Agent-based model of intermittent renewables: Simulating emerging changes in energy markets in transition

Agent-based model of intermittent renewables: Simulating emerging changes in energy markets in transition

Chappin, E.J.L.
Viebahn, P.
Richstein, J.C.
Lechtenböhmer, S.
Nebel, A.

Technology, Policy and Management

Infrastructures, Systems and Services

2012-12-31

The energy transition is taking shape in the German and, to a lesser extent also its neighbouring electricity markets. We have proposed adaptations to an existing model to represent the increasing shares of intermittent renewables, that may alter the structure of the market and the viability of strategies of energy companies. The proposed model uses weather data from 15 regions in a long-term ABM of two interconnected electricity markets covering Germany and the Benelux. With the model, the merits of various strategies for energy companies – flexible operation of existing and new thermal power plants, shutdown renewables, carbon capture and storage and concentrated solar power – can be assessed. With sustained developments on this topic, we may be able to generate valuable insights for technology, economy, policy, and management with respect to the expected transition in our complex electricity infrastructure systems.

intermittent renewables
energy transition
agent-based modelling

http://resolver.tudelft.nl/uuid:b6080b40-3ec0-4ea6-a16d-efef60fe6372

University of Salzburg

Salzburger Geographische Arbeiten, (48)2012

Institutional Repository

conference paper

(c) 2012 The Authors and University of Salzburg