Mini-Symposium on Energy Systems
December 17 @ 4:00 PM - 6:30 PM
The IEEE Benelux chapter PELS/IAS/PES organizes a mini-symposium with two experts on energy systems! Ths event comprises two lectures about integrated energy systems:
1) Flexibility, Reliability and Resilience in Integrated Energy Systems by prof. Pierluigi Mancarella (university of Melbourne, Australia)
The aim of this IEEE Power and Energy Society Distinguished Lecture is to discuss the main concepts about provision of power system flexibility and grid services from the so-called multi-energy systems (MES) whereby electricity interacts with other energy vectors and sectors such as heating, cooling, transport, gas, hydrogen, etc. Specific use cases and applications, covering technical, commercial and regulatory aspects, will refer to a number of recent projects in the UK, Europe and Australia. These include ongoing work with electricity and gas system operators, transmission and distribution network operators, and energy regulators to address how MES could support an affordable, reliable and resilient development of low-carbon electricity and gas grids with deep penetration of renewable energy sources. Longer-term potential energy futures that envision electricity-hydrogen systems with renewables penetration (much) greater than 100% will also be discussed.
2) The Heterogeneous Value of Solar and Wind Energy: Empirical Evidence from the United States and Europe by dr. Marten Ovaere (Yale university, USA)
We develop a methodology to quantify the marginal costs and benefits of intermittent renewables in all stages of the electricity supply chain. Using an extensive and novel hourly 2014-2018 dataset, we estimate the marginal value of solar and wind generation in all liberalized electricity markets in the United States and nine European countries, covering around a third of installed worldwide renewable capacity. We find considerable heterogeneity between countries, which implies that investment focused on high-value regions would have increased annual surplus by 5 to 13 billion dollars. In most of Europe, the estimated value of utility-scale solar is below its cost, while it is above its cost for wind. In all U.S. regions, the estimated values of solar and wind are above their costs. We also find that a percentage point increase in the share of renewable generation decreases its total value by more than $1.5 per MWh. Lastly, if we were to replace current feed-in and net-metering policies for distributed solar generation with a tariff equal to its value to the electricity system, investment in distributed solar would decrease significantly in almost all regions.
Please subscribe using this link: https://events.vtools.ieee.org/m/212356