Harnessing Value From Circular Economy

Kirsikka Kiviranta; Tomi Thomasson; Jonne Hirvonen; Matti Tähtinen

doi:10.2991/ahe.k.210202.010

Harnessing Value From Circular Economy

Kirsikka Kiviranta^*
, Tomi Thomasson
, Jonne Hirvonen
, Matti Tähtinen

^*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review

Abstract

Energy systems with high shares of variable renewable power generation have an increased need for power system flexibility. In parallel, renewable energy has an important role in circular economy as circular activities such as material processing consumes power and heat. This paper examines if harnessing flexibility from circular economy processes related to upgrading of side and waste material flows increase the value of a renewable energy system. Analysis is conducted on a selected case region as the availability of both circular processes and renewable energies are region-specific depending of the local characteristics. The potential of circular economy as a demand source for abundant variable renewable energy supply is compared to a highly electrified transportation sector and to power-to-heat conversion in addition to the baseline scenario. The analysis is performed with a developed mixed integer linear programming (MILP) model in which energy system operation and selected circular material flows are simultaneously optimized.

Original language	English
Title of host publication	Proceedings of the 14th International Renewable Energy Storage Conference 2020 (IRES 2020)
Editors	Peter Droege, Ingo Stadler, Christoph Trimborn
Publisher	Atlantis Press
Pages	66-72
ISBN (Print)	978-94-6239-327-1
DOIs	https://doi.org/10.2991/ahe.k.210202.010
Publication status	Published - 4 Feb 2021
MoE publication type	A4 Article in a conference publication
Event	14h International Renewable Energy Storage Conference, IRES 2020 - Messe Düsseldorf, Düsseldorf, Germany Duration: 10 Mar 2020 → 12 Mar 2020

Publication series

Series	Atlantis Highlights in Engineering
Volume	6
ISSN	2589-4943

Conference

Conference	14h International Renewable Energy Storage Conference, IRES 2020
Abbreviated title	IRES 2020
Country/Territory	Germany
City	Düsseldorf
Period	10/03/20 → 12/03/20

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

circular economy
wind power
variability
flexibility

Access to Document

10.2991/ahe.k.210202.010Licence: CC BY-NC

Cite this

@inproceedings{f89654c0a0f44951a3d3df16b4924316,

title = "Harnessing Value From Circular Economy",

abstract = "Energy systems with high shares of variable renewable power generation have an increased need for power system flexibility. In parallel, renewable energy has an important role in circular economy as circular activities such as material processing consumes power and heat. This paper examines if harnessing flexibility from circular economy processes related to upgrading of side and waste material flows increase the value of a renewable energy system. Analysis is conducted on a selected case region as the availability of both circular processes and renewable energies are region-specific depending of the local characteristics. The potential of circular economy as a demand source for abundant variable renewable energy supply is compared to a highly electrified transportation sector and to power-to-heat conversion in addition to the baseline scenario. The analysis is performed with a developed mixed integer linear programming (MILP) model in which energy system operation and selected circular material flows are simultaneously optimized.",

keywords = "circular economy, wind power, variability, flexibility",

author = "Kirsikka Kiviranta and Tomi Thomasson and Jonne Hirvonen and Matti T{\"a}htinen",

year = "2021",

month = feb,

day = "4",

doi = "10.2991/ahe.k.210202.010",

language = "English",

isbn = "978-94-6239-327-1",

series = "Atlantis Highlights in Engineering",

publisher = "Atlantis Press",

pages = "66--72",

editor = "Peter Droege and Ingo Stadler and Christoph Trimborn",

booktitle = "Proceedings of the 14th International Renewable Energy Storage Conference 2020 (IRES 2020)",

address = "Netherlands",

note = "14h International Renewable Energy Storage Conference, IRES 2020, IRES 2020 ; Conference date: 10-03-2020 Through 12-03-2020",

}

Kiviranta, K , Thomasson, T, Hirvonen, J & Tähtinen, M 2021, Harnessing Value From Circular Economy. in P Droege, I Stadler & C Trimborn (eds), Proceedings of the 14th International Renewable Energy Storage Conference 2020 (IRES 2020). Atlantis Press, Atlantis Highlights in Engineering, vol. 6, pp. 66-72, 14h International Renewable Energy Storage Conference, IRES 2020, Düsseldorf, Germany, 10/03/20. https://doi.org/10.2991/ahe.k.210202.010

Harnessing Value From Circular Economy. / Kiviranta, Kirsikka ; Thomasson, Tomi; Hirvonen, Jonne et al.
Proceedings of the 14th International Renewable Energy Storage Conference 2020 (IRES 2020). ed. / Peter Droege; Ingo Stadler; Christoph Trimborn. Atlantis Press, 2021. p. 66-72 (Atlantis Highlights in Engineering, Vol. 6).

Research output: Chapter in Book/Report/Conference proceeding › Conference article in proceedings › Scientific › peer-review

TY - GEN

T1 - Harnessing Value From Circular Economy

AU - Kiviranta, Kirsikka

AU - Thomasson, Tomi

AU - Hirvonen, Jonne

AU - Tähtinen, Matti

PY - 2021/2/4

Y1 - 2021/2/4

N2 - Energy systems with high shares of variable renewable power generation have an increased need for power system flexibility. In parallel, renewable energy has an important role in circular economy as circular activities such as material processing consumes power and heat. This paper examines if harnessing flexibility from circular economy processes related to upgrading of side and waste material flows increase the value of a renewable energy system. Analysis is conducted on a selected case region as the availability of both circular processes and renewable energies are region-specific depending of the local characteristics. The potential of circular economy as a demand source for abundant variable renewable energy supply is compared to a highly electrified transportation sector and to power-to-heat conversion in addition to the baseline scenario. The analysis is performed with a developed mixed integer linear programming (MILP) model in which energy system operation and selected circular material flows are simultaneously optimized.

AB - Energy systems with high shares of variable renewable power generation have an increased need for power system flexibility. In parallel, renewable energy has an important role in circular economy as circular activities such as material processing consumes power and heat. This paper examines if harnessing flexibility from circular economy processes related to upgrading of side and waste material flows increase the value of a renewable energy system. Analysis is conducted on a selected case region as the availability of both circular processes and renewable energies are region-specific depending of the local characteristics. The potential of circular economy as a demand source for abundant variable renewable energy supply is compared to a highly electrified transportation sector and to power-to-heat conversion in addition to the baseline scenario. The analysis is performed with a developed mixed integer linear programming (MILP) model in which energy system operation and selected circular material flows are simultaneously optimized.

KW - circular economy

KW - wind power

KW - variability

KW - flexibility

U2 - 10.2991/ahe.k.210202.010

DO - 10.2991/ahe.k.210202.010

M3 - Conference article in proceedings

SN - 978-94-6239-327-1

T3 - Atlantis Highlights in Engineering

SP - 66

EP - 72

BT - Proceedings of the 14th International Renewable Energy Storage Conference 2020 (IRES 2020)

A2 - Droege, Peter

A2 - Stadler, Ingo

A2 - Trimborn, Christoph

PB - Atlantis Press

T2 - 14h International Renewable Energy Storage Conference, IRES 2020

Y2 - 10 March 2020 through 12 March 2020

ER -

Harnessing Value From Circular Economy

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

Fingerprint

Cite this