Abstract
Structural changes in the energy sector have created considerable challenges for regulators, energy consumers, and suppliers. Energy researchers rely on quantitative modeling approaches to address these challenges. At the Karlsruhe Institute of Technology, we have developed several models to analyze today's and the future's energy markets to address the challenges for electricity networks as a result of intermittent renewable and decentralized power and heat supply and to find solutions for integrating demand response. This paper presents a survey of these approaches and discusses further challenges. The developed models have proved to be suitable for answering a range of research questions related to structural changes. As the energy sector remains in a constant state of flux, these models need to be further developed. This means coupling different energy sectors and markets and improving their technical accuracy as well as their spatial and temporal resolutions.
Original language | English |
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Pages (from-to) | 1007-1025 |
Number of pages | 19 |
Journal | Energy Technology |
Volume | 5 |
Issue number | 7 |
Early online date | 2 May 2017 |
DOIs | |
Publication status | Published - Jul 2017 |
Keywords
- energy conversion
- energy modeling
- energy systems
- energy transfer
- sustainable chemistry