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AN AGENT-BASED SIMULATION MODEL FOR THE ANALYSIS OF MARKET INTEGRATION OF RENEWABLE ENERGY FOR THE GERMAN ELECTRICITY MARKET

Reeg, Matthias and Nienhaus, Kristina and Deissenroth, Marc and Wassermann, Sandra and Hauser, Wolfgang and Klann, Uwe and Kast, Thomas (2014) AN AGENT-BASED SIMULATION MODEL FOR THE ANALYSIS OF MARKET INTEGRATION OF RENEWABLE ENERGY FOR THE GERMAN ELECTRICITY MARKET. Mannheim Energy Conference 2014 - Sustainable Energy Markets, 5./6. Mai 2014, Mannheim, Deutschland.

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Abstract

To further ensure a successful integration of renewable energies, technical, financial and organizational aspects of the electricity system have to be redesigned. A main challenge lies in the alignment of generation and demand of energy due to the fluctuating character of renewables. Several possibilities are being discussed to align this imbalance. One possibility is the market integration of renewables by linking the generation of renewable electricity to the price signals of the energy exchange markets. In the year 2012 the German government introduced the market premium for supporting the direct marketing of electricity from renewable energies. The AMIRIS agent-based simulation model allows testing and analysing the impacts of the market premium on the involved market actors (e.g. renewable power plant operators and direct marketers) on the micro level as well as effects on the macro level (energy exchange prices and market structure) of the energy market system.

Item URL in elib:https://elib.dlr.de/93054/
Document Type:Conference or Workshop Item (Speech)
Title:AN AGENT-BASED SIMULATION MODEL FOR THE ANALYSIS OF MARKET INTEGRATION OF RENEWABLE ENERGY FOR THE GERMAN ELECTRICITY MARKET
Authors:
AuthorsInstitution or Email of AuthorsAuthors ORCID iD
Reeg, Matthiasmatthias.reeg (at) dlr.deUNSPECIFIED
Nienhaus, Kristinakristina.nienhaus (at) dlr.deUNSPECIFIED
Deissenroth, Marcmarc.deissenroth (at) dlr.deUNSPECIFIED
Wassermann, SandraZentrum für Interdisziplinäre Risiko- und Innovationsforschung der Universität Stuttgart (ZIRIUS)UNSPECIFIED
Hauser, WolfgangZentrum für Interdisziplinäre Risiko- und Innovationsforschung der Universität Stuttgart (ZIRIUS)UNSPECIFIED
Klann, UweIZESUNSPECIFIED
Kast, ThomasThomas Kast Simulation SolutionsUNSPECIFIED
Date:May 2014
Refereed publication:Yes
Open Access:Yes
Gold Open Access:No
In SCOPUS:No
In ISI Web of Science:No
Status:Accepted
Keywords:RES Policy Instruments, Support Mechanism, Direct Marketing, Agent-based Modelling, Markt Premium
Event Title:Mannheim Energy Conference 2014 - Sustainable Energy Markets
Event Location:Mannheim, Deutschland
Event Type:international Conference
Event Dates:5./6. Mai 2014
Organizer:MaCCI and ZEW
HGF - Research field:Energy
HGF - Program:Technology, Innovation and Society
HGF - Program Themes:Renewable Energy (old)
DLR - Research area:Energy
DLR - Program:E MS - Systems analysis
DLR - Research theme (Project):E - Systems Analysis and Technology Assessment (old)
Location: Stuttgart
Institutes and Institutions:Institute of Engineering Thermodynamics > Systems Analysis and Technology Assessment
Deposited By: Reeg, Dipl.-Ing. Matthias
Deposited On:08 Dec 2014 11:56
Last Modified:31 Jul 2019 19:50

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