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Third Industrial Revolution Consulting Group<br />

Figure 5: Energy Flow Graph of the 70% Electricity Self-Generation Scenario for the AEE<br />

Demand Scenario<br />

The energy grids are not part of this modeling, and the effects of DR have not been taken into<br />

account. KomMod assumes a greenfield situation in 2050, not taking into account existing<br />

assets. It also assumes excess solar energy can be sold on the international market during the<br />

day, and that energy can be bought and imported into Luxembourg during the evenings.<br />

However, this is a questionable assumption, since excess solar energy will be a fact of life for<br />

most European countries in the near future, limiting the ability to sell excess production and<br />

increasing the economic viability of battery energy storage.<br />

This modeling, therefore, shows that it is possible to transform the energy system of<br />

Luxembourg, which is highly dependent on energy imports today, into a sustainable energy<br />

system in 2050, which is mainly supplied by renewable energy sources.<br />

Energy Networks<br />

The level of grid interconnection capacity in Luxembourg is already very high. Nevertheless,<br />

investments in interconnections would further improve the security of the country’s energy<br />

supply, especially when considering the foreseen demographic and economic evolution.<br />

34

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