The paper at hand offers a quantitative assessment of the transformation of the European energy system in achieving the goal of the European Commission of carbon neutrality in Europe by 2050. In doing so, the investment and dispatch optimization model DIMENSION is extended to comprise a greater...

Despite regulation efforts, CO2 emissions from European road transport have continued to rise. Increased use of electricity offers a promising decarbonization option, both to fuel electric vehicles and run power-to-x systems producing synthetic fuels. To understand the economic implications of...

To tackle climate change, residential heating must become climate-neutral. Which technology cost- efficiently achieves this goal is a complex question, given the heterogeneity of buildings and existing infrastructure, as well as uncertainty regarding future energy prices and grid fees. This...

To tackle climate change, residential heating must become climate-neutral. Which technology cost-efficiently achieves this goal is a complex question, given the heterogeneity of buildings and existing infrastructure, as well as the uncertainty regarding future energy prices and grid fees. This...

Electric mobility and renewable energy play key roles in the global energy transition. In this context, vehicle- to-grid technology, which enables bidirectional energy ´row between electric vehicles and the grid, could make electric vehicles usable as energy storage units, thus supporting grid...

We study a one-period supply chain problem consisting of numerous suppliers delivering a homogenous good. Individual supply is uncertain and may exhibit dependencies with other suppliers as well as with the stochastic demand. Assuming that reliability of supply represents an economic value for...

Based upon probabilistic reliability metrics, we develop an optimization model to determine the efficient amount and location of firm generation capacity to achieve reliability targets in multiregional electricity systems. A particular focus lies on the representation and contribution of...

In recent years, the installed capacities of renewable energies have steadily been increasing. This raises the question for optimal locations of renewables. Ideally, the market prices induce efficient locations. Distorting effects, i.e. non incorporation of the physical grid situations, could...

This paper evaluates investment incentives for wind power under uniform and nodal pricing.An electricity system model is developed, which allows for investments into wind power whileconsidering transmission grid constraints in detail. Targeting equally high wind capacitiesunder nodal and uniform...

We perform a model-based analysis of the impact of a renewable hydrogen quota on EU gas and electricity markets. By comparing a scenario in which a renewable hydrogen quota with tradable certificates is imposed on final gas consumption in the sectors of the economy outside the EU ETS with a...