“…Cost reductions are driven by (i) the substitution of fossil fuels [27,29,35,36,51,59,52,63,37], (ii) better use of capital invested in renewable assets by means of reduced curtailment [59,60,61,66,67,71,43], (iii) less need for costly auxiliary technologies such as peak-load capacity [29,40] or power storage [64], (iv) more efficient operation of thermal power plants because of less need for cycling and part-load operation [58,42], and (v) the use of existing district heating infrastructure [31,46,61,66,54,53]. With different co-authors, Hedegaard [27,29] simulates the Danish energy system with complementary models.…”