Electric power grid interconnections in Northeast Asia: A quantitative analysis of opportunities and challenges

Cost benefit analysis; Costs; Electric power distribution; Electric power system interconnection; Electric power transmission networks; Fuels; Investments; Linear programming; Renewable energy resources; Electricity trade; Energy systems modeling; Grid interconnections; Northeast Asia; Renewable ene...

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Main Authors: Otsuki T., Mohd Isa A.B., Samuelson R.D.
Other Authors: 56519368900
Format: Article
Published: Elsevier Ltd 2023
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spelling my.uniten.dspace-228522023-05-29T14:12:44Z Electric power grid interconnections in Northeast Asia: A quantitative analysis of opportunities and challenges Otsuki T. Mohd Isa A.B. Samuelson R.D. 56519368900 35788175100 55812574300 Cost benefit analysis; Costs; Electric power distribution; Electric power system interconnection; Electric power transmission networks; Fuels; Investments; Linear programming; Renewable energy resources; Electricity trade; Energy systems modeling; Grid interconnections; Northeast Asia; Renewable energies; Electric power system economics; alternative energy; electricity supply; emission control; energy market; linear programing; modeling; renewable resource; Gobi Desert; Northeast Asia; Russian Federation Power grid interconnection has gained attention in Northeast Asia (NEA) as a means to build an economically efficient power system and to effectively utilize renewable energy, such as wind and solar resources in the Gobi Desert and hydro resources in Eastern Russia.In order to quantify the potential economic and environmental benefits from connecting power grids and developing renewables in NEA, we build an NEA-wide multi-region power system model using linear programming techniques. Our analysis considers power system characteristics, such as the seasonal and daily electric load curves of the various NEA economies.Compared to a "no grid extension" scenario, increased access to renewables contributes significantly to emissions reductions and fuel cost savings. However, the results imply modest benefits in lowering total cost because of the large initial investments needed in developing the renewables and the transmission lines. These limited total cost savings are likely to pose an implementation challenge for NEA grid interconnections. Our results also suggest that grid interconnections become more economically attractive in higher fuel price or lower initial cost situations. The relevant planning organizations should carefully consider the initial cost and future fuel price trends when considering how to interconnect power girds in an economical manner. � 2015 The Authors. Final 2023-05-29T06:12:44Z 2023-05-29T06:12:44Z 2016 Article 10.1016/j.enpol.2015.11.021 2-s2.0-84952884608 https://www.scopus.com/inward/record.uri?eid=2-s2.0-84952884608&doi=10.1016%2fj.enpol.2015.11.021&partnerID=40&md5=9d1dc526a2dd4554466b6d44fe8fad10 https://irepository.uniten.edu.my/handle/123456789/22852 89 311 329 All Open Access, Hybrid Gold Elsevier Ltd Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description Cost benefit analysis; Costs; Electric power distribution; Electric power system interconnection; Electric power transmission networks; Fuels; Investments; Linear programming; Renewable energy resources; Electricity trade; Energy systems modeling; Grid interconnections; Northeast Asia; Renewable energies; Electric power system economics; alternative energy; electricity supply; emission control; energy market; linear programing; modeling; renewable resource; Gobi Desert; Northeast Asia; Russian Federation
author2 56519368900
author_facet 56519368900
Otsuki T.
Mohd Isa A.B.
Samuelson R.D.
format Article
author Otsuki T.
Mohd Isa A.B.
Samuelson R.D.
spellingShingle Otsuki T.
Mohd Isa A.B.
Samuelson R.D.
Electric power grid interconnections in Northeast Asia: A quantitative analysis of opportunities and challenges
author_sort Otsuki T.
title Electric power grid interconnections in Northeast Asia: A quantitative analysis of opportunities and challenges
title_short Electric power grid interconnections in Northeast Asia: A quantitative analysis of opportunities and challenges
title_full Electric power grid interconnections in Northeast Asia: A quantitative analysis of opportunities and challenges
title_fullStr Electric power grid interconnections in Northeast Asia: A quantitative analysis of opportunities and challenges
title_full_unstemmed Electric power grid interconnections in Northeast Asia: A quantitative analysis of opportunities and challenges
title_sort electric power grid interconnections in northeast asia: a quantitative analysis of opportunities and challenges
publisher Elsevier Ltd
publishDate 2023
_version_ 1806425545558196224
score 13.214268