Asymmetric impacts of European transmission network development towards 2050: Stakeholder assessment based on IRENE-40 scenarios
File(s)
Accepted version
Author(s)
Type
Journal Article
Abstract
This paper presents the assessment of stakeholder impacts of European electricity transmission network investments for a set of future system development scenarios. A techno-economic analysis is adopted, which quantifies the economic impacts on different stakeholders including electricity producers, consumers, and network investors, under the future de-carbonisation pathways described in the IRENE-40 scenarios, ranging from 2010 to 2050. To quantify the impact of transmission infrastructure development, for each pathway, two distinct scenarios of future European transmission development are assessed: “low” (no new transmission between 2010 and 2050) and “high” (optimal transmission development between 2010 and 2050 to accommodate the generation pathway).
The geographical scope of the analysis covers the EU 27+2 nations. A detailed case study of Spain and France is presented to illustrate the so-called ‘asymmetric’ impacts towards different stakeholders in different importing and exporting zones. The resulting arbitrage trades shift the market equilibriums, which eventually affect asymmetrically the welfare of stakeholders.
The geographical scope of the analysis covers the EU 27+2 nations. A detailed case study of Spain and France is presented to illustrate the so-called ‘asymmetric’ impacts towards different stakeholders in different importing and exporting zones. The resulting arbitrage trades shift the market equilibriums, which eventually affect asymmetrically the welfare of stakeholders.
Date Issued
2014-05-23
Date Acceptance
2014-05-12
Citation
Energy Economics, 2014, 53, pp.261-269
ISSN
1873-6181
Publisher
Elsevier
Start Page
261
End Page
269
Journal / Book Title
Energy Economics
Volume
53
Copyright Statement
© 2014 Elsevier B.V. All rights reserved. This manuscript is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/
Subjects
Social Sciences
Economics
Business & Economics
European transmission network investment
IRENE-40
Stakeholder impacts
Asymmetric impact
Generation/demand scenarios
Publication Status
Published