Our team has recently published our new scientific publication entitled “Bidirectional soft-linking of a Capacity Expansion Model with a Production Cost Model to evaluate the feasibility of transition pathways towards carbon neutrality in the power sector” at Elsevier’s Applied Energy Journal. This paper is co-authored by Nikos Kleanthis, Dr. Vassilis Stavrakas, and Prof. Dr. Alexandros Flamos, and is produced within the context of the EC-funded projects, IAM COMPACT and ENCLUDE.
This article introduces a novel bidirectional soft-linking approach between two open-source energy models to generate long-term scenarios in the power sector and evaluate their feasibility, allowing for the optimisation of investments over a 30-year period and the sector’s hourly operation at different snapshots. To demonstrate the applicability of this modelling approach, the Greek power sector is used as a testing ground in order to study the capacity and flexibility requirements of different transition pathways by 2050.
Simulation outcomes indicate that a more ambitious variable renewable energy and storage capacity expansion than the one projected by the National Energy and Climate Plan is required to achieve the targets of 2050, while also highlighting a path dependency on natural gas at least until 2033.
Υou can freely read or download the scientific article until January 04, 2025 by clicking on this link.
