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Best estimate plus uncertainty methodology for forecasting electrical balances in isolated grids: The decarbonized Canary Islands by 2040

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dc.contributor.author C. Berna-Escriche es_ES
dc.contributor.author Rivera-Durán, Yago es_ES
dc.contributor.author Álvarez-Piñeiro, Lucas es_ES
dc.contributor.author Muñoz-Cobo, J. L. es_ES
dc.date.accessioned 2025-02-27T19:03:04Z
dc.date.available 2025-02-27T19:03:04Z
dc.date.issued 2024-05 es_ES
dc.identifier.issn 0360-5442 es_ES
dc.identifier.uri http://hdl.handle.net/10251/214924
dc.description.abstract [EN] This paper investigates the challenges isolated islands face in transitioning from fossil fuel-based electricity generation to renewable energy sources. The Canary Islands serve as a case study, where photovoltaic and wind power are the primary renewables, but their variability requires a deep techno-economic analysis. The island¿s energy demand is predicted to rise by 100% due to economic growth, electrification and electric vehicles. However, implementing renewable systems encounters obstacles, such as limited suitable sites and protected areas. The study uses Wilks¿ methodology and Monte Carlo sampling to explore 59 combinations of randomly selected inputs of the uncertain variables, aiming for a 95/95% coverage and confidence level in the results. In most cases, they experience energy shortages, failing to meet electric demand. Even though a new generation mix appears to cover demand under all circumstances, the uncertainty unveils a different reality, leading to an approximate 25% increase in system costs. Surpluses in energy generation, while seemingly positive, can pose challenges. The new system¿s Levelized Cost of Energy increases from around 14 to 17c€/kWh. These cost increases are contingent upon future performance and the variability of uncertain parameters, leading to excesses ranging from slightly below 25% to over 40%. es_ES
dc.description.sponsorship The authors would like to extend their gratitude to the Ministerio de Economía, Industria y Competitividad and by Agencia Nacional de Investigacion under the FPI grant BES-2017-080031. Funding for open access charge: CRUE-Universitat Politecnica de Valencia. es_ES
dc.language Inglés es_ES
dc.publisher Elsevier es_ES
dc.relation.ispartof Energy es_ES
dc.rights Reconocimiento (by) es_ES
dc.subject BEPU analysis es_ES
dc.subject Monte Carlo sampling es_ES
dc.subject Wilks methodology es_ES
dc.subject Stand-alone system es_ES
dc.subject Electric energy balance es_ES
dc.subject Renewable energy es_ES
dc.subject.classification ESTADISTICA E INVESTIGACION OPERATIVA es_ES
dc.title Best estimate plus uncertainty methodology for forecasting electrical balances in isolated grids: The decarbonized Canary Islands by 2040 es_ES
dc.type Artículo es_ES
dc.identifier.doi 10.1016/j.energy.2024.130801 es_ES
dc.relation.projectID info:eu-repo/grantAgreement/MINECO//BES-2017-080031/ es_ES
dc.rights.accessRights Abierto es_ES
dc.contributor.affiliation Universitat Politècnica de València. Escuela Técnica Superior de Ingenieros Industriales - Escola Tècnica Superior d'Enginyers Industrials es_ES
dc.contributor.affiliation Universitat Politècnica de València. Escola Tècnica Superior d'Enginyeria Informàtica es_ES
dc.description.bibliographicCitation C. Berna-Escriche; Rivera-Durán, Y.; Álvarez-Piñeiro, L.; Muñoz-Cobo, JL. (2024). Best estimate plus uncertainty methodology for forecasting electrical balances in isolated grids: The decarbonized Canary Islands by 2040. Energy. 294. https://doi.org/10.1016/j.energy.2024.130801 es_ES
dc.description.accrualMethod S es_ES
dc.relation.publisherversion https://doi.org/10.1016/j.energy.2024.130801 es_ES
dc.type.version info:eu-repo/semantics/publishedVersion es_ES
dc.description.volume 294 es_ES
dc.relation.pasarela S\512120 es_ES
dc.contributor.funder Universitat Politècnica de València es_ES
dc.contributor.funder Ministerio de Economía, Industria y Competitividad es_ES
upv.costeAPC 3630 es_ES


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