LAPSE:2019.1495
Published Article
LAPSE:2019.1495
A Cost Optimized Fully Sustainable Power System for Southeast Asia and the Pacific Rim
Ashish Gulagi, Dmitrii Bogdanov, Christian Breyer
December 10, 2019
In this paper, a cost optimal 100% renewable energy based system is obtained for Southeast Asia and the Pacific Rim region for the year 2030 on an hourly resolution for the whole year. For the optimization, the region was divided into 15 sub-regions and three different scenarios were set up based on the level of high voltage direct current grid connections. The results obtained for a total system levelized cost of electricity showed a decrease from 66.7 €/MWh in a decentralized scenario to 63.5 €/MWh for a centralized grid connected scenario. An integrated scenario was simulated to show the benefit of integrating additional demand of industrial gas and desalinated water which provided the system the required flexibility and increased the efficiency of the usage of storage technologies. This was reflected in the decrease of system cost by 9.5% and the total electricity generation by 5.1%. According to the results, grid integration on a larger scale decreases the total system cost and levelized cost of electricity by reducing the need for storage technologies due to seasonal variations in weather and demand profiles. The intermittency of renewable technologies can be effectively stabilized to satisfy hourly demand at a low cost level. A 100% renewable energy based system could be a reality economically and technically in Southeast Asia and the Pacific Rim with the cost assumptions used in this research and it may be more cost competitive than the nuclear and fossil carbon capture and storage (CCS) alternatives.
Keywords
100% renewable energy, Australia, economics, energy system optimization, grid integration, Southeast Asia, storage
Suggested Citation
Gulagi A, Bogdanov D, Breyer C. A Cost Optimized Fully Sustainable Power System for Southeast Asia and the Pacific Rim. (2019). LAPSE:2019.1495
Author Affiliations
Gulagi A: School of Energy Systems, Lappeenranta University of Technology, Skinnarilankatu 34, 53850 Lappeenranta, Finland
Bogdanov D: School of Energy Systems, Lappeenranta University of Technology, Skinnarilankatu 34, 53850 Lappeenranta, Finland
Breyer C: School of Energy Systems, Lappeenranta University of Technology, Skinnarilankatu 34, 53850 Lappeenranta, Finland [ORCID]
[Login] to see author email addresses.
Journal Name
Energies
Volume
10
Issue
5
Article Number
E583
Year
2017
Publication Date
2017-04-25
Published Version
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en10050583, Publication Type: Journal Article
Record Map
Published Article

LAPSE:2019.1495
This Record
External Link

doi:10.3390/en10050583
Publisher Version
Download
Files
Dec 10, 2019
Main Article
License
CC BY 4.0
Meta
Record Statistics
Record Views
430
Version History
[v1] (Original Submission)
Dec 10, 2019
 
Verified by curator on
Dec 10, 2019
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2019.1495
 
Original Submitter
Calvin Tsay
Links to Related Works
Directly Related to This Work
Publisher Version