Asymmetric impacts of European transmission network development towards 2050: Stakeholder assessment based on IRENE-40 scenarios

D Pudjianto, M. Castro, G. Strbac, Z Liu, L van der Sluis, G Papaefthymiou

Research output: Contribution to journalArticleScientificpeer-review

5 Citations (Scopus)

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.
Original languageEnglish
Pages (from-to)261-269
Number of pages9
JournalEnergy Economics
Volume53
DOIs
Publication statusPublished - 2016

Keywords

  • European transmission network investment
  • IRENE-40
  • Stakeholder impacts
  • Asymmetric impact
  • Generation/demand scenarios

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