no code implementations • 26 Nov 2024 • Martin Kittel, Alexander Roth, Wolf-Peter Schill
As it affects many countries simultaneously, a storage capacity of 159 TWh or 3% of yearly electricity demand remains required even in the extreme case of unconstrained geographical balancing.
Time Series Analysis
Physics and Society
General Economics
Economics
no code implementations • 30 Sep 2024 • Martin Kittel, Wolf-Peter Schill
As extreme droughts may span across the turn of years, single calendar year planning horizons are not suitable for modeling weather-resilient future energy scenarios.
no code implementations • 9 Feb 2024 • Martin Kittel, Wolf-Peter Schill
Defining, quantifying, and comparing such shortage events across different renewable generation technologies and locations presents a surprisingly intricate challenge.
no code implementations • 6 Sep 2022 • Chen Chris Gong, Falko Ueckerdt, Robert Pietzcker, Adrian Odenweller, Wolf-Peter Schill, Martin Kittel, Gunnar Luderer
For the simple configuration, we mathematically show that this coupling scheme corresponds uniquely to an iterative mapping of the Lagrangians of two power sector optimization problems of different time resolutions, which can lead to a comprehensive model convergence of both decision variables and (shadow) prices.
no code implementations • 14 Sep 2021 • Jonas van Ouwerkerk, Hans Christian Gils, Hedda Gardian, Martin Kittel, Wolf-Peter Schill, Alexander Zerrahn, Alexander Murmann, Jann Launer, Laura Torralba-Díaz, Christian Bußar
We further find deviations in model results of optimal storage and transmission capacity expansion between regions and link them to variable renewable energy generation and demand characteristics.
no code implementations • 28 Jul 2021 • Martin Kittel, Wolf-Peter Schill
In this paper, we provide an analytical representation of different approaches for implementing minimum renewable share constraints in models, and show how these may lead to unintended storage cycling.