Showing 11 - 20 of 168
Energy systems based on renewables have an increasing demand for flexibility. In this paper, we consider the potential of power-to-gas to provide flexibility and enhance the system integration of renewables. Existing research on power-to-gas typically analyses the system effects of a...
Persistent link: https://www.econbiz.de/10011985183
Managing the risk associated with uncertain load has always been a challenge for retailers in electricity markets. Yet the load variability has been largely predictable in the past, especially when aggregating a large number of consumers. In contrast, the increasing penetration of unpredictable,...
Persistent link: https://www.econbiz.de/10011985190
In this work, we study the profitability of energy storage operated in the Nordic, German, and UK electricity day-ahead markets during 2006-2016. We build a linear optimization model which maximizes profits from arbitraging hourly prices and use the model output of profits and storage cycles in...
Persistent link: https://www.econbiz.de/10011985198
Increased renewable generation worldwide is posing new challenges for power system planners. The location, as well as the level and operation, of each generation resource is increasingly important. This work presents a constrained Generation Expansion Planning (GEP) optimization model. One of...
Persistent link: https://www.econbiz.de/10011985208
The European Union has set ambitious targets for emission reduction and the penetration of renewable energy, including the electricity generation sector as one of the major emitters of CO2. After a period of subsidy-driven investments, the costs of renewables decreased strongly making...
Persistent link: https://www.econbiz.de/10011957020
The complexity of today's industrial production networks constitutes a new challenge for industrial risk and safety management. In order to handle potential risks to and emanating from industry and their respective impact on mankind as well as the environment, an integrated approach to...
Persistent link: https://www.econbiz.de/10009434675
Growth in energy demand together with the expansion of variable renewables has significant implications for the future electricity system. The increased volatility from growing intermittent production requires new sources of flexibility at a much greater scale to help maintain system balance. In...
Persistent link: https://www.econbiz.de/10012389599
Market power is a dominant feature of many modern electricity markets with an oligopolistic structure, resulting in increased consumer cost. This work investigates how consumers, through demand response (DR), can mitigate against market power. Within DR, our analysis particularly focusses on the...
Persistent link: https://www.econbiz.de/10012389608
A promising tool to achieve more flexibility within power systems is demand re-sponse (DR). End-users in many strands of industry have been subject to research up to now regarding the opportunities for implementing DR programmes. One sector that has received little attention from the literature...
Persistent link: https://www.econbiz.de/10012389610
The development of sustainable energy sources and their enabling infrastructures are often met by public opposition, resulting in lengthy planning processes. One proposed means of reducing public opposition is constraining the capacity of renewable energy projects onshore, leading to more...
Persistent link: https://www.econbiz.de/10012389617