Searcharxiv⌕ Search

arXiv subjects

Christian von Hirschhausen

Publications and source records attributed to Christian von Hirschhausen.

8 recordsLinked to original sources

Too cheap to meter? A stochastic analysis of projected future fusion costs

In recent years, technological developments and activities by private actors have led a reemerged discussion of the potential of nuclear fusion to meet growing global energy demands. So far, however, fusion technologies remain at comparatively low development levels and their deployment in commercial power plants is probably still decades away. Regardless, over the last decades, many cost studies have been conducted that estimate the future cost of potential fusion power plants. But to date, there is no systematic and harmonized assessment of these projections. Therefore, this study conducts a stochastic analysis of future fusion power plant costs for three distint technology lines, magnetic confinement, inertial confinement, and magneto-inertial confinement fusion, including cost assessments of different technology maturity levels. These levels are further assessed to determine projected learning rates for future fusion costs. For mature technologies, mean LCOE are determined at 114.6, 110.3, and 143.9 USD per MWh for MCF, ICF, and MIF devices, respectively. This implies learning rates of more than 30%. We find that these projected values are rather optimistic when compared to other literature or comparable technologies like fission. We therefore urge policymakers to caution when potential fusion developers refer to the potential economic competitiveness of fusion power plants.

econ.GN↗

Solar prosumage under different pricing regimes: Interactions with the transmission grid

Solar prosumers, residential electricity consumers equipped with photovoltaic (PV) systems and battery storage, are transforming electricity markets. Their interactions with the transmission grid under varying tariff designs are not yet fully understood. We explore the influence of different pricing regimes on prosumer investment and dispatch decisions and their subsequent impact on the transmission grid. Using an integrated modeling approach that combines two open-source dispatch, investment and grid models, we simulate prosumage behavior in Germany's electricity market under real-time pricing or time-invariant pricing, as well as under zonal or nodal pricing. Our findings show that zonal pricing favors prosumer investments, while time-invariant pricing rather hinders it. In comparison, regional solar availability emerges as a larger driver for rooftop PV investments. The impact of prosumer strategies on grid congestion remains limited within the scope of our model-setup, in which home batteries cannot be used for energy arbitrage.

econ.GN↗

European Energy Vision 2060: Charting Diverse Pathways for Europe's Energy Transition

Europe is warming at the fastest rate of all continents, experiencing a temperature increase of about 1°C higher than the corresponding global increase. Aiming to be the first climate-neutral continent by 2050 under the European Green Deal, Europe requires an in-depth understanding of the potential energy transition pathways. In this paper, we develop four qualitative long-term scenarios covering the European energy landscape, considering key uncertainty pillars -- categorized under social, technological, economic, political, and geopolitical aspects. First, we place the scenarios in a three-dimensional space defined by Social dynamics, Innovation, and Geopolitical instabilities. These scenarios are brought to life by defining their narratives and focus areas according to their location in this three-dimensional space. The scenarios envision diverse futures and include distinct features. The EU Trinity scenario pictures how internal divisions among EU member states, in the context of global geopolitical instability, affect the EU climate targets. The REPowerEU++ scenario outlines the steps needed for a self-sufficient, independent European energy system by 2050. The Go RES scenario examines the feasibility of achieving carbon neutrality earlier than 2050 given favourable uncertain factors. The NECP Essentials scenario extends current national energy and climate plans until 2060 to assess their role in realizing climate neutrality. The scenarios are extended by incorporating policies and economic factors and detailed in a Qualitative to Quantitative (Q2Q) matrix, linking narratives to quantification. Finally, two scenarios are quantified to illustrate the quantification process. All the scenarios are in the process of being quantified and will be openly available and reusable.

eess.SY↗

Flexible nuclear power and fluctuating renewables? -- A techno-economic analysis for decarbonized energy systems

Many governments are considering constructing new nuclear power plants to support the decarbonization of the energy system. On the one hand, dispatchable nuclear plants can complement fluctuating generation from wind and PV. On the other hand, escalating construction costs and times raise economic concerns. In this paper, we extensively review construction costs and times. On this basis, we apply a detailed multi-vector energy model to analyze the cost-efficient share of nuclear power in fully decarbonized energy systems, i.e., energy systems that do not utilize any fossil fuels. Our analysis finds that even if, reversing the historical trend, overnight construction costs of nuclear half to 4,000 US-$2018 per kW and construction times remain below ten years, the cost-efficient share of nuclear power in European electricity generation is only around 10%. The analysis still omits the social costs of nuclear power, such as the risk of accidents or waste management. Nuclear plants must operate inflexibly and at capacity factors close to 90% to recover their investment costs, implying that operational flexibility-even if technically possible-is not economically viable. As a result, grid infrastructure, flexible demand in multi-energy systems, and storage are more efficient options for integrating fluctuating wind and photovoltaic generation.

