arXiv subjects

Claudia Kemfert

Publications and source records attributed to Claudia Kemfert.

5 recordsLinked to original sources

arXiv2026

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↗

arXiv2025

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↗

arXiv2022

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↗

arXiv2021

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↗

arXiv2018

On the economics of electrical storage for variable renewable energy sources

The use of renewable energy sources is a major strategy to mitigate climate change. Yet Sinn (2017) argues that excessive electrical storage requirements limit the further expansion of variable wind and solar energy. We question, and alter, strong implicit assumptions of Sinn's approach and find that storage needs are considerably lower, up to two orders of magnitude. First, we move away from corner solutions by allowing for combinations of storage and renewable curtailment. Second, we specify a parsimonious optimization model that explicitly considers an economic efficiency perspective. We conclude that electrical storage is unlikely to limit the transition to renewable energy.

physics.soc-ph↗