1Swiss German University, Indonesia
2Ernst-Abbe-Hochschule Jena, Germany
BibTex Citation Data :
@article{IJRED19236, author = {Matthias Günther and Michael Eichinger}, title = {Cost optimization for the 100% renewable electricity scenario for the Java-Bali grid}, journal = {International Journal of Renewable Energy Development}, volume = {7}, number = {3}, year = {2018}, keywords = {energy system modeling; electricity cost; cost optimization; energy scenario}, abstract = { A 100% renewable electricity supply is no insurmountable technical problem anymore after the respective technologies to harvest the energy from multiple renewable energy sources have been developed and have reached a high level of maturity. A problem may rather be suspected to reside on the economic side of an exclusively renewable electricity supply. The present study examines the economic implications of a renewable energy scenario for the Java-Bali grid. Based on given energy supply scenarios, the costs of an electricity supply from renewable energy sources alone are determined. Economic optimum configurations are determined for which the annual system costs and accordingly the power generation costs are minimized. First the system running costs are considered, i.e. the operation and maintenance costs as well as the costs of the continuous renovation of system components, while capital costs are not taken into account. After this the capital costs are taken into consideration, and total system costs and power generation costs are determined. The main result is a specification of economic optimum system configurations. One important result is that a future electricity supply from renewable resources alone is not more expensive than the current power generation in developed countries. Another result is that the integration of special long-term storage into the Java-Bali grid, like for instance methane storages, besides pumped storages and batteries, is not economically favourable if further moderate battery cost reductions are reached. Article History : Received May 18 th 2018; Received in revised form August 16 th 2018; Accepted October 1 st 2018; Available online How to Cite This Article : Günther, M., Eichinger, M., (2018) Cost Optimization for the 100% Renewable Electricity Scenario for the Java-Bali Grid, International Journal of Renewable Energi Development, 7(3), 269-276. https://doi.org/10.14710/ijred.7.3.269-276 }, pages = {269--276} doi = {10.14710/ijred.7.3.269-276}, url = {https://ejournal.undip.ac.id/index.php/ijred/article/view/19236} }
Refworks Citation Data :
A 100% renewable electricity supply is no insurmountable technical problem anymore after the respective technologies to harvest the energy from multiple renewable energy sources have been developed and have reached a high level of maturity. A problem may rather be suspected to reside on the economic side of an exclusively renewable electricity supply. The present study examines the economic implications of a renewable energy scenario for the Java-Bali grid. Based on given energy supply scenarios, the costs of an electricity supply from renewable energy sources alone are determined. Economic optimum configurations are determined for which the annual system costs and accordingly the power generation costs are minimized. First the system running costs are considered, i.e. the operation and maintenance costs as well as the costs of the continuous renovation of system components, while capital costs are not taken into account. After this the capital costs are taken into consideration, and total system costs and power generation costs are determined. The main result is a specification of economic optimum system configurations. One important result is that a future electricity supply from renewable resources alone is not more expensive than the current power generation in developed countries. Another result is that the integration of special long-term storage into the Java-Bali grid, like for instance methane storages, besides pumped storages and batteries, is not economically favourable if further moderate battery cost reductions are reached.
Article History: Received May 18th 2018; Received in revised form August 16th 2018; Accepted October 1st 2018; Available online
How to Cite This Article: Günther, M., Eichinger, M., (2018) Cost Optimization for the 100% Renewable Electricity Scenario for the Java-Bali Grid, International Journal of Renewable Energi Development, 7(3), 269-276.
https://doi.org/10.14710/ijred.7.3.269-276
Article Metrics:
Last update:
Potential Classification Prediction of Solar and Wind Energy in Indonesia using Machine Learning with Random Forest Algorithm
An Optimal Model to Meet the Hourly Peak Demands of a Specific Region With Solar, Wind, and Grid Supplies
Renewable energy education and awareness among Indonesian students: Exploring challenges and opportunities for a sustainable future
Review on 100% Renewable Energy System Analyses—A Bibliometric Perspective
Assembly of quinone-based renewable biobattery using redox molecules from Lawsonia inermis
Review of Renewable Energy Potentials in Indonesia and Their Contribution to a 100% Renewable Electricity System
100% renewable fueled mine
Last update: 2024-11-04 15:00:46
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge. Articles are freely available to both subscribers and the wider public with permitted reuse.
All articles published Open Access will be immediately and permanently free for everyone to read and download. We are continuously working with our author communities to select the best choice of license options: Creative Commons Attribution-ShareAlike (CC BY-SA). Authors and readers can copy and redistribute the material in any medium or format, as well as remix, transform, and build upon the material for any purpose, even commercially, but they must give appropriate credit (cite to the article or content), provide a link to the license, and indicate if changes were made. If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.
International Journal of Renewable Energy Development (ISSN:2252-4940) published by CBIORE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
