The integration costs of variable renewable energies must be considered

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Mapping the Energy Future

The Institute of Energy Economics, Japan

43 episodes

1 week ago

This podcast aims not only to identify the global challenges including energy security, energy affordability, and climate change but also to share with listeners our pragmatic solutions to those. About IEEJ The Institute of Energy Economics, Japan (IEEJ) is a private think tank that covers energy problems, climate issues, and geopolitical agendas across the world. Visit us at https://eneken.ieej.or.jp/en/ for more information.

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The integration costs of variable renewable energies must be considered

Mapping the Energy Future

11 minutes 11 seconds

1 month ago

The integration costs of variable renewable energies must be considered

This episode is talking about “The integration costs of variable renewable energies must be considered”. LCOE alone doesn’t reflect the true cost of power. When integration costs of variable renewables are included, solar becomes expensive at high penetration levels. In Japan and ASEAN, total costs rise sharply beyond 34–50% VRE. A cost-effective energy mix must consider these integration costs.