Feasibility Analysis of New Energy Development under the Asian-African-European Grid Interconnection Mode

Abstract

The power area of Asia-Africa-European power transmission is rich in new energy resources such as wind resources and solar resources. West Asia and Africa have the potential to build large-scale renewable energy power generation bases. Based on the basic idea of Levelized Energy Cost Analysis (LCOE), this paper proposes an improved feasibility analysis model of new energy power generation technology, comprehensively considering the impact of policies, technology, politics and other factors on the cost of power generation. Feasibility of power transmission from large renewable energy bases in West Asia and Africa to Europe are measured under interregional grid interconnection. The results show that: the wind and solar power generation bases in West Asia and Africa are feasible of transferring electricity to Europe, and solar intercontinental interconnected transmission is more feasible than wind power.