal plants completely by 2040. In this context, the aim of this research is to study the economy-wide and emission reduction impacts of different decarbonization paths in the Chilean power sector. For this purpose, we consider dynamic simulations using a new energy-oriented version of the Computable General Equilibrium Model (CGE)- General Equilibrium Model for the Chilean Economy (ECOGEM)-Chile which is soft linked to the bottom-up engineering energy model. The results show the major impacts under both the business as usual (BAU) scenario and the coal phase-out scenario. Additionally, the study discusses to what extent the ambitious decarbonization goals of the Chilean government are coherent with the current technological limitations.
Keywords: dynamic CGE models; decarbonization; Chile; power sector
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Petrou, K., Procopiou, A. T., Gutierrez-Lagos, L., Liu, M. C. Z., Ochoa, L. F., Langstaff, T., et al. (2021). Ensuring Distribution Network Integrity Using Dynamic Operating Limits for Prosumers. IEEE Trans. Smart Grid, 12(5), 3877–3888.
Abstract: The number of residential consumers with solar PV and batteries, aka prosumers, has been increasing in recent years. Incentives now exist for prosumers to operate their batteries in more profitable ways than self-consumption mode. However, this can increase prosumer exports or imports, resulting in power flows that can lead to voltage and thermal limit violations in distribution networks. This work proposes a framework for Distribution Network Operators (DNOs) to ensure the integrity of MV-LV networks by using dynamic operating limits for prosumers. Periodically, individual prosumers send their intended operation (net exports/imports) as determined by their local control to the DNO who then assesses network integrity using smart meter data and a power flow engine. If a potential violation is detected, their maximum operating limits are determined based on a three-phase optimal power flow that incorporates network constraints and fairness aspects. A real Australian MV feeder with realistically modelled LV networks and 4,500+ households is studied, where prosumers' local controls operate based on energy prices. Time-series results demonstrate that the proposed framework can help DNOs ensure network integrity and fairness across prosumers. Furthermore, it unlocks larger profitability for prosumers compared with the use the 5kW fixed export limit adopted in Australia.
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Ramirez-Sagner, G., & Munoz, F. D. (2019). The effect of head-sensitive hydropower approximations on investments and operations in planning models for policy analysis. Renew. Sust. Energ. Rev., 105, 38–47.
Abstract: Planning for new generation infrastructure in hydrothermal power systems requires consideration of a series of nonlinearities that are often ignored in planning models for policy analysis. In this article, three different capacity- planning models are used, one nonlinear and two linear ones, with different degrees of complexity, to quantify the impact of simplifying the head dependency of hydropower generation on investments in both conventional and renewable generators and system operations. It was found that simplified investment models can bias the optimal generation portfolios by, for example, understating the need for coal and combined-cycle gas units and overstating investments in wind capacity with respect to a more accurate nonlinear formulation, which could affect policy recommendations. It was also found that the economic cost of employing a simplified model can be below 10% of total system cost for most of the scenarios and system configurations analyzed, but as high as nearly 70% of total system cost for specific applications. Although these results are not general, they suggest that for certain system configurations both linear models can provide reasonable approximations to more complex nonlinear formulations. Uncertain water inflows were also considered using stochastic variants of all three planning models. Interestingly, if due to time or computational limitations only one of these two features could be accounted for, these results indicate that explicit modeling of the nonlinear-head effect in a deterministic model could yield better results (up to 0.6% of economic regret) than a stochastic linear model (up to 9.6% of economic regret) that considers the uncertainty of water inflows.
Keywords: Generation planning; Hydropower; Policy analysis; Simplifications; Uncertainty
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Rosado-Tamariz, E., Genco, F., Campos-Amezcua, A., Markou, G., & Batres, R. (2021). Enhanced dynamic simulation approach towards the efficient mining thermal energy supply with improved operational flexibility. Int. J. Energy Res., 45, 4265–4284.
