100% Sustainable Electricity in the Faroe Islands: Expansion Planning Through Economic Optimization
SEV, the Faroese Power Company, has a vision to reach a 100% renewable power system by 2030. SEV is committed to achieve this, starting from a 41% share of renewables in 2019. A detailed expansion plan for the generation, storage and transmission is needed to reach this goal. T...
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ftdoajarticles:oai:doaj.org/article:8338aab04fec4c55a1b83a09caeb148b 2023-05-15T16:10:54+02:00 100% Sustainable Electricity in the Faroe Islands: Expansion Planning Through Economic Optimization Helma Maria Trondheim Barur A. Niclasen Terji Nielsen Filipe Faria Da Silva Claus Leth Bak 2021-01-01T00:00:00Z https://doi.org/10.1109/OAJPE.2021.3051917 https://doaj.org/article/8338aab04fec4c55a1b83a09caeb148b EN eng IEEE https://ieeexplore.ieee.org/document/9323058/ https://doaj.org/toc/2687-7910 2687-7910 doi:10.1109/OAJPE.2021.3051917 https://doaj.org/article/8338aab04fec4c55a1b83a09caeb148b IEEE Open Access Journal of Power and Energy, Vol 8, Pp 23-34 (2021) Expansion planning sustainable energy economic optimisation Balmorel islanded system Distribution or transmission of electric power TK3001-3521 Production of electric energy or power. Powerplants. Central stations TK1001-1841 article 2021 ftdoajarticles https://doi.org/10.1109/OAJPE.2021.3051917 2022-12-31T16:20:41Z SEV, the Faroese Power Company, has a vision to reach a 100% renewable power system by 2030. SEV is committed to achieve this, starting from a 41% share of renewables in 2019. A detailed expansion plan for the generation, storage and transmission is needed to reach this goal. This is the focus of this study. Practical constrains e.g. resource potential and available space must be considered. Balmorel, an optimisation tool, has been used to optimise investments and dispatch. A method to translate optimal results to a realistic RoadMap was developed and applied. The impact of different technologies and costs has been investigated through multiple scenarios. In ratios of average consumption in 2030, installed power will be 224% wind, 105% solar with 8–9 days of pumped hydro storage according to the proposed RoadMap. The plan is economically favorable up to 87% of renewables, but in order to reach a 100% renewable production in an average weather year, the renewable generation capacity has to be increased by 80%. The study also shows that if biofules or tidal technologies become viable, these will be game changers needing a significantly lower total sum of installed renewable power. Article in Journal/Newspaper Faroe Islands Directory of Open Access Journals: DOAJ Articles Faroe Islands IEEE Open Access Journal of Power and Energy 8 23 34 |
institution |
Open Polar |
collection |
Directory of Open Access Journals: DOAJ Articles |
op_collection_id |
ftdoajarticles |
language |
English |
topic |
Expansion planning sustainable energy economic optimisation Balmorel islanded system Distribution or transmission of electric power TK3001-3521 Production of electric energy or power. Powerplants. Central stations TK1001-1841 |
spellingShingle |
Expansion planning sustainable energy economic optimisation Balmorel islanded system Distribution or transmission of electric power TK3001-3521 Production of electric energy or power. Powerplants. Central stations TK1001-1841 Helma Maria Trondheim Barur A. Niclasen Terji Nielsen Filipe Faria Da Silva Claus Leth Bak 100% Sustainable Electricity in the Faroe Islands: Expansion Planning Through Economic Optimization |
topic_facet |
Expansion planning sustainable energy economic optimisation Balmorel islanded system Distribution or transmission of electric power TK3001-3521 Production of electric energy or power. Powerplants. Central stations TK1001-1841 |
description |
SEV, the Faroese Power Company, has a vision to reach a 100% renewable power system by 2030. SEV is committed to achieve this, starting from a 41% share of renewables in 2019. A detailed expansion plan for the generation, storage and transmission is needed to reach this goal. This is the focus of this study. Practical constrains e.g. resource potential and available space must be considered. Balmorel, an optimisation tool, has been used to optimise investments and dispatch. A method to translate optimal results to a realistic RoadMap was developed and applied. The impact of different technologies and costs has been investigated through multiple scenarios. In ratios of average consumption in 2030, installed power will be 224% wind, 105% solar with 8–9 days of pumped hydro storage according to the proposed RoadMap. The plan is economically favorable up to 87% of renewables, but in order to reach a 100% renewable production in an average weather year, the renewable generation capacity has to be increased by 80%. The study also shows that if biofules or tidal technologies become viable, these will be game changers needing a significantly lower total sum of installed renewable power. |
format |
Article in Journal/Newspaper |
author |
Helma Maria Trondheim Barur A. Niclasen Terji Nielsen Filipe Faria Da Silva Claus Leth Bak |
author_facet |
Helma Maria Trondheim Barur A. Niclasen Terji Nielsen Filipe Faria Da Silva Claus Leth Bak |
author_sort |
Helma Maria Trondheim |
title |
100% Sustainable Electricity in the Faroe Islands: Expansion Planning Through Economic Optimization |
title_short |
100% Sustainable Electricity in the Faroe Islands: Expansion Planning Through Economic Optimization |
title_full |
100% Sustainable Electricity in the Faroe Islands: Expansion Planning Through Economic Optimization |
title_fullStr |
100% Sustainable Electricity in the Faroe Islands: Expansion Planning Through Economic Optimization |
title_full_unstemmed |
100% Sustainable Electricity in the Faroe Islands: Expansion Planning Through Economic Optimization |
title_sort |
100% sustainable electricity in the faroe islands: expansion planning through economic optimization |
publisher |
IEEE |
publishDate |
2021 |
url |
https://doi.org/10.1109/OAJPE.2021.3051917 https://doaj.org/article/8338aab04fec4c55a1b83a09caeb148b |
geographic |
Faroe Islands |
geographic_facet |
Faroe Islands |
genre |
Faroe Islands |
genre_facet |
Faroe Islands |
op_source |
IEEE Open Access Journal of Power and Energy, Vol 8, Pp 23-34 (2021) |
op_relation |
https://ieeexplore.ieee.org/document/9323058/ https://doaj.org/toc/2687-7910 2687-7910 doi:10.1109/OAJPE.2021.3051917 https://doaj.org/article/8338aab04fec4c55a1b83a09caeb148b |
op_doi |
https://doi.org/10.1109/OAJPE.2021.3051917 |
container_title |
IEEE Open Access Journal of Power and Energy |
container_volume |
8 |
container_start_page |
23 |
op_container_end_page |
34 |
_version_ |
1765996035328442368 |