The Future Impact of Carbon Tax on Electricity Flow between Great Britain and Its Neighbors until 2030

This paper investigates the future role of cross-border electricity flow between Great Britain (GB) and its neighbors until 2030, considering high deployment of renewable energy sources (e.g., wind, solar, and biomass), enhanced interconnection capacity, and a partly electrified heating sector. It w...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Ahmad Rafiee, Mehdi Karimi, Amir Safari, Fahimeh Abbasi Talabari
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	electricity interconnection merit order electricity trade CO<sub>2</sub> emission renewable energy Technology T Engineering (General). Civil engineering (General) TA1-2040 Biology (General) QH301-705.5 Physics QC1-999 Chemistry QD1-999
Acceso en línea:	https://doaj.org/article/01fd14814bd0412abe754f43f7de9645
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:01fd14814bd0412abe754f43f7de9645
record_format	dspace
spelling	oai:doaj.org-article:01fd14814bd0412abe754f43f7de96452021-11-11T15:24:24ZThe Future Impact of Carbon Tax on Electricity Flow between Great Britain and Its Neighbors until 203010.3390/app1121104602076-3417https://doaj.org/article/01fd14814bd0412abe754f43f7de96452021-11-01T00:00:00Zhttps://www.mdpi.com/2076-3417/11/21/10460https://doaj.org/toc/2076-3417This paper investigates the future role of cross-border electricity flow between Great Britain (GB) and its neighbors until 2030, considering high deployment of renewable energy sources (e.g., wind, solar, and biomass), enhanced interconnection capacity, and a partly electrified heating sector. It was assumed that two cross-border interconnectors links will connect GB’s power system to its neighbors: (1) a one-way interconnector (IC1) that imports electricity to GB, and (2) a two-way one (IC2) between France and GB. The IC2 was allowed to transfer electricity from a cheaper power system to a more expensive one. The results show that at a fixed CO<sub>2</sub> price, a change in power imported via IC1 will affect the power dispatch of the CO<sub>2</sub> emitting power plants and biomass-fired power plants, and electricity trade via IC1 and IC2. At IC1 importing of £60/MWh, by raising the CO<sub>2</sub> price from 60 to £70/ton, the share of CCGT power plants will reduce by 75%, and the power imported via IC1 link will face 19-times growth. With a constant IC1 import price, raising the CO<sub>2</sub> tax will reduce the total quantity of electricity being exported to France via IC2. Moreover, increasing the CO<sub>2</sub> tax will increase the emissions cost of gas and coal-fired generators, and the power required to meet the demand will be imported via IC1. With the IC1 electricity price set to £20/MWh and the CO<sub>2</sub> tax set to £50/ton, there may be 595 periods out of 17,520 in which GB will be used as an electricity trade corridor. GB’s total CO<sub>2</sub> emissions should drop as the CO<sub>2</sub> tax increases.Ahmad RafieeMehdi KarimiAmir SafariFahimeh Abbasi TalabariMDPI AGarticleelectricity interconnectionmerit orderelectricity tradeCO<sub>2</sub> emissionrenewable energyTechnologyTEngineering (General). Civil engineering (General)TA1-2040Biology (General)QH301-705.5PhysicsQC1-999ChemistryQD1-999ENApplied Sciences, Vol 11, Iss 10460, p 10460 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	electricity interconnection merit order electricity trade CO<sub>2</sub> emission renewable energy Technology T Engineering (General). Civil engineering (General) TA1-2040 Biology (General) QH301-705.5 Physics QC1-999 Chemistry QD1-999
