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Impact of demand response on resource adequacy due to an early coal phase-out in Germany

Zimmermann, Florian ORCID iD icon 1; Weiskopf, Thorsten ORCID iD icon 1; Kraft, Emil ORCID iD icon 1
1 Institut für Industriebetriebslehre und Industrielle Produktion (IIP), Karlsruher Institut für Technologie (KIT)

Abstract (englisch):

For this study, the agent-based electricity market simulation model PowerACE is applied to investigate the impact of demand response (DR) on resource adequacy against the background of a coal phase-out in 2030. In addition, two market designs (current implementation and Europe-wide capacity market) are investigated. The results show that demand shortfalls cannot be avoided under the current energy-only market/strategic reserve market design due to a coal phase-out in 2030 in Germany. Even under a capacity market, timely investments to guarantee resource adequacy are not certain, but the shortfall risk is substantially lower. Therefore, market design adoptions in Germany appear necessary. DR can contribute to ensuring resource adequacy in both scenarios and significantly reduce the Loss of Load Expectation (LOLE) and Energy not Served (ENS). However, DR alone is not sufficient to guarantee resource adequacy solely.


Zugehörige Institution(en) am KIT Institut für Industriebetriebslehre und Industrielle Produktion (IIP)
Publikationstyp Proceedingsbeitrag
Publikationsdatum 06.06.2023
Sprache Englisch
Identifikator ISBN: 979-83-503-1258-4
KITopen-ID: 1000160234
HGF-Programm 37.12.01 (POF IV, LK 01) Digitalization & System Technology for Flexibility Solutions
Erschienen in 2023 19th International Conference on the European Energy Market (EEM)
Veranstaltung 19th International Conference on the European Energy Market (EEM 2023), Lappeenranta, Finnland, 06.06.2023 – 08.06.2023
Verlag Institute of Electrical and Electronics Engineers (IEEE)
Seiten 1–9
Projektinformation VerSEAS; TP (BMWK, 03EI1018A)
Nachgewiesen in Scopus
Dimensions
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