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DOI10.1016/j.enpol.2021.112369
The role of hydropower reservoirs in deep decarbonization policy
Dimanchev E.G.; Hodge J.L.; Parsons J.E.
发表日期2021
ISSN03014215
卷号155
英文摘要This paper analyzes the role of hydropower reservoirs in the deep decarbonization of power systems. Extending previous work, this study models the impact of hydro reservoirs on optimal planning decisions. It further provides a more holistic assessment of the role and economic value of hydro reservoirs through the use of a detailed capacity expansion and dispatch model. Our model is parameterized based on the power system of New England, U.S. and the hydro-based system of Quebec, Canada. We find that expanding transmission access to hydro reservoirs reduces the need for fossil-fuel power plants that may otherwise be deployed to balance renewable intermittency. Our results show that hydro access can accelerate decarbonization by decreasing optimal gas plant capacity and generation. At levels of very deep decarbonization, reservoir hydro reduces the need for Carbon Capture and Storage. Our modeling shows how hydro reservoirs accomplish this by serving as both a short- and long-term energy storage resource. We further show that, by reducing the need for more expensive balancing technologies and by enabling a more efficient utilization of variable renewables, hydro access lowers the cost of decarbonization, and that this benefit grows non-linearly with the decarbonization target. © 2021 Elsevier Ltd
关键词Climate change mitigation macro-energy systems decarbonization hydropower energy systems engineering power system planning
英文关键词Balancing; Carbon capture; Climate change; Decarbonization; Economics; Fossil fuel power plants; Fossil fuels; Hydroelectric power plants; Capacity expansion; Climate change mitigation macro-energy system decarbonization hydropower energy system engineering power system planning; Decarbonisation; Economic values; Hydropower reservoirs; New England; Optimal planning; Paper analysis; Parameterized; Power; Hydroelectric power; energy policy; fossil fuel; hydroelectric power; power generation; power plant; reservoir; Canada; New England; Quebec [Canada]; United States
语种英语
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/205075
作者单位Center for Energy and Environmental Policy Research, Massachusetts Institute of Technology, Cambridge, MA 02139, United States
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Dimanchev E.G.,Hodge J.L.,Parsons J.E.. The role of hydropower reservoirs in deep decarbonization policy[J],2021,155.
APA Dimanchev E.G.,Hodge J.L.,&Parsons J.E..(2021).The role of hydropower reservoirs in deep decarbonization policy.Energy Policy,155.
MLA Dimanchev E.G.,et al."The role of hydropower reservoirs in deep decarbonization policy".Energy Policy 155(2021).
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