{"title":"The value of energy storages under uncertain CO2-prices and renewable shares","authors":"Christoph Zöphel, D. Möst","doi":"10.1109/EEM.2017.7981973","DOIUrl":"https://doi.org/10.1109/EEM.2017.7981973","url":null,"abstract":"This paper analyzes the interaction of renewable energy sources, CO2-price and investments in storages. With an electricity market model the German energy system is observed. Therefore three assumed renewable shares, a CO2-price-range and three storage types (namely hourly, daily and seasonal) are included in the analysis. The aim is to assess which type of storage has the highest value under uncertain but crucial frame conditions. It can be shown that an increasing renewable energy share results in a higher marginal values for storage in general. CO2-prices strengthen this effect. Additionally they have a high impact on the conventional power plant mix as well as on the investment in the different storage types.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115867213","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The role of demand side management for the system integration of renewable energies","authors":"T. Müller","doi":"10.1109/EEM.2017.7981892","DOIUrl":"https://doi.org/10.1109/EEM.2017.7981892","url":null,"abstract":"One possibility to facilitate system integration of renewable energy sources (RES) is Demand Side Management (DSM). The availability of the DSM potential varies according to the season and hour of the day as the demand of most DSM-applications depend on the ambient temperature and/or time of day. In addition, the dispatch of DSM-applications is restricted by technical constraints, e.g. shifting time. For these reasons, the flexibility DSM can provide to the electricity system is limited. One objective of this paper is therefore, to investigate the effect of DSM on the system integration of RES. The results indicate that DSM changes the shape of the residual load curve and decreases both, RES oversupply and curtailment. However, load shifting applications can only balance short term fluctuations, while load increase technologies facilitates the integration of high amounts of RES oversupply, which occurs over several hours and days. Changes of the residual load curve directly affect electricity prices. On the one hand, the number of hours with high prices decrease. On the other hand, prices in times with low residual load increase. These changes, caused by DSM, directly affect the market value of RES plants. In most cases, DSM leads to higher market values due to its price-rising effect in times with low residual load. However, if only load shifting and load shedding is considered, the smoothing-effect of peak prices is higher, than the rising effect of base load prices. As a result, the average electricity price and the market value of wind plants (onshore and offshore) declines. Nevertheless, DSM is an important flexibility option to facilitate system integration of RES.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132057359","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Procurement of network loss — System operators as traders?","authors":"D. Divényi, P. Sőrés","doi":"10.1109/EEM.2017.7981996","DOIUrl":"https://doi.org/10.1109/EEM.2017.7981996","url":null,"abstract":"European network operators are responsible for covering and procuring the electricity lost on their grid. The authors introduce a transparent and reproducible method to model a risk averse trader behavior. The main elements of procurement cost and the resulting energy tariff for network operators are identified and estimated. The presented price calculation model is based on publicly available power exchange data and uses a Value-at-Risk model to assess the risks associated with electricity trading. Based on the provided method the cost of network loss procurement can be estimated and justified. Finally, the authors propose a framework of tenders to increase transparency and promote competition between traders participating in network loss tenders.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"80 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131523469","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Waste incineration plants as the supportive element of a local energy network","authors":"C. Pieper, Andrea Ohle, S. Unz, Michael Beckmannn","doi":"10.1109/EEM.2017.7981902","DOIUrl":"https://doi.org/10.1109/EEM.2017.7981902","url":null,"abstract":"The article examines the income situation for a waste incinerations plants in the current market design and explains possible, useful expansion options. Subsequently, possible contributions to the stabilization of the energy system are explained.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"50 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115889412","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The division of the common German-Austrian electricity market from a legal perspective","authors":"Hans Kristoferitsch, Florian Stangl","doi":"10.1109/EEM.2017.7982026","DOIUrl":"https://doi.org/10.1109/EEM.2017.7982026","url":null,"abstract":"In its decision No 06/2016, the Agency for the Cooperation of Energy Regulators (ACER) ordered a split of the joint German-Austrian electricity market. Since the introduction of a bidding zone border and capacity allocation would have significant negative effects on the Austrian economy the decision meets strong opposition from Austrian policymakers and market participants. The following paper depicts the legal and factual background of the decision and assesses whether ACER enacted its decision in compliance with EU law.