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The increasing share of renewable energy generation in the electricity system comes with significant challenges, such as the volatility of renewable energy sources. To tackle those challenges, demand side management is a frequently mentioned remedy. However, measures of demand side management need a high level of flexibility to be successful. Although extensive research exists that describes, models...
Increasing renewable energy sources and innovative information and communication systems open up new challenges and opportunities to integrate distributed generation into the energy supply system. Formerly centralized energy systems need to be adapted to take full advantage of the immense potential of decentralized energy generation and smart, interconnected energy end users. We introduce a local...
As the transition to more renewable energy sources progresses the regional generation clusters of wind and solar generation increase. Since the transmission capacity is limited we can observe an increasing need for redispatch measures in the German electricity grid to accommodate this development. In this paper we analyze the need and costs of redispatch measures and propose a local electricity market...
The German electricity market is undergoing the largest transformation since its liberalization. With increasing shares of renewable generation and decreasing spot exchange prices utilities are searching for new business models. Lessons can be learned from the telecommunication industry which has been liberalized at similar times but has been more competitive and customer centric since. In this paper...
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