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Accommodate Renewable Energy in Interconnected Electricity System: an Economic Perspective

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.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

MSCA-IF-EF-ST - Standard EF

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-MSCA-IF-2015

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Coordinator

FONDAZIONE ENI ENRICO MATTEI
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 168 277,20
Address
CORSO MAGENTA 63 COMPLESSO IMMOBILIARE LE STELLINE
20123 Milano
Italy

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Region
Nord-Ovest Lombardia Milano
Activity type
Research Organisations
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 168 277,20
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