The Least-Cost Path to a 100% Renewable Electricity Sector in the Faroe Islands

Helma Maria Tróndheim; Terji Nielsen; Bárður Arnsteinsson Niclasen; Claus Leth Bak; Filipe Miguel Faria da Silva

The Least-Cost Path to a 100% Renewable Electricity Sector in the Faroe Islands

Helma Maria Tróndheim, Terji Nielsen, Bárður Arnsteinsson Niclasen, Claus Leth Bak, Filipe Miguel Faria da Silva

Research output: Contribution to book/anthology/report/conference proceeding › Article in proceeding › Research › peer-review

Abstract

In 2030 the electricity sector in the Faroe Islands should be 100% renewable, according to the local electrical power company SEV. It is therefore necessary to study, how this goal can be reached with the minimum costs. This can be determined through optimisation of the future electricity sector. This paper presents such an optimisation. The optimisation is conducted using the computer simulation tool Balmorel, which has been developed for the purpose. Two of the seven power grids in the Faroe Islands are modelled, and input data such as weather and projected demand are defined. The model is allowed to invest in wind, solar and tidal power, in addition to pumped storage systems. The results show that if the least-cost path to a 100% renewable electricity is followed, SEV should invest in 98 MW of wind power, 125 MW solar power, a battery system of 1.6 MW/6.7 MWh and a pumped storage system with a storage of 7.3 GWh. Additionally a cable between the two investigated grids should be installed, to allow for transmission between the grids. In order to get better and site specific results, the model should be expanded with extra demand profiles and input weather data.

Original language	English
Title of host publication	Proceedings of 4th International Hybrid Power System Workshop
Number of pages	6
Publisher	Energynautics
Publication date	May 2019
Publication status	Published - May 2019
Event	4th International Hybrid Power Systems Workshop - Crete, Agia Pelagia, Greece Duration: 22 May 2019 → 23 May 2019 http://hybridpowersystems.org/

Conference

Conference	4th International Hybrid Power Systems Workshop
Location	Crete
Country/Territory	Greece
City	Agia Pelagia
Period	22/05/2019 → 23/05/2019
Internet address	http://hybridpowersystems.org/

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title = "The Least-Cost Path to a 100% Renewable Electricity Sector in the Faroe Islands",

abstract = "In 2030 the electricity sector in the Faroe Islands should be 100% renewable, according to the local electrical power company SEV. It is therefore necessary to study, how this goal can be reached with the minimum costs. This can be determined through optimisation of the future electricity sector. This paper presents such an optimisation. The optimisation is conducted using the computer simulation tool Balmorel, which has been developed for the purpose. Two of the seven power grids in the Faroe Islands are modelled, and input data such as weather and projected demand are defined. The model is allowed to invest in wind, solar and tidal power, in addition to pumped storage systems. The results show that if the least-cost path to a 100% renewable electricity is followed, SEV should invest in 98 MW of wind power, 125 MW solar power, a battery system of 1.6 MW/6.7 MWh and a pumped storage system with a storage of 7.3 GWh. Additionally a cable between the two investigated grids should be installed, to allow for transmission between the grids. In order to get better and site specific results, the model should be expanded with extra demand profiles and input weather data.",

author = "Tr{\'o}ndheim, {Helma Maria} and Terji Nielsen and Niclasen, {B{\'a}r{\dh}ur Arnsteinsson} and Bak, {Claus Leth} and Silva, {Filipe Miguel Faria da}",

year = "2019",

month = may,

language = "English",

booktitle = "Proceedings of 4th International Hybrid Power System Workshop",

publisher = "Energynautics",

note = "4th International Hybrid Power Systems Workshop, HPS 2019 ; Conference date: 22-05-2019 Through 23-05-2019",

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The Least-Cost Path to a 100% Renewable Electricity Sector in the Faroe Islands. / Tróndheim, Helma Maria; Nielsen, Terji; Niclasen, Bárður Arnsteinsson et al.
Proceedings of 4th International Hybrid Power System Workshop. Energynautics, 2019.

Research output: Contribution to book/anthology/report/conference proceeding › Article in proceeding › Research › peer-review

TY - GEN

T1 - The Least-Cost Path to a 100% Renewable Electricity Sector in the Faroe Islands

AU - Tróndheim, Helma Maria

AU - Nielsen, Terji

AU - Niclasen, Bárður Arnsteinsson

AU - Bak, Claus Leth

AU - Silva, Filipe Miguel Faria da

PY - 2019/5

Y1 - 2019/5

N2 - In 2030 the electricity sector in the Faroe Islands should be 100% renewable, according to the local electrical power company SEV. It is therefore necessary to study, how this goal can be reached with the minimum costs. This can be determined through optimisation of the future electricity sector. This paper presents such an optimisation. The optimisation is conducted using the computer simulation tool Balmorel, which has been developed for the purpose. Two of the seven power grids in the Faroe Islands are modelled, and input data such as weather and projected demand are defined. The model is allowed to invest in wind, solar and tidal power, in addition to pumped storage systems. The results show that if the least-cost path to a 100% renewable electricity is followed, SEV should invest in 98 MW of wind power, 125 MW solar power, a battery system of 1.6 MW/6.7 MWh and a pumped storage system with a storage of 7.3 GWh. Additionally a cable between the two investigated grids should be installed, to allow for transmission between the grids. In order to get better and site specific results, the model should be expanded with extra demand profiles and input weather data.

AB - In 2030 the electricity sector in the Faroe Islands should be 100% renewable, according to the local electrical power company SEV. It is therefore necessary to study, how this goal can be reached with the minimum costs. This can be determined through optimisation of the future electricity sector. This paper presents such an optimisation. The optimisation is conducted using the computer simulation tool Balmorel, which has been developed for the purpose. Two of the seven power grids in the Faroe Islands are modelled, and input data such as weather and projected demand are defined. The model is allowed to invest in wind, solar and tidal power, in addition to pumped storage systems. The results show that if the least-cost path to a 100% renewable electricity is followed, SEV should invest in 98 MW of wind power, 125 MW solar power, a battery system of 1.6 MW/6.7 MWh and a pumped storage system with a storage of 7.3 GWh. Additionally a cable between the two investigated grids should be installed, to allow for transmission between the grids. In order to get better and site specific results, the model should be expanded with extra demand profiles and input weather data.

UR - http://hybridpowersystems.org/wp-content/uploads/sites/13/2019/03/HYB19_program_web.pdf

M3 - Article in proceeding

BT - Proceedings of 4th International Hybrid Power System Workshop

PB - Energynautics

T2 - 4th International Hybrid Power Systems Workshop

Y2 - 22 May 2019 through 23 May 2019

ER -

The Least-Cost Path to a 100% Renewable Electricity Sector in the Faroe Islands

Abstract

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Ensuring Supply Reliability and Grid Stability in a 100% Renewable Electricity Sector in the Faroe Islands

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