This paper analyses the impacts of cross-border electricity transmission and pumped hydro storage on annual dispatch costs, curtailment of variable renewable energy sources (RES) and CO2 emissions, as well as their impacts on one another in a power system with a high RES penetration. EUPowerDispatch, a minimum cost dispatch model of the European power system, is used to compare different scenarios with varying cross-border electricity transmission and hydro pumping capacities. The results show that increasing cross-border transmission capacity or hydro pumping capacity reduces annual dispatch costs, RES curtailment needs and CO2 emissions. The study concludes that cross-border transmission and hydro pumped storage can be considered as complementary technologies that display a partial substitution effect.
BRANCUCCI Carlo;
DE VRIES Laurens;
2013-12-11
European Energy Market (EEM)
JRC80081
http://ieeexplore.ieee.org/xpl/articleDetails.jsp?arnumber=6607370,
https://publications.jrc.ec.europa.eu/repository/handle/JRC80081,
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