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RES INV

Accommodate Renewable Energy in Interconnected Electricity System: an Economic Perspective

Total Cost €

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EC-Contrib. €

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Partnership

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Project "RES INV" data sheet

The following table provides information about the project.

Coordinator
FONDAZIONE ENI ENRICO MATTEI 

Organization address
address: Corso Magenta 63
city: MILANO
postcode: 20123
website: www.feem.it

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Italy [IT]
 Total cost 168˙277 €
 EC max contribution 168˙277 € (100%)
 Programme 1. H2020-EU.1.3.2. (Nurturing excellence by means of cross-border and cross-sector mobility)
 Code Call H2020-MSCA-IF-2015
 Funding Scheme MSCA-IF-EF-ST
 Starting year 2016
 Duration (year-month-day) from 2016-09-01   to  2018-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    FONDAZIONE ENI ENRICO MATTEI IT (MILANO) coordinator 168˙277.00

Map

 Project objective

The European Union (EU) has set ambitious greenhouse gas emissions (GHGs) targets: 20% lower than 1990 levels by 2020, rising to 40% lower by 2030 and 85% lower by 2050. Moreover, a target of at least 27% on the share of renewable energy consumed in EU is set for 2030. To facilitate renewable integration, the EU is implementing the European Single Electricity Market (ESEM). The efficient use of electricity interconnection envisaged by the ESEM can mitigate the system instability caused by a high penetration of intermittent renewables; however the challenging targets on emissions and renewable generation add constraints that need to be evaluated. In the first stage of my analysis, I will develop scenarios of the EU generation sector, focusing on the Italian market and the countries it shares electricity interconnection with. The goal is to investigate the role of investments in renewable generation and transmission network needed to meet the overall EU targets at minimum cost. I will then determine how the costs associated to interconnection and to investment in renewables are distributed among jurisdictions and between generators and consumers. In the second stage, I will investigate how the results of the first model change if electricity storage, the electrification of transport and electric heating are widely adopted. I will identify if demand management in the presence of these technologies help to match a supply that depends largely on renewable generation.

 Publications

year authors and title journal last update
List of publications.
2017 Valeria Di Cosmo, Laura Malaguzzi Valeri
Wind, Storage, Interconnection and the Cost of Electricity Generation
published pages: , ISSN: , DOI:
2019-06-13
2018 Valentin Bertsch, Valeria Di Cosmo
Are Renewables Profitable in 2030? A Comparison between Wind and Solar across Europe
published pages: , ISSN: , DOI:
2019-06-13
2018 Valeria Di Cosmo, Sean Collins and Paul Deane
The Effect of Increased Transmission and Storage in an Interconnected Europe: an Application to France and Ireland
published pages: , ISSN: , DOI:
2019-06-13
2018 Valeria Di Cosmo and Elisa Trujillo-Baute
From Forward to Spot Prices: Producers, Retailers and Loss Averse Consumers in Electricity Markets
published pages: , ISSN: , DOI:
2019-05-25

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The information about "RES INV" are provided by the European Opendata Portal: CORDIS opendata.

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