Journal Article

FZJ-2022-03114

http://join2-wiki.gsi.de/foswiki/pub/Main/Artwork/join2_logo100x88.png Electricity market relationship between Great Britain and its neighbors: distributional effects of Brexit

Ball, C. S. (Corresponding author)FZJ* ; Govorukha, K. ; Kuckshinrichs, W.FZJ* ; Mayer, P. ; Rübbelke, D. ; Vögele, S.FZJ*

2022
Springer Heidelberg

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Please use a persistent id in citations: http://hdl.handle.net/2128/31753  doi:10.1186/s13705-022-00358-0

Abstract: Beyond Great Britain, Brexit could also have ripple effects on the electricity systems of certain other EU member states. This paper investigates the possible effects of reduced growth in interconnectivity between Great Britain and mainland Europe by 2030 on the electricity system in GB and across other EU member states in addition to the effects of Pound depreciation. Effects are analyzed across a “Green Scenario” and “Blue Scenario” in 2030, based on the ENTSO-E (European Network of Transmission System Operators-Electricity) 10-year development plans. There is a greater expansion of nuclear and renewables in Green than in Blue and, in Blue, the British CO2 price is higher than in the EU. Within each scenario, there are four variants: full vs. reduced expansion of interconnection capacity, in combination with no devaluation and 10% depreciation of the British Pound. The EMME (Electricity Market Model for Europe) is used to model these impacts across the different scenario variants.

Keyword(s): Energy (1st)

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Contributing Institute(s):

1. Systemforschung und Technologische Entwicklung (IEK-STE)

Research Program(s):

1. 1112 - Societally Feasible Transformation Pathways (POF4-111) (POF4-111)

Appears in the scientific report 2022

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Database coverage:
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