Periodic Reporting for period 1 - NRGcitizens (Market Design for a Decentralized Integrated European Energy Transformation)
Berichtszeitraum: 2022-01-01 bis 2023-12-31
• What are the advantages and disadvantages of a decentralized energy transformation from a system perspective?
• What potential does residential demand-side flexibility have for the integration of fluctuating renewable energy in an energy system?
• Which (combinations of) incentive mechanisms are suitable to coordinate communities and their different actors and technologies with the overall energy system and with the overarching policy targets?
• How can the distributional effects of proposed mechanisms be quantified using scenarios and techno-economic models?
• How can the economics of small modular reactors (SMRs) be quantified using methods from production economics and finance?
• Development of a qualitative framework to assess incentive and coordination mechanisms for energy sharing communities (Exploitation: public, further R&D, internal use)
• Development of a new methodology to include household flexibility in energy system models and implementation of this methodology in an existing modeling framework (Exploitation: public, further R&D, internal use)
• Development of a new mixed complementarity model for the simulation of energy communities (Exploitation: public, further R&D, internal use)
• Development of a new tool to create synthetic demand data for swarm grids to be used in other simulation models of energy communities like the one developed in this project (Exploitation: public, further R&D, internal use)
• Development of an energy system model (based on an existing framework) with a focus on energy sharing communities and the analysis of incentive and coordination mechanisms (Exploitation: public, further R&D, internal use)
• Development of a new production-economic model integrated with a stochastic investment simulation to forecast future costs of a technology like small modular reactors based on an established technology like conventional large-capacity nuclear reactors using scaling and learning effects and to estimate their project economics (Exploitation: public, further R&D, internal use)
• A qualitative framework to assess ecological, economic, and social aspects of a decentralized energy transformation
• A qualitative assessment of incentive and coordination mechanisms for energy sharing communities
• Quantitative methodologies and tools to estimate the potential of residential demand-side flexibility in energy systems
• Quantitative methodologies and tools to analyze the distributional effects of incentive and coordination mechanisms for energy sharing communities in an energy system
• Quantitative methodologies and tools to estimate the investment costs and project economics of small modular reactors
This progress should contribute to:
• Fostering the development of decentralized flexibility in the energy system
• Supporting the integration of fluctuating renewable energy resources into the European electricity system
• Enhancing incentive mechanisms for energy sharing communities based on their coordination with the wider system
• Ongoing policy developments in the field of the design of the European internal electricity market concerning consumer integration
• Ongoing discussions about the support and development of small modular reactors