Want to know how optimal fully renewable power systems are sensitive to technology cost uncertainty ? Meet Philippe QUIRION from CIRED - France
Many studies have demonstrated the feasibility of fully renewable power systems. Yet the future costs of key technologies are highly uncertain, and little is known about the robustness of a renewable power system to these uncertainties.
To analyse this, we build 315 cost scenarios by varying the costs of key technologies, and we model the optimal renewable power system for France, simultaneously optimising investment and dispatch. We add to the literature by studying a consecutive 18-year weather period; by testing all combinations of technology costs rather than changing them one at a time; and by calculating the regret from optimising the energy mix on the basis of cost assumptions that do not materialise.
Our results indicate that the cost of a 100% system is not that sensitive to uncertainty. Admittedly, the optimal energy mix is highly sensitive to cost assumptions: across our scenarios, the installed capacity in PV, onshore wind, and power-to-gas varies by a factor of 5, batteries and offshore wind even more. However, in every scenario the total production and storage cost is similar to or lower than the current cost.
Philippe QUIRION is a French National Research Centre Director at CIRED and a researcher in environmental and resource economics. He has authored and co-authored 130+ publications and papers on the subjects.
His publications can be accessed here.
Each Master Session will take up to 2 hours from 9.30AM till noon and will be themed according to the following specific subjects:
Session #1: CCU – Mineralisation – Hydrogen Programme: 20 May
Session #2: Energy storage and batteries recycling Programme: 27 May 2021
The detailed programme and list of speakers are available here.
How to register?
You can register for one or both sessions, à la carte so to speak. Should you opt for a registration to both sessions (full menu formula), a discount will be applied.
Pricing (VAT excluded):
> Members*: €100.00 per Master Session & €175 for both sessions
> Non-Members: €140.00 per Master Session & €245.00 for both sessions
> Students: FREE
Payment is to be made via this payment platform prior to registration process.
Cancellation policy: Please note that no refund will be made for cancellation. However, the registered person may be replaced. In that case, GreenWin has to be informed as soon as possible, and provided with the full details of the surrogate participant, at the following address: conferences@greenwin.be
(*) fee applicable for all members of the Walloon Innovation Clusters. If you are member of another Walloon Innovation Cluster (Wagralim, BioWin, Logistics In Wallonia, MecaTech, Skywin), please, send a proof of your membership to the following address: compta@greenwin.be
Organised by GreenWin in partnership with Wallonia.be , Wallonia region, essenscia Wallonie, John Cockerill, De Smet Engineers & Contractors & Fluxys
Special thanks to:
Carmeuse, Syngulon , TWEED Cluster , ULB, UCLouvain, ULiège, Gembloux AgroBioTech, UNamur and UMons for their support.
