Energy conversion/Description: Difference between revisions
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==Total demand for new capacity== | ==Total demand for new capacity== | ||
The required electricity capacity needed to meet the demand per region is based on a forecast of the maximum electricity demand plus a reserve margin of about 10%. The 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 (the LDC accounts for characteristics such as cooling and lighting demand). The demand for new generation capacity equals the difference between the required and existing capacity. Here, power plants are assumed to be replaced at the end of their lifetime (depending on the technology, varying from 30 to 50 years, and currently fixed in the model). | The required electricity capacity needed to meet the demand per region is based on a forecast of the maximum electricity demand plus a reserve margin of about 10%. The maximum demand is calculated on the basis of an assumed monthly shape of the load duration curve ([[HasAcronym::LDC]]) and the gross electricity demand. The latter comprises the net electricity demand (from the end-use sectors) plus electricity trade and transmission losses (the LDC accounts for characteristics such as cooling and lighting demand). The demand for new generation capacity equals the difference between the required and existing capacity. Here, power plants are assumed to be replaced at the end of their lifetime (depending on the technology, varying from 30 to 50 years, and currently fixed in the model). | ||
==Decisions to invest in specific options == | ==Decisions to invest in specific options == |