eess.SY↗

A collective blueprint, not a crystal ball: How expectations and participation shape long-term energy scenarios

The development of energy systems is not a technocratic process but equally shaped by societal and cultural forces. Key instruments in this process are model-based scenarios describing a future energy system. Applying the concept of fictional expectations from social economics, we show how energy scenarios are tools to channel political, economic, and academic efforts into a common direction. To impact decision-making, scenarios do not have to be accurate -- but credible and evoke coherent expectations in diverse stakeholders. To gain credibility, authors of scenarios engage with stakeholders and appeal to the authority of institutions or quantitative methods. From these insights on energy scenarios, we draw consequences for developing and applying planning models, the quantitative tool energy scenarios build on. Planning models should be open and accessible to facilitate stakeholder participation, avoid needlessly complex methods to minimize expert bias and aim for a large scope to be policy relevant. Rather than trying to simulate social preferences and convictions within engineering models, scenario development should pursue broad and active participation of all stakeholders, including citizens.

econ.TH↗

Centralized and decentral approaches to succeed the 100% energiewende in Germany in the European context: A model-based analysis of generation, network, and storage investments

In this paper, we explore centralized and more decentral approaches to succeed the energiewende in Germany, in the European context. We use the AnyMOD framework to model a future renewable-based European energy system, based on a techno-economic optimization, i.e. cost minimization with given demand, including both investment and the subsequent dispatch of capacity. The model includes 29 regions for European countries, and 38 NUTS-2 regions in Germany. First the entire energy system on the European level is optimized. Based on these results, the electricity system for the German regions is optimized to achieve great regional detail to analyse spatial effects. The model allows a comparison between a stylized central scenario with high amounts of wind offshore deployed, and a decentral scenario using mainly the existing grid, and thus relying more on local capacities. The results reveal that the cost for the second optimization of these two scenarios are about the same: The central scenario is characterized by network expansion in order to transport the electricity from the wind offshore sites, whereas the decentral scenario leads to more photovoltaic and battery deployment closer to the areas with a high demand for energy. A scenarios with higher energy efficiency and lower demand projections lead to a significant reduction of investment requirements, and to different localizations thereof.

econ.GN↗

The Potential of Sufficiency Measures to Achieve a Fully Renewable Energy System -- A case study for Germany

The paper provides energy system-wide estimates of the effects sufficiency measures in different sectors can have on energy supply and system costs. In distinction to energy efficiency, we define sufficiency as behavioral changes to reduce useful energy without significantly reducing utility, for example by adjusting thermostats. By reducing demand, sufficiency measures are a potentially decisive but seldomly considered factor to support the transformation towards a decarbonized energy system. Therefore, this paper addresses the following question: What is the potential of sufficiency measures and what is their impacts on the supply side of a 100% renewable energy system? For this purpose, an extensive literature review is conducted to obtain estimates for the effects of different sufficiency measures on final energy demand in Germany. Afterwards, the impact of these measures on the supply side and system costs is quantified using a bottom-up planning model of a renewable energy system. Results indicate that final energy could be reduced by up to 20.5% and as a result cost reduction between 11.3% to 25.6% are conceivable. The greatest potential for sufficiency measures was identified in the heating sector.

econ.GN↗

Accounting for spatiality of renewables and storage in transmission planning

The current governance process to plan the German energy system omits two options to substitute grid expansion: First, placing renewables closer to demand instead of where site conditions are best. Second, utilizing storage instead of additional transmission infrastructure to prevent grid congestion. In the paper, we apply a comprehensive capacity expansion model based on the AnyMOD modelling framework to compare the status quo to alternative planning approaches for a fully renewable energy system. To represent spatiality and fluctuations of renewables, the German electricity sector is modelled with great spatio-temporal detail of 32 NUTS2 regions and hourly time-steps. In addition to the German electricity sector, analysis also accounts for exchange of energy with the rest of Europe and demand for electricity and electricity-based fuels, like hydrogen or synthetic gases, from the industry, transport, and heat sector. The results reveal that a first-best solution can be well approximated if the current planning approach also considered storage for congestion management. Placing renewables different has no significant effect in our case, because the available potential must be exploited almost entirely leaving little room for optimization. Furthermore, a sensitivity on the first-best scenario prohibiting additional transmission lines entirely suggests that grid expansion can be substituted at tolerable costs.

physics.soc-ph↗