Active participation of industrial enterprises in electricity markets - a generic modeling approach
- Industrial enterprises represent a significant portion of electricity consumers with the potential of providing demand-side energy flexibility from their production processes and on-site energy assets. Methods are needed for the active and profitable participation of such enterprises in the electricity markets especially with variable prices, where the energy flexibility available in theirIndustrial enterprises represent a significant portion of electricity consumers with the potential of providing demand-side energy flexibility from their production processes and on-site energy assets. Methods are needed for the active and profitable participation of such enterprises in the electricity markets especially with variable prices, where the energy flexibility available in their manufacturing, utility and energy systems can be assessed and quantified. This paper presents a generic model library equipped with optimal control for energy flexibility purposes. The components in the model library represent the different technical units of an industrial enterprise on material, media, and energy flow levels with their process constraints. The paper also presents a case study simulation of a steel-powder manufacturing plant using the model library. Its energy flexibility was assessed when the plant procured its electrical energy at fixed and variable electricity prices. In the simulated case study, flexibility use at dynamic prices resulted in a 6% cost reduction compared to a fixed-price scenario, with battery storage and the manufacturing system making the largest contributions to flexibility.…
Document Type: | Conference Proceeding |
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Conference Type: | Konferenzartikel |
Zitierlink: | https://opus.hs-offenburg.de/5050 | Bibliografische Angaben |
Title (English): | Active participation of industrial enterprises in electricity markets - a generic modeling approach |
Conference: | 10th DACH+ Conference on Energy Informatics. Virtual. 13-17 September 2021 |
Author: | Rahul Khatri![]() |
Year of Publication: | 2021 |
Place of publication: | Cham |
Publisher: | SpringerOpen |
Page Number: | 20 |
First Page: | 1 |
Last Page: | 20 |
Article Number: | 20 |
Parent Title (English): | Proceedings of the 10th DACH+ Conference on Energy Informatics |
Parent Title (Other language): | Energy Informatics |
Editor: | Anke Weidlich, Dirk Neumann, Gunther Gust, Philipp Staudt, Mirko Schäfer |
Volume: | 4 |
Issue: | Suppl 3. |
ISSN: | 2520-8942 |
DOI: | https://doi.org/10.1186/s42162-021-00173-5 |
URN: | https://urn:nbn:de:bsz:ofb1-opus4-50504 |
Language: | English | Inhaltliche Informationen |
Institutes: | Forschung / INES - Institut für nachhaltige Energiesysteme |
Fakultät Elektrotechnik, Medizintechnik und Informatik (EMI) (ab 04/2019) | |
Collections of the Offenburg University: | Bibliografie |
Tag: | Demand side flexibility; Digitalization; Energy management; Energy systems modeling; Optimization and control | Formale Angaben |
Open Access: | Open Access |
Licence (German): | ![]() |