Global Power Grids for Harnessing World Renewable Energy

peer reviewed The Global Grid advocates the connection of all regional power systems into one electricity transmission system spanning the whole globe. Power systems are currently forming larger and larger interconnections. Environmental awareness and increased electricity consumption leads more inv...

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Bibliographic Details
Main Authors: Chatzivasileiadis, Spyros, Ernst, Damien, Andersson, Goran
Format: Book Part
Language:unknown
Published: Academic Press 2017
Subjects:
Electricity transmission network
Global electrical network
Global grid
Greenland
Intercontinental electricity trade
Renewable energy
Solar power
Wind power
Arid regions
Commerce
Electric network parameters
Electric power system interconnection
Electric power transmission
Investments
Solar energy
Electrical networks
Electricity trade
Electricity transmission networks
Renewable energies
Electric power transmission networks
Engineering
computing & technology
Energy
Ingénierie
informatique & technologie
Energie
Online Access:https://orbi.uliege.be/handle/2268/250082
https://orbi.uliege.be/bitstream/2268/250082/1/Chatzivasileiadis_et_al_global_power_grids_for_harnessing_world_renewable_energy.pdf
https://doi.org/10.1016/B978-0-12-809592-8.00012-3
Description
Summary:peer reviewed The Global Grid advocates the connection of all regional power systems into one electricity transmission system spanning the whole globe. Power systems are currently forming larger and larger interconnections. Environmental awareness and increased electricity consumption leads more investments toward renewable energy sources, which are abundant in remote locations (offshore or in deserts). The Global Grid will facilitate the transmission of this "green" electricity to load centers, serving as backbone. This chapter elaborates on the concept of the Global Grid, presenting four stages that could gradually lead to the development of a globally interconnected power network. Quantitative analyses are carried out for all stages, demonstrating that a Global Grid is both technically feasible and economically competitive. Real price data from Europe and the USA are used to identify the potential of intercontinental electricity trade, showing that substantial profits can be generated through such interconnections. © 2017 Lawrence E. Jones Published by Elsevier Inc. All rights reserved.

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