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Modelling of the Faroese Power System

Faroe Islands aims to phase out existing oil-fired power and to have a fossil free electricity generation by 2030. This places some new challenges on the system as current system consists of primarily fossil thermal power production with the advantage that it can be used to balance the system while the replacement is primarily wind power which cannot. This creates a risk for imbalance in the system that must be handled. Another complicating factor is that decarbonisation occurs in all sectors, and as electrification is one of the primary solutions there is also a high likelihood of a very strong electricity demand development further increasing possible imbalance in the system.