Handbook on the Economics of Renewable Energy: Chapter 3: Energy system modelling of renewable energy and related energy infrastructure needs

Gustav Resch, Franziska Schöniger, Florian Hasengst, Demet Suna, Gerhard Totschnig, Frank Sensfuß

Research output: Chapter in Book or Conference ProceedingsBook chapterpeer-review

Abstract

Renewable energy technologies produce many measurable benefits, such as a clear reduction in greenhouse gas emissions. However, it is also apparent that these methods of energy production come with costs. Discussing renewable energy developments within an economic context, this pertinent Handbook provides a comprehensive view of the present and future dimensions of renewable energy use. Divided into six authoritative parts, the Handbook employs economic evaluation to provide an analysis of the benefits and costs of renewable energy, allowing authors to extrapolate potential policy changes. Chapters address the conceptual, methodological and empirical dimensions of renewable energy, providing a broad coverage of key topics while maintaining a clear policy-oriented philosophy. With a structured application of energy economics to renewable energy issues, this enlightening Handbook will be beneficial for environmental and energy policy makers. It will also be an interesting read for academics within such fields as policy regulation, energy economics and environmental economics.
Original languageEnglish
Title of host publicationHandbook on the Economics of Renewable Energy
EditorsPablo del Rio, Mario Ragwitz
PublisherEdward Elgar Publishing Ltd.
Chapter3
Pages41-76
Number of pages36
ISBN (Electronic) 978 1 80037 901 5
ISBN (Print) 978 1 80037 901 5
Publication statusPublished - 14 Jul 2023

Research Field

  • Former Research Field - Integrated Energy Systems

Keywords

  • Energy system modelling
  • Renewable energy
  • Power system analysis
  • RES policy analysis
  • Power system flexibility needs
  • decarbonisation

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