DECARBONIZATION OF GLOBAL ELECTRICITY GENERATION /
ASSESSMENT OF TRANSITION TO A HIGH SHARE OF RENEWABLE ENERGY BY 2030 AND 2050
OLUWASEGUN EMMANUEL LAWAL; SUPERVISOR: ASST. PROF. DR. HUMPHREY ADUN
- xiii, 99 sheets; 31 cm. 1 CD-ROM
Thesis (MSc) - Cyprus International University. Institute of Graduate Studies and Research Energy Systems Engineering Department
Includes bibliography (sheets 87-91)
ABSTRACT The transition to a low-carbon energy system is crucial for mitigating climate change and achieving global sustainability goals. This thesis examines the decarbonization potential of five major economies and significant polluters, namely the United States, China, Japan, Germany, and India, focusing on the assessment of two decarbonization scenarios for global electricity generation. The primary objective is to evaluate the feasibility and implications of achieving a high share of renewable energy by 2030 and 2050 in these countries. The thesis presents a comparative analysis of the results obtained for each country, exploring the CO2 emission reduction and total annual cost implications in 2030 and 2050. To conduct this analysis, the simulation software EnergyPLAN is utilized to model and simulate energy systems in each country. The results show that, for the two scenarios, each of the five countries considered in the study will experience significant reduction in their CO2 emission levels in 2030 and 2050 compared to 2021. The countries will see their CO2 emissions reduce by up to 81.1%, 85.14%, 77.21%. 81.66%, and 49.18%, respectively, in 2030. Similarly, the CO2 emission reductions for each of the five countries listed earlier are 79.76%, 71.17%, 74.51%, 52.42%, and 39.05%, respectively, in 2050. The results also show that the total annual cost form implementing the second scenario in which storage systems are not designed for the excess electricity produced is reasonable compared to the cost in 2021. For example, the cost for USA in 2021 is 367.5 billion USD, 307.1 billion USD in 2030, and in 2050, and 354.2 billion USD. The results from the sensitivity analysis show that for an increase in capacity form 100 MW to 200 MW for each of the major renewable energy systems (RES), the CO2 emissions will reduce for all five countries. The total cost majorly reduces, or experiences a very slight increase, for all the RES, except for the concentrated solar power system (CSP). The total cost of the CSP shows a significant increase for all five countries due to its high installation and maintenance costs. The findings of this research contribute to the understanding of the decarbonization potential of global electricity generation and provide valuable information for policymakers, energy planners, and stakeholders involved in shaping sustain
Energy transition--Dissertations, Academic Renewable energy sources --Dissertations, Academic