Abstract: This paper presents a thermal power plant retrofitting approach focused on improvements in the operational flexibility of existing combined cycle power plants dedicated to providing thermal energy for medium and low-temperature processes in copper mining facilities. The main motivation for this research was aimed at evaluating the operational flexibility of the electrical industry through sector coupling and its effect on solving the energy sector decarbonization issues. The research evaluates the advantages of hybridization systems for supporting the electrical and mining industries to better predict operations. The proposed approach is based on a dynamic simulation scheme that finds the optimal operating parameters of the combined heat and power (CHP) system, such as location, type, and arrangement of each component of the CHP system. The power plant dynamic simulation model was validated against data available in the literature; it was also characterized by real operational data of the San Isidro II power plant installed in Chile. Several alternatives for the cogeneration plant location, as well as the splitter system design, were investigated and then compared. A cogeneration plant design with two heating modules was selected based on the comparative study performed in this work and its CHP system was evaluated for a load reduction case study. The results were compared against a reference model. The proposed CHP system exhibited improved performance: a minimum of 15% of the exhaust gases are required to supply the thermal energy demand of the electrowinning process when a full load is considered. It was also found that an average decrease of 5% of the mechanical power at each steam turbine stage noted. Finally, the proposed CHP system's average thermodynamic efficiency is found to be 19% greater than the power plant average efficiency. Consequently, an average decrease of 32 500 tons of carbon dioxide emissions per year is predicted.
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Simon, F., Girard, A., Krotki, M., & Ordonez, J. (2021). Modelling and simulation of the wood biomass supply from the sustainable management of natural forests. J. Clean. Prod., 282, 124487.
Abstract: Wood biomass is an important energy resource, which can contribute to reduce the dependence on fossil fuels. The research undertakes the microeconomic approach to estimate the technical availability and operational costs of woody biomass production with a higher level of precision than other models present in the literature, as it considers the entire supply chain of the sustainable management of natural forests. This study introduces a tool, which is applied to estimate supply curves and costs of wood biomass extraction from natural forests in the 7th Region of Chile. The simulation indicates that 531,015 tons/year of wood biomass is available in natural forests of the Region under study, with extraction costs ranging from 24.51 to 56.68 US$/ton, or an average total cost of 40.97 US$/ton. The parametric analysis revealed that the maximum admissible distance to the nearest transport route and the transportation costs are the two most influential variables in the estimation of wood biomass supply and cost. Reducing the admissible distance from 5 km to 1 km reduced the availability of biomass by 80%, while a variation of +/- 50% of transportation costs translated into +/- 18.3% variation of total extraction costs.
The proposed method can be used to identify the technical-economic potential of wood biomass from natural forests in any commune, province, region, or country; as it has the flexibility to allow tests with multiple scenarios and parameters depending on the specific characteristics of the area to be analysed. Essentially, the purpose of this tool is to serve the assessment processes of the identification of new wood biomass resources, allowing decision makers to increase the potential of sustainable and cost-effective woody biomass for heat and electricity generation, and at the same time reduce greenhouse gas emissions and the dependence on fossil fuels. |
Vargas-Ferrer, P., Alvarez-Miranda, E., Tenreiro, C., & Jalil-Vega, F. (2022). Assessing flexibility for integrating renewable energies into carbon neutral multi-regional systems: The case of the Chilean power system. Energy Sustain. Dev., 70, 442–455.
Abstract: Reducing emissions from power systems requires enhancing the penetration of non-conventional renewable energy sources (NCRE) in the generation mix. However, such penetration requires high levels of operational flexibility in order to ensure an adequate balance between generation and demand. Concentrating solar power plants with thermal storage (CSP-TES) and battery energy storage systems (BESS) have shown to possess technical characteristics compatible with such high flexibility requirements. However, due to the high capital costs of these technologies, decision-makers must seek for cost-effective configurations and operation modes. This study presents the development of a methodological framework for designing the long-term transition of a multi-regional energy system towards a low carbon emission system. The sought system is characterized by a high penetration of NCRE, and the use of CSP-TES, BESS and electricity transmission settings for providing effective levels of operational flexibility. For this, the transformation of the Chilean electricity system between the years 2018-2050 is studied, using a tailored modification of the well-known OSeMOSYS optimization tool for energy systems planning. The main results indicate that by 2050, and considering a baseline scenario defined for 2016, for most of the scenarios studied the renewable electricity generation would be at least a 90 % and CO2 emissions would be 75 % lower. Furthermore, it is shown that providing operational flexibility to the system requires a mixed generation from hydroelectric reservoirs, CSP-TES plants, BESS, pumped-storage hydropower and natural gas generators. The obtained results allow planning the capacity and operation of CSP and BESS plants, which are adapted to the future flexibility requirements of the Chilean electric power system. Incentive policies like stimuli to growth BESS, would favor primarily the photovoltaic growth of the system at the expense of CSP-TES capacity, while CSP-TES growth incentives would maintain photovoltaic generation levels, but would decrease Wind and natural gas generation.
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