4.7 Article

Different investment dynamics in energy transition towards a 100% renewable energy system

Journal

ENERGY
Volume 237, Issue -, Pages -

Publisher

PERGAMON-ELSEVIER SCIENCE LTD
DOI: 10.1016/j.energy.2021.121526

Keywords

100 % Renewable energy systems; EnergyPLAN; Montenegro; Sustainable energy planning; Zero emissions of GHG

Funding

  1. SDEWES Centre, University of Montenegro, Faculty of Mechanical Engineering
  2. University of Zagreb, Faculty of Mechanical Engineering and Naval Architecture
  3. Interreg MED project Blue Deal e Blue Energy Deployment Alliance [5MED18_1.1_M23_072]
  4. Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) of the Federal Republic of Germany through European Climate Initiative (EUKI) [17_007]

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The European Union has adopted a European Green Deal aiming for zero net emissions by 2050. This paper investigates the possibility of achieving a 100 % renewable energy system, using Montenegro as a case study. Results show that with energy efficiency measures, energy storage systems, and demand response balancing, a 100 % renewable energy system is achievable.
In order to mitigate the climate change process, the European Union has adopted a European Green Deal, which foresees zero net emissions of greenhouse gases for all member states by 2050. This paper investigates the possibility of achieving a 100 % renewable energy system that would meet the requirements set out in this agreement. Montenegro was used as a case study to analyse different energy transition pathways. Two scenarios with different dynamics of integrating renewable energy sources in the energy system were determined for 2030, 2040, and 2050. Scenarios were simulated and analysed in the EnergyPLAN model. Due to the large potential in Montenegro, hydropower plants will have a significant share in the production of electricity, but special attention was given to the integration of variable renewable energy sources like solar and wind energy. The analysis shows that it will be possible to achieve a 100 % renewable energy system in both scenarios with the implementation of energy efficiency measures, energy storage systems, synergies with the transportation sector, and balancing through demand response. (c) 2021 Elsevier Ltd. All rights reserved.

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