Energy conversion/Description: Difference between revisions

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===Total demand for new capacity===
===Total demand for new capacity===
The electricity capacity required to meet the demand per region is based on a forecast of the maximum electricity demand plus a reserve margin of about 10% (including the capacity credit assigned to different forms of electricity generation). Maximum demand is calculated on the basis of an assumed monthly shape of the load duration curve (LDC) and the gross electricity demand. The latter comprises the net electricity demand from the end-use sectors plus electricity trade and transmission losses ({{AbbrTemplate|LDC}} accounts for characteristics such as cooling and lighting demand). The demand for new generation capacity is the difference between the required and existing capacity. Power plants are assumed to be replaced at the end of their lifetime, which varies from 30 to 50 years, depending on the technology and is currently fixed in the model.
The electricity capacity required to meet the demand per region is based on a forecast of the maximum electricity demand plus a reserve margin of about 10% (including the capacity credit assigned to different forms of electricity generation). Maximum demand is calculated on the basis of an assumed monthly shape of the load duration curve (LDC) and the gross electricity demand. The latter comprises the net electricity demand from the end-use sectors plus electricity trade and transmission losses ({{AbbrTemplate|LDC}}) accounts for characteristics such as cooling and lighting demand). The demand for new generation capacity is the difference between the required and existing capacity. Power plants are assumed to be replaced at the end of their lifetime, which varies from 30 to 50 years, depending on the technology and is currently fixed in the model.


===Decisions to invest in specific options ===
===Decisions to invest in specific options ===

Revision as of 17:49, 8 May 2014