Third Party Funds Group - Sub project
Start date : 01.06.2012
End date : 31.12.2015
Extension date: 31.05.2017
Website: http://www.smart-grid-solar.de/index.html
Since the Energy Market Liberalization, all the various decisions regarding the optimal energy supply in Germany are no longer made by fully integrated power supply companies. Instead, decisions are made by different market participants in a decentralized way. Beyond the economical optimization of the interaction between grid, suppliers, storages and consumers, a key question is, to what extent the current market design coupled with policy control mechanisms (e.g. the EEG regulations) actually reaches the implementation of the optimal system via the various decisions of all market participants.The core of the economic analysis evaluates the implementation of a smart grid system considering all relevant market participants within different political frameworks in a quantitative way. Comparing the optimal solutions derived by the work package optimization and simulation enables an identification of the necessary changes in the market design and the legal framework.