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Corresponding Author

El-Sadat, A.

Subject Area

Electrical Engineering

Article Type

Original Study

Abstract

At the coming decades, the energy sector throughout the world will face an increasingly complex array of interlinked challenges; economic, geopolitical, technological, and environmental. Meeting these challenges requires very long times especially for investments decisions on new capacities to cover increasing energy demand and improve the utilization of current and future available energy reserves. This paper presents a proposed strategy to reduce the emission of CO2 while minimizing the generation cost by calculating the optimal yearly mix of generation sources that gives minimum cost and satisfies the forecasted load. The proposed strategy is subject to the generation capability limit of each type of generation given by the authority. Then consider the previous year optimal mix from renewable/nuclear capacity as a base for the recent year. The objective of this paper is achieved by calculating the power generation cost versus the CO2 emitted. The proposed strategy is implemented in Mat-lab environment and applied on the Egyptian electrical grid until 2030. The effectiveness of the proposed strategy is verified by comparing the results with the Egyptian government data.

Keywords

Power generation mix; Renewable; nuclear; CO2 emission & Levelized cost of electricity

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