Journal Article

FZJ-2020-05262

http://join2-wiki.gsi.de/foswiki/pub/Main/Artwork/join2_logo100x88.png Do investments in flexibility enhance sustainability? A simulative study considering the German electricity sector

Schäfer, P.RWTH* ; Daun, T. M.RWTH* ; Mitsos, A. (Corresponding author)FZJ*RWTH*

2020
Wiley Hoboken, NJ

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Please use a persistent id in citations: http://hdl.handle.net/2128/26531  doi:10.1002/aic.17010

Abstract: Current research concerning industrial demand side management primarily focuses on monetary aspects. Herein, we extend this perspective by assessing whether economically driven measures increasing the flexibility also result in reduced contributions to the residual load. For this purpose, we conduct a simulative study using historic and projected time series for the German electricity sector. First, Fourier analysis are performed to show that the main oscillation in the electricity price time series has a period length of 12 hr, whereas the renewable generation is primarily characterized by an oscillation with a period length of 24 hr. Second, a generic process model with capabilities for load shiftings is used to evaluate how the fluctuation patterns can be exploited via scheduling optimizations. Most importantly, our results demonstrate that prevalent price fluctuations prevent adequate monetary incentives for providing storage capacities for bridging up to 24 hr, which are desired for reducing the residual load.

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Contributing Institute(s):

1. Modellierung von Energiesystemen (IEK-10)

Research Program(s):

1. 899 - ohne Topic (POF3-899) (POF3-899)

Appears in the scientific report 2020

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Database coverage:
; ; ; Clarivate Analytics Master Journal List ; Current Contents - Engineering, Computing and Technology ; DEAL Wiley ; Essential Science Indicators ; IF < 5 ; JCR ; Nationallizenz ; SCOPUS ; Science Citation Index Expanded ; Web of Science Core Collection

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