Journal article · Ahead of Print article · Conference paper
Feasibility analysis of GRIDSOL technology in Fuerteventura: a case study
Technical University of Denmark1
Energy Economics and Regulation, Sustainability, Department of Technology, Management and Economics, Technical University of Denmark2
Sustainability, Department of Technology, Management and Economics, Technical University of Denmark3
Department of Technology, Management and Economics, Technical University of Denmark4
EA Energy Analysis A/S5
Systems Analysis, Department of Management Engineering, Technical University of Denmark6
Department of Management Engineering, Technical University of Denmark7
IDIe - Investigación8
Cobra Group9
The power sector is experiencing a considerable transformation, shifting primary sources of energy production towards more sustainable alternatives. Despite the benefits, the increasing penetration of renewable raised concerns in terms of intermittency and unpredictability of electricity production, challenging the balance between demand and supply.
To this end, the GRIDSOL project proposes Smart Renewable Hubs designed to provide a single and steady output of electricity combining different renewable and storage technologies such as concentrated solar power, photovoltaic, electrical and thermal batteries. This study investigates the technical application and economic feasibility of GRIDSOL for the case of Fuerteventura.
Based on different technology configurations, the outcomes show a relevant role of the concentrated solar power plant, replacing diesel plants for electricity generation. In one configuration, GRIDSOL can provide up to 68% of the energy consumption, with a capacity factor of 67% for the concentrated solar power plant and a 24% CO2 emission reduction compared to 2016 levels.
The economic assessment, performed over different scenarios, shows that the applicability of GRIDSOL in the Canary system requires support in terms of investments grants on the capital expenditure (58% of the costs) or as feed-in premiums on energy production (54–67 €/MWh) to break-even.
| Language: | English |
|---|---|
| Publisher: | IET |
| Year: | 2018 |
| Pages: | 5208-5213 |
| Proceedings: | 7th International Conference on Renewable Power Generation |
| ISSN: | 20513305 |
| Types: | Journal article , Ahead of Print article and Conference paper |
| DOI: | 10.1049/joe.2018.9285 |
| ORCIDs: | Baldini, Mattia and Mora Alvarez, David Fernando |
Canary system Engineering (General). Civil engineering (General) Fuerteventura's energy consumption GRIDSOL project GRIDSOL technology Renewable energy based technologies Smart Renewable Hubs TA1-2040 Transmission System Operator air pollution control battery storage plants canary system concentrated solar power plant diesel power plants diesel-electric power stations economic feasibility electrical batteries electricity production energy consumption energy production energy purposes environmental perspective feasibility analysis fossil fuel use fuerteventura's energy consumption gridsol project gridsol technology multiple interventions photovoltaic batteries photovoltaic power systems power generation economics power sector primary sources renewable energy based technologies renewable storage technologies smart renewable hubs solar power solar power stations sustainable alternatives technical application thermal batteries transmission system operator unpredictability variability
