The cost of a future low-carbon electricity system without nuclear power – the case of Sweden
Artikel i vetenskaplig tidskrift, 2020

To achieve the goal of deep decarbonization of the electricity system, more and more variable renewable energy (VRE) is being adopted. However, there is no consensus among researchers on whether the goal can be accomplished without large cost escalation if nuclear power is excluded in the future electricity system. In Sweden, where nuclear power generated 41% of the annual electricity supply in 2014, the official goal is 100% renewable electricity production by 2040. Therefore, we investigate the cost of a future low-carbon electricity system without nuclear power for Sweden. We model the European electricity system with a focus on Sweden and run a techno-economic cost optimization model for capacity investment and dispatch of generation, transmission, storage and demand-response, under a CO2 emission constraint of 10 g/kWh. Our results show that there are no, or only minor, cost benefits to reinvest in nuclear power plants in Sweden once the old ones are decommissioned. This holds for a large range of assumptions on technology costs and possibilities for investment in additional transmission capacity. We contrast our results with the recent study that claims severe cost penalties for not allowing nuclear power in Sweden and discuss the implications of methodology choice.

Transmission

Nuclear power

Net system cost

Variable renewable energy

Low-carbon electricity system

Electricity trade

Författare

Xiaoming Kan

Chalmers, Rymd-, geo- och miljövetenskap, Fysisk resursteori

Fredrik Hedenus

Chalmers, Rymd-, geo- och miljövetenskap, Fysisk resursteori

Lina Reichenberg

Aalto-Yliopisto

Chalmers, Rymd-, geo- och miljövetenskap, Fysisk resursteori

Energy

0360-5442 (ISSN)

Vol. 195 117015

Ämneskategorier

Annan naturresursteknik

Energisystem

Annan elektroteknik och elektronik

DOI

10.1016/j.energy.2020.117015

Mer information

Senast uppdaterat

2021-03-05