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dc.contributor.authorHenden, Arild Lothe
dc.contributor.authorDoorman, Gerard L.
dc.contributor.authorHelseth, Arild
dc.date.accessioned2016-02-04T10:47:32Z
dc.date.accessioned2016-07-28T11:49:05Z
dc.date.available2016-02-04T10:47:32Z
dc.date.available2016-07-28T11:49:05Z
dc.date.issued2016
dc.identifier.citationEnergy Procedia 2016, 87:116-123
dc.identifier.issn1876-6102
dc.identifier.urihttp://hdl.handle.net/11250/2397357
dc.description-
dc.description.abstractThe European power system needs to develop mechanisms to compensate for the reduced predictability and high variability that occur when integrating renewable energy. Construction of pumped storage plant (PSP) is a solution. In this article an economic analysis of large-scale PSP in Norway is made considering sales of energy. The analysis is carried out with a power market model and a 2030 projection of the Northern Europe power system. The effect of varying the PSP capacity and transmission capacity between Norway and Europe is studied. A substantial increase in transmission capacity from Norway to Europe is needed for PSP to be profitable for the owners and the Scandinavian socio-economic surplus. 14100 MW transmission capacities and 950 MW new PSP capacity give the highest socio-economic surplus in this analyse, which increase by 800 M€/year compared with expected 2030 capacity on transmission and PSP.
dc.language.isoeng
dc.titleEconomic Analysis of Large-Scale Pumped Storage Plants in Norway
dc.typeJournal article
dc.typePeer reviewed
dc.date.updated2016-02-04T10:47:32Z
dc.identifier.doidoi:10.1016/j.egypro.2015.12.340
dc.identifier.cristin1331938


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