spellingShingle	electricity interconnection merit order electricity trade CO<sub>2</sub> emission renewable energy Technology T Engineering (General). Civil engineering (General) TA1-2040 Biology (General) QH301-705.5 Physics QC1-999 Chemistry QD1-999 Ahmad Rafiee Mehdi Karimi Amir Safari Fahimeh Abbasi Talabari The Future Impact of Carbon Tax on Electricity Flow between Great Britain and Its Neighbors until 2030
description	This paper investigates the future role of cross-border electricity flow between Great Britain (GB) and its neighbors until 2030, considering high deployment of renewable energy sources (e.g., wind, solar, and biomass), enhanced interconnection capacity, and a partly electrified heating sector. It was assumed that two cross-border interconnectors links will connect GB’s power system to its neighbors: (1) a one-way interconnector (IC1) that imports electricity to GB, and (2) a two-way one (IC2) between France and GB. The IC2 was allowed to transfer electricity from a cheaper power system to a more expensive one. The results show that at a fixed CO<sub>2</sub> price, a change in power imported via IC1 will affect the power dispatch of the CO<sub>2</sub> emitting power plants and biomass-fired power plants, and electricity trade via IC1 and IC2. At IC1 importing of £60/MWh, by raising the CO<sub>2</sub> price from 60 to £70/ton, the share of CCGT power plants will reduce by 75%, and the power imported via IC1 link will face 19-times growth. With a constant IC1 import price, raising the CO<sub>2</sub> tax will reduce the total quantity of electricity being exported to France via IC2. Moreover, increasing the CO<sub>2</sub> tax will increase the emissions cost of gas and coal-fired generators, and the power required to meet the demand will be imported via IC1. With the IC1 electricity price set to £20/MWh and the CO<sub>2</sub> tax set to £50/ton, there may be 595 periods out of 17,520 in which GB will be used as an electricity trade corridor. GB’s total CO<sub>2</sub> emissions should drop as the CO<sub>2</sub> tax increases.
format	article
author	Ahmad Rafiee Mehdi Karimi Amir Safari Fahimeh Abbasi Talabari
author_facet	Ahmad Rafiee Mehdi Karimi Amir Safari Fahimeh Abbasi Talabari
author_sort	Ahmad Rafiee
title	The Future Impact of Carbon Tax on Electricity Flow between Great Britain and Its Neighbors until 2030
title_short	The Future Impact of Carbon Tax on Electricity Flow between Great Britain and Its Neighbors until 2030
title_full	The Future Impact of Carbon Tax on Electricity Flow between Great Britain and Its Neighbors until 2030
title_fullStr	The Future Impact of Carbon Tax on Electricity Flow between Great Britain and Its Neighbors until 2030
title_full_unstemmed	The Future Impact of Carbon Tax on Electricity Flow between Great Britain and Its Neighbors until 2030
title_sort	future impact of carbon tax on electricity flow between great britain and its neighbors until 2030
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/01fd14814bd0412abe754f43f7de9645
work_keys_str_mv	AT ahmadrafiee thefutureimpactofcarbontaxonelectricityflowbetweengreatbritainanditsneighborsuntil2030 AT mehdikarimi thefutureimpactofcarbontaxonelectricityflowbetweengreatbritainanditsneighborsuntil2030 AT amirsafari thefutureimpactofcarbontaxonelectricityflowbetweengreatbritainanditsneighborsuntil2030 AT fahimehabbasitalabari thefutureimpactofcarbontaxonelectricityflowbetweengreatbritainanditsneighborsuntil2030 AT ahmadrafiee futureimpactofcarbontaxonelectricityflowbetweengreatbritainanditsneighborsuntil2030 AT mehdikarimi futureimpactofcarbontaxonelectricityflowbetweengreatbritainanditsneighborsuntil2030 AT amirsafari futureimpactofcarbontaxonelectricityflowbetweengreatbritainanditsneighborsuntil2030 AT fahimehabbasitalabari futureimpactofcarbontaxonelectricityflowbetweengreatbritainanditsneighborsuntil2030
_version_	1718435347674693632

The Future Impact of Carbon Tax on Electricity Flow between Great Britain and Its Neighbors until 2030

Ejemplares similares