Achieving −55% GHG emissions in 2030 in Wallonia, Belgium: Insights from the TIMES-Wal energy system model. (May 2022)
- Record Type:
- Journal Article
- Title:
- Achieving −55% GHG emissions in 2030 in Wallonia, Belgium: Insights from the TIMES-Wal energy system model. (May 2022)
- Main Title:
- Achieving −55% GHG emissions in 2030 in Wallonia, Belgium: Insights from the TIMES-Wal energy system model
- Authors:
- Coppens, Léo
Gargiulo, Maurizio
Orsini, Marco
Arnould, Nathalie - Abstract:
- Abstract: The Walloon Region has undertaken the ambitious engagement to reduce its greenhouse gases (GHG) emissions up to −55% in 2030. In this context, a regional model of the energy system is a useful tool to give insights to policy makers. We address the lack of an existing integrated tool by developing a technology-rich, bottom-up model for the region. The goal of this paper is twofold: we present the model and its functioning and then we analyse a cost-optimal way to reach the −55% regional target. Firstly, we describe the methodology, discussing how we build the sectors of our model and how the optimisation works. Secondly, we run the model with a constraint on GHG emissions to assess the impact of the mitigation target. We show that the total system cost of such an ambitious mitigation scenario is only ∼0.5% higher than the cost of an unconstrained reference scenario and that emissions reduction must start as soon as possible to stay on the cost-effective trajectory. Concerning technologies, windmills, photovoltaic (PV) panels and building renovations are cost-optimal solutions even with high discount rates. Highlights: A new energy system optimisation model for Wallonia: TIMES-Wal. A cost-optimal way to reach −55% GHG emissions in 2030. The cost of meeting the target is only ∼0.5% higher than in the reference scenario. Emissions reduction must start without delay to stay on the cost-effective path. Windmills, PV panels and renovations are cost-optimal even with highAbstract: The Walloon Region has undertaken the ambitious engagement to reduce its greenhouse gases (GHG) emissions up to −55% in 2030. In this context, a regional model of the energy system is a useful tool to give insights to policy makers. We address the lack of an existing integrated tool by developing a technology-rich, bottom-up model for the region. The goal of this paper is twofold: we present the model and its functioning and then we analyse a cost-optimal way to reach the −55% regional target. Firstly, we describe the methodology, discussing how we build the sectors of our model and how the optimisation works. Secondly, we run the model with a constraint on GHG emissions to assess the impact of the mitigation target. We show that the total system cost of such an ambitious mitigation scenario is only ∼0.5% higher than the cost of an unconstrained reference scenario and that emissions reduction must start as soon as possible to stay on the cost-effective trajectory. Concerning technologies, windmills, photovoltaic (PV) panels and building renovations are cost-optimal solutions even with high discount rates. Highlights: A new energy system optimisation model for Wallonia: TIMES-Wal. A cost-optimal way to reach −55% GHG emissions in 2030. The cost of meeting the target is only ∼0.5% higher than in the reference scenario. Emissions reduction must start without delay to stay on the cost-effective path. Windmills, PV panels and renovations are cost-optimal even with high discount rates. … (more)
- Is Part Of:
- Energy policy. Volume 164(2022)
- Journal:
- Energy policy
- Issue:
- Volume 164(2022)
- Issue Display:
- Volume 164, Issue 2022 (2022)
- Year:
- 2022
- Volume:
- 164
- Issue:
- 2022
- Issue Sort Value:
- 2022-0164-2022-0000
- Page Start:
- Page End:
- Publication Date:
- 2022-05
- Subjects:
- Energy system optimisation model -- TIMES model -- Climate mitigation -- Scenario analysis -- Wallonia -- Belgium
Energy policy -- Periodicals
Politique énergétique -- Périodiques
Electronic journals
333.79 - Journal URLs:
- http://www.sciencedirect.com/science/journal/03014215 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.enpol.2022.112871 ↗
- Languages:
- English
- ISSNs:
- 0301-4215
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3747.720000
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