2361. Modeling Demand Response in Generation Expansion Planning Problems with High Levels of Intermittent Renewable Electricity : A Case Study on the Turkish Power Sector
Invited abstract in session TA-44: Modelling coordination challenges in the energy transition, stream Energy Economics & Management.
Tuesday, 8:30-10:00Room: Newlyn 1.01
Authors (first author is the speaker)
| 1. | Bora Kat
|
| The Scientific and Technological Research Council of Türkiye (TÜBİTAK) | |
| 2. | Oliver Schenker
|
| Leibniz Centre for European Economic Research (ZEW) |
Abstract
Within the scope of the Paris Agreement and the decarbonization targets set by the countries all over the world, studies that focus on possible transition pathways for both the entire economy and specific energy-intensive sectors have gained prominence. In this context, studies on the clean energy transition in the power sector (the key sector in decarbonization of most economies), have also been accelerated in recent years. These studies point out that several flexibility mechanisms are crucial in overcoming challenging issues such as the intermittency of renewable technologies, over-increasing demand due to the widespread electrification plans in almost all sectors, and major changes in consumption patterns. This study investigates one of the main flexibility mechanisms, i.e., the Demand Response (DR). In this regard, the generation expansion planning (GEP) model developed for Türkiye (TR-Power) is enhanced by comprehensively integrating the DR characteristics beyond the current modeling efforts in the literature especially in terms of representing the cost of implementing DR schemes. The revised model is run under the updated base year and an extensive set of scenarios defined in line with the recently published energy plan and based on DR parameters specific to the Turkish economy. Moreover, theoretical upper bounds on the DR potential are determined under hypothetical load curves.
Keywords
- Energy Policy and Planning
- OR in Energy
- Electricity Markets
Status: accepted
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