Fully Renewable Electricity Scenarios forSweden on a Cost Optimal basis

The importance of reducing greenhouse gases to tackle climate change has been widely discussed.Leading climate scientists warn that we immediately have to take action to avoid the dangerouseffects that would be generated if the global temperature rises by 2°C above pre‐industrial levels.Additional anthropogenic carbon dioxide emissions are accelerating the changes in the Earth’sclimate, therefore reducing carbon footprint is a principal goal of these times. The energy industry isone of the biggest contributor to carbon dioxide emissions. Renewable energy technologies will playa central role in the future electricity system and their business potential in the future energy marketappears in line with a low carbon economy. The present study analyses the evolution of renewableenergy technologies in the electricity and heating market for Sweden on a cost optimal basis. Aniterative process is carried out throughout the research with the help of a modelling framework,OSeMOSYS, and a calculation file based on a comparison with historical data for electricitygeneration. Results show how the Swedish electricity and heating system could be dominatedrespectively by wind and biomass due to the large resource availability