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The Global Grid. Cost-Benefit Analysis: a wind farm in Greenland linked to Europe and North America

Charlier, Martin
(2020)

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Charlier_195647_2020.pdf
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Details

Supervisors
Agrell, Per Joakim
Faculty
Louvain School of Management
Degree label
Master [120] en ingénieur de gestion
Abstract
The Global Grid is a project dedicated to the creation of an electricity grid spanning the whole world. The main objective of the grid is to promote the use of sustainable energy. Thanks to the grid, we will be able to "harvest" energy from remote location. Indeed, high potential areas for sustainable energy are generally far away from load centers (high solar energy potential in arid areas and high wind energy potential offshore). First, I will give a precise description of the Global Grid project including a description of what the grid could look like, of what technologies should be used, of all opportunities and drawbacks and of how such a grid could be implemented and which authorities could rule it. Second, I will conduct a Cost Benefit Analysis of implementing a wind farm in Greenland. This wind farm would be linked to Europe (through Iceland and Faroe Islands) and the East coast of North America thanks to submarine and overhead HVDC cables. Finally, I will discuss the results and conclude the thesis.