TY - RPRT
TI - Role and Value of Tidal Stream Generation in the Future UK Energy System Further Sensitivity Studies
AU - Pudjianto, D
AB - A range of studies has been undertaken to understand how the penetration of Tidal Stream (TS) technologies will benefit the broader energy system, not only the electricity system but also the hydrogen and carbon infrastructure and operation), shape the portfolio of low-carbon energy resources, and understand what is needed to facilitate the cost-effective integration of such technologies and other technologies in the future of  UK's 2050 net-zero energy system. The studies aim to provide modelling evidence to inform UK policy regarding the role and value of tidal stream power generation in the future UK low-carbon energy system and assess the cost-efficient deployment of tidal stream technologies across various energy system development scenarios. The key findings of initial studies can be found in the published report "Role and Value of Tidal Stream Generation in the Future UK Energy System"1. Since then, several other factors have been identified that may influence the system value of TS. The new set of studies investigates various aspects, such as different assumptions on the levelised cost of variable Renewable Energy Sources (RES) in 2050, the inclusion of extreme weather events in energy system planning, high deployment of nuclear capacity, high cost of nuclear, high gas prices, reduction in the cost of electrolysers and BESS. A spectrum of additional sensitivity analyses has been conducted to analyse how these aspects may affect the future energy system and influence the value of TS.  
DA - 2023/07//
PY - 2023
SP - 26
PB - Imperial College London
UR - https://ore.catapult.org.uk/?orecatapultreports=role-and-value-of-tidal-stream-generation-in-the-future-uk-energy-system-further-sensitivity-studies
LA - English
KW - Current
KW - Tidal
KW - Modeling
KW - Extreme Events
KW - Cost Assessment
KW - Levelized Cost of Energy
ER -