{"title":"Investigating the long-term benefits of EU electricity highways: The case of the Green Aegean Interconnector","authors":"Christos K. Simoglou , Pandelis N. Biskas","doi":"10.1016/j.segan.2024.101558","DOIUrl":null,"url":null,"abstract":"<div><div>This paper investigates the potential long-term benefits that could be arisen by the construction and operation of the envisioned “Green Aegean Interconnector”. This will be a pioneering 9-GW direct interconnection line connecting Greece with Germany to facilitate the transfer of massive amounts of RES generation from South-East to Central-North Europe. The ultimate goal of this analysis is to estimate the total electricity supply cost to be undertaken by the end-consumers in Greece with and without the said interconnector along with the cost/benefit of the Greek national economy associated with the foreseen cross-border electricity exchange. Detailed simulations of the Greek electricity market using a specialized electricity market simulation software on the basis of the main provisions of the revised Greek National Energy and Climate Plan are performed under realistic market evolution scenarios for a future 30-year study horizon (2026–2055). Simulation results and the associated cost-benefit analysis indicate that such a project would enable the operation of additional RES projects in Greece. This would, in turn, decrease the overall Greek end-consumers’ electricity cost and create a significant surplus for the Greek economy through the increased exporting activity, whereas at EU-level it would assist towards further achieving the European energy market integration.</div></div>","PeriodicalId":56142,"journal":{"name":"Sustainable Energy Grids & Networks","volume":"40 ","pages":"Article 101558"},"PeriodicalIF":4.8000,"publicationDate":"2024-10-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Sustainable Energy Grids & Networks","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2352467724002881","RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ENERGY & FUELS","Score":null,"Total":0}
引用次数: 0
Abstract
This paper investigates the potential long-term benefits that could be arisen by the construction and operation of the envisioned “Green Aegean Interconnector”. This will be a pioneering 9-GW direct interconnection line connecting Greece with Germany to facilitate the transfer of massive amounts of RES generation from South-East to Central-North Europe. The ultimate goal of this analysis is to estimate the total electricity supply cost to be undertaken by the end-consumers in Greece with and without the said interconnector along with the cost/benefit of the Greek national economy associated with the foreseen cross-border electricity exchange. Detailed simulations of the Greek electricity market using a specialized electricity market simulation software on the basis of the main provisions of the revised Greek National Energy and Climate Plan are performed under realistic market evolution scenarios for a future 30-year study horizon (2026–2055). Simulation results and the associated cost-benefit analysis indicate that such a project would enable the operation of additional RES projects in Greece. This would, in turn, decrease the overall Greek end-consumers’ electricity cost and create a significant surplus for the Greek economy through the increased exporting activity, whereas at EU-level it would assist towards further achieving the European energy market integration.
期刊介绍:
Sustainable Energy, Grids and Networks (SEGAN)is an international peer-reviewed publication for theoretical and applied research dealing with energy, information grids and power networks, including smart grids from super to micro grid scales. SEGAN welcomes papers describing fundamental advances in mathematical, statistical or computational methods with application to power and energy systems, as well as papers on applications, computation and modeling in the areas of electrical and energy systems with coupled information and communication technologies.