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"2002 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123632896","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Direct current market coupling: Sweden — Poland — Lithuania — Sweden","authors":"W. Niewiadomski, M. Wierzbowski","doi":"10.1109/EEM.2017.7982018","DOIUrl":"https://doi.org/10.1109/EEM.2017.7982018","url":null,"abstract":"According to the European Energy policy, highlighting the strategy for development of the interconnection of European countries, this paper presents comparative analysis of the operation of energy markets in southern part of Baltic Ring, within DC loop Sweden — Poland — Lithuania — Sweden. Power systems of abovementioned countries are interconnected by the market coupling mechanism. Analysis is based on two periods of 11 months. The second period contains data from 9.12.2015 to 30.11.2016 while three interconnectors were in operation. However, the first period is in reference to the analysis purposes and it consists of data from 1.01.2015 to 8.12.2015 with only one connection — SwePol link. Evaluation of all aspects observed during those periods provides background to asses and determine the key factors affecting condition of the market in Baltic Ring. According to the results, market coupling mechanism is operating well, however not always power flows are driven by the price variations. Poland and Lithuania benefit from lower prices and Sweden improves usage of the most competitive generation resources.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"49 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124032806","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Capacity market in Poland — Evalutaion of the proposed solution","authors":"I. Filipiak, M. Wierzbowski","doi":"10.1109/EEM.2017.7982029","DOIUrl":"https://doi.org/10.1109/EEM.2017.7982029","url":null,"abstract":"The first part of the article presents the assumptions of the capacity market in Poland that was recently presented by the Ministry of Economy. The mechanism is based on the centralized capacity market solution already implemented in Great Britain, however, introduces novel solutions such as separate auctions for new and existing power units. In the second part, we described the modifications that could be made in order to specifically address the problems of Polish power sector. The proposed changes are more likely to trigger new investments in the ecological and flexible power units located in the areas that support transmission system.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131062400","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Zheng Ma, Joy Dalmacio Billanes, M. Kjærgaard, Bo N⊘rregaard J⊘rgensen
{"title":"Energy flexibility in retail buildings: From a business ecosystem perspective","authors":"Zheng Ma, Joy Dalmacio Billanes, M. Kjærgaard, Bo N⊘rregaard J⊘rgensen","doi":"10.1109/EEM.2017.7981962","DOIUrl":"https://doi.org/10.1109/EEM.2017.7981962","url":null,"abstract":"Retail buildings has an important role for demand side energy flexibility because of their high energy consumption, variety of energy flexibility resources, and centralized control via building control systems. Energy flexibility requires agreements and collaborations among different actors. However, the stakeholders' reaction to energy flexibility have not been fully investigated. Therefore, this paper aims to investigate the stakeholder involvement in energy flexibility by applying the business ecosystem concept (including actors, relationships, value alliances, and influential factors), with the discussion of the stakeholders' roles and their interrelation in delivering energy flexibility with the influential factors to the actual implementation of energy flexible operation of their buildings. Based on a literature analysis, the results cover stakeholders' types and roles, perceptions (drivers, barriers, and benefits), energy management activities and technology adoptions, and the stakeholders' interaction for the energy flexibility in retail buildings.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132061848","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How to handle generation at the lowest grid levels in network charges","authors":"Christine Brandstätt","doi":"10.1109/EEM.2017.7982009","DOIUrl":"https://doi.org/10.1109/EEM.2017.7982009","url":null,"abstract":"The paper presents a model based analysis of different network charging schemes with respect to their ability to provide good incentives for prosumers with or without storage as well as to achieve a fair distribution of network cost between different network levels with varying shares of distributed generation. It finds charging schemes based on net energy or net peak to reflect the effects of generation better than other charging schemes and thus provides valuable insights for policy making.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130963584","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determinants of power hedging mechanisms in liberalized electricity markets","authors":"P. Spodniak, V. Bertsch","doi":"10.1109/EEM.2017.7981899","DOIUrl":"https://doi.org/10.1109/EEM.2017.7981899","url":null,"abstract":"This work quantifies the effect of rising variable renewable electricity production on the hedgable revenue margins of storage and conventional power generating technologies. Additional factors, namely fuel and carbon prices, power demand, and nuclear generation are investigated.","PeriodicalId":416082,"journal":{"name":"2017 14th International Conference on the European Energy Market (EEM)","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128848065","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}