The Optimal Energy Mix in Power Generation and the Contribution from Natural Gas in Reducing Carbon Emissions to 2030 and Beyond

Carraro, Carlo; Tavoni, Massimo; Longden, Thomas; Marangoni, Giacomo

doi:10.2139/ssrn.2340509

Cited by 7 publications

(2 citation statements)

References 11 publications

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“…He concluded that the economic potential of all RES cannot be used at the same time, because the full use of the economic potential of one RES reduces the economic potential of others, and the EXPANSE tool is used to analyze these interrelations. In the paper (Carraro et al, 2013), a set of scenarios for European energy markets is analyzed so as to assess economic incentives and climate goals. The scenarios' analysis was performed using the World Induced Technical Change Hybrid Model (WITCH), which is used in the global assessment of climate and energy policies.…”

Section: Economic Optimized Energy MIXmentioning

confidence: 99%

“…Previous research has been mainly based on the analysis of RES integration into the power system of countries, regions, with one of the following target functions: minimizing the generation of surplus electricity, minimizing installed capacity, while minimizing total costs. The economic criteria used in the research Carraro et al (2013), Lund (2014) and Haller et al (2012) relate to the reduction of costs of: investment, operation and maintenance, fuel, electricity, net present value, repayment period, lifetime, equivalent annual cost, etc.…”

Section: Economic Optimized Energy MIXmentioning

confidence: 99%

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Optimal energy mix in relation to multi-criteria decision-making (MCDM), review and further research directions

Mrkić-Bosančić¹,

Vasković²,

Gvero³

et al. 2023

Decis. Mak. Appl. Manag. Eng.

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The need for a transition to a society that will meet its energy needs from local resources and with minimal negative environmental impact is no longer presented as an option but as a necessity. Energy resources are limited, and it is necessary to ensure that they are properly used and managed in a sustainable manner. Optimal redistribution of energy supply from different energy generation and distribution options to end users within the local community is called the energy mix. What sets itself the task is to find this way of sustainable use of all available energy and energy types from local communities, different regions to the entire country. This is not a simple task, because it includes many variables that must all be considered. Therefore, it is necessary to classify and define universal criteria (sustainability), which describe ways of supplying energy and energy in a particular locality. The criteria mainly describe energy needs, availability of energy resources, existing technologies, economic and environmental indicators, qualitative and quantitative values of different energy supply options. This paper aims to review the state of play in optimal energy mix research in relation to the local community. Also, this paper provides an overview and importance of the application of MCDM methods in this area. As a way out, in this paper we propose conclusions, directions and research opportunities in the field of seeking the optimal energy mix supply for local community, region or state, connected to the importance MCDM tools.

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Section: Economic Optimized Energy MIXmentioning

confidence: 99%