Flexible Verbraucher im Deutschen Strommarkt

Third party funded individual grant


Project Details

Project leader:
Prof. Dr. Veronika Grimm
Prof. Dr. Karl Gregor Zöttl

Project members:
Mirjam Ambrosius
Christian Sölch

Contributing FAU Organisations:
Lehrstuhl für Volkswirtschaftslehre, insbesondere Wirtschaftstheorie
Professur für Volkswirtschaftslehre

Funding source: Industrie (ThyssenKrupp AG)
Start date: 01/11/2015
End date: 31/01/2016


Abstract (technical / expert description):


In this research project, we analyze investment incentives for flexible manufacturing facilities within the energy market system. We propose a multi-stage equilibrium model which incorporates generation capacity investment, network expansion and redispatch, and include enhancements regarding a flexible production approach. The model allows to investigate incentives for flexible production as well as locational choices and the impact of flexible energy demand on the energy market as a whole. In particular, we explore the profitability of flexible production units for different shares of flexible energy consumers in the electricity market. Furthermore, we examine from which point on flexible production units will have a considerable influence on energy price development and the extent to which price fluctuations will be mitigated by flexible consumption.



Publications

Ambrosius, M., Grimm, V., Sölch, C., & Zöttl, G. (2018). Investment Incentives For Flexible Demand Options Under Different Market Designs. Energy Policy, 118, 372 - 389. https://dx.doi.org/10.1016/j.enpol.2018.01.059
Ambrosius, M., Grimm, V., Sölch, C., & Zöttl, G. (2016). Investment incentives for flexible energy consumption in the industry. In IEEE (Eds.), 2016 13th International Conference on the European Energy Market (EEM) (pp. 1-5). Porto, PT.

Last updated on 2018-22-11 at 17:20