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Market Design for the Transition to Renewable Electricity Systems

Fraunholz, Christoph

Abstract:
The research carried out in this thesis aims to shed light on the role of the European electricity market design in the transition to a target electricity system that combines sustainability, affordability, and reliability. While the ongoing expansion of fluctuating renewable electricity sources challenges the established structures and market mechanisms, governments across Europe have decided to phase-out certain conventional technologies like coal or nuclear power. Since traditional electricity systems rely on flexibility provided by controllable generation capacity, other flexibility options are needed to compensate for the decommissioned conventional power plants and support the system integration of renewables.

Against this background, the dissertation extends an established large-scale agent-based electricity market model in order to account for the developments towards an integrated European electricity market and the characteristics of storage technologies. In particular, the representation of cross-border effects is enhanced by integrating approaches from the fields of operations research, non-cooperative game theory, and artificial intelligence in the simulation framework. ... mehr


Volltext §
DOI: 10.5445/IR/1000133282
Veröffentlicht am 27.05.2021
Cover der Publikation
Zugehörige Institution(en) am KIT Institut für Industriebetriebslehre und Industrielle Produktion (IIP)
Publikationstyp Hochschulschrift
Publikationsdatum 27.05.2021
Sprache Englisch
Identifikator KITopen-ID: 1000133282
HGF-Programm 37.12.01 (POF IV, LK 01) Digitalization & System Technology for Flexibility Solutions
Verlag Karlsruher Institut für Technologie (KIT)
Umfang ix, 300 S.
Art der Arbeit Dissertation
Fakultät Fakultät für Wirtschaftswissenschaften (WIWI)
Institut Institut für Industriebetriebslehre und Industrielle Produktion (IIP)
Prüfungsdatum 03.05.2021
Referent/Betreuer Fichtner, W.
KIT – Die Forschungsuniversität in der Helmholtz-Gemeinschaft
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