2023/11/29 by Kröger, David, Peper, Jan, Offermann, Nils +1
#Atmospheric and Oceanic Physics (physics.ao-ph) #FOS: Economics and business #FOS: Electrical engineering #FOS: Physical sciences #General Economics (econ.GN) #Systems and Control (eess.SY) #electronic engineering #information engineering
paper · doi:10.48550/arxiv.2311.17981
Offshore wind power in the North Sea is considered a main pillar in Europe's future energy system. A key challenge lies in determining the optimal spatial capacity allocation of offshore wind parks in combination with the dimensioning and layout of the connecting high-voltage direct current grid infrastructure. To determine economically cost optimal configurations, we apply an integrated capacity and transmission expansion problem within a pan-European electricity market and transmission grid model with a high spatial and temporal granularity. By conducting scenario analysis for the year 2030 with a gradually increasing CO2 price, possible offshore expansion paths are derived and presented. Special emphasis is laid on the effects of weather uncertainty by incorporating data from 21 historical weather years in the analysis. Two key findings are (i) an expansion in addition to the existing offshore wind capacity of 0 GW (136 EUR/tCO2), 12 GW (159 EUR/tCO2) and 30 GW (186 EUR/tCO2) dependent on the underlying CO2 price. (ii) A strong sensitivity of the results towards the underlying weather data highlighting the importance of incorporating multiple weather years.