IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v12y2019i10p1893-d232300.html
   My bibliography  Save this article

A Generic Data Model for Describing Flexibility in Power Markets

Author

Listed:
  • Paul Schott

    (Project Group Business & Information Systems Engineering of the Fraunhofer FIT, 95444 Bayreuth, Germany)

  • Johannes Sedlmeir

    (Project Group Business & Information Systems Engineering of the Fraunhofer FIT, 95444 Bayreuth, Germany)

  • Nina Strobel

    (Institute of Production Management, Technology and Machine Tools, Technische Universität Darmstadt, 64287 Darmstadt, Germany)

  • Thomas Weber

    (Institute of Production Management, Technology and Machine Tools, Technische Universität Darmstadt, 64287 Darmstadt, Germany)

  • Gilbert Fridgen

    (FIM Research Center, University of Bayreuth Project Group Business & Information Systems Engineering of the Fraunhofer FIT, 95444 Bayreuth, Germany)

  • Eberhard Abele

    (Institute of Production Management, Technology and Machine Tools, Technische Universität Darmstadt, 64287 Darmstadt, Germany)

Abstract

In this article, we present a new descriptive model for industrial flexibility with respect to power consumption. The advancing digitization in the energy sector opens up new possibilities for utilizing and automatizing the marketing of flexibility potentials and therefore facilitates a more advanced energy management. This requires a standardized description and modeling of power-related flexibility. The data model in this work has been developed in close collaboration with several partners from different industries in the context of a major German research project. A suitable set of key figures allows for also describing complex production processes that exhibit interdependencies and storage-like properties. The data model can be applied to other areas as well, e.g., power plants, plug-in electric vehicles, or power-related flexibility of households.

Suggested Citation

  • Paul Schott & Johannes Sedlmeir & Nina Strobel & Thomas Weber & Gilbert Fridgen & Eberhard Abele, 2019. "A Generic Data Model for Describing Flexibility in Power Markets," Energies, MDPI, vol. 12(10), pages 1-29, May.
    • Handle: RePEc:gam:jeners:v:12:y:2019:i:10:p:1893-:d:232300
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/12/10/1893/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/12/10/1893/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Papaefthymiou, Georgios & Haesen, Edwin & Sach, Thobias, 2018. "Power System Flexibility Tracker: Indicators to track flexibility progress towards high-RES systems," Renewable Energy, Elsevier, vol. 127(C), pages 1026-1035.
    2. Alcázar-Ortega, Manuel & Calpe, Carmen & Theisen, Thomas & Carbonell-Carretero, José Francisco, 2015. "Methodology for the identification, evaluation and prioritization of market handicaps which prevent the implementation of Demand Response: Application to European electricity markets," Energy Policy, Elsevier, vol. 86(C), pages 529-543.
    3. Marion Gottschalk & Gerald Franzl & Matthias Frohner & Richard Pasteka & Mathias Uslar, 2018. "From Integration Profiles to Interoperability Testing for Smart Energy Systems at Connectathon Energy," Energies, MDPI, vol. 11(12), pages 1-26, December.
    4. Goutte, Stéphane & Vassilopoulos, Philippe, 2019. "The value of flexibility in power markets," Energy Policy, Elsevier, vol. 125(C), pages 347-357.
    5. Fridgen, Gilbert & Keller, Robert & Thimmel, Markus & Wederhake, Lars, 2017. "Shifting load through space–The economics of spatial demand side management using distributed data centers," Energy Policy, Elsevier, vol. 109(C), pages 400-413.
    6. Lund, Peter D. & Lindgren, Juuso & Mikkola, Jani & Salpakari, Jyri, 2015. "Review of energy system flexibility measures to enable high levels of variable renewable electricity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 45(C), pages 785-807.
    7. Sensfuß, Frank & Ragwitz, Mario & Genoese, Massimo, 2008. "The merit-order effect: A detailed analysis of the price effect of renewable electricity generation on spot market prices in Germany," Energy Policy, Elsevier, vol. 36(8), pages 3076-3084, August.
    8. Moura, Pedro S. & de Almeida, Aníbal T., 2010. "Multi-objective optimization of a mixed renewable system with demand-side management," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(5), pages 1461-1468, June.
    9. Neves, Sónia Almeida & Marques, António Cardoso & Fuinhas, José Alberto, 2018. "On the drivers of peak electricity demand: What is the role played by battery electric cars?," Energy, Elsevier, vol. 159(C), pages 905-915.
    10. Hafiz Majid Hussain & Nadeem Javaid & Sohail Iqbal & Qadeer Ul Hasan & Khursheed Aurangzeb & Musaed Alhussein, 2018. "An Efficient Demand Side Management System with a New Optimized Home Energy Management Controller in Smart Grid," Energies, MDPI, vol. 11(1), pages 1-28, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wanapinit, Natapon & Thomsen, Jessica & Kost, Christoph & Weidlich, Anke, 2021. "An MILP model for evaluating the optimal operation and flexibility potential of end-users," Applied Energy, Elsevier, vol. 282(PB).
    2. Martin Lindner & Benedikt Grosch & Ghada Elserafi & Bastian Dietrich & Matthias Weigold, 2023. "Holistic Approach for an Energy-Flexible Operation of a Machine Tool with Cooling Supply," Energies, MDPI, vol. 16(9), pages 1-25, May.
    3. Alejandro Tristán & Flurina Heuberger & Alexander Sauer, 2020. "A Methodology to Systematically Identify and Characterize Energy Flexibility Measures in Industrial Systems," Energies, MDPI, vol. 13(22), pages 1-35, November.
    4. Körner, Marc-Fabian & Sedlmeir, Johannes & Weibelzahl, Martin & Fridgen, Gilbert & Heine, Moreen & Neumann, Christoph, 2022. "Systemic risks in electricity systems: A perspective on the potential of digital technologies," Energy Policy, Elsevier, vol. 164(C).
    5. Rusche, Simon & Weissflog., Jan & Wenninger, Simon & Häckel, Björn, 2023. "How flexible are energy flexibilities? Developing a flexibility score for revenue and risk analysis in industrial demand-side management," Applied Energy, Elsevier, vol. 345(C).
    6. Martin Bichler & Hans Ulrich Buhl & Johannes Knörr & Felipe Maldonado & Paul Schott & Stefan Waldherr & Martin Weibelzahl, 2022. "Electricity Markets in a Time of Change: A Call to Arms for Business Research," Schmalenbach Journal of Business Research, Springer, vol. 74(1), pages 77-102, March.
    7. Cezar-Petre Simion & Cătălin-Alexandru Verdeș & Alexandra-Andreea Mironescu & Florin-Gabriel Anghel, 2023. "Digitalization in Energy Production, Distribution, and Consumption: A Systematic Literature Review," Energies, MDPI, vol. 16(4), pages 1-30, February.
    8. Wanapinit, Natapon & Thomsen, Jessica & Weidlich, Anke, 2022. "Integrating flexibility provision into operation planning: A generic framework to assess potentials and bid prices of end-users," Energy, Elsevier, vol. 261(PB).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Heffron, Raphael & Körner, Marc-Fabian & Wagner, Jonathan & Weibelzahl, Martin & Fridgen, Gilbert, 2020. "Industrial demand-side flexibility: A key element of a just energy transition and industrial development," Applied Energy, Elsevier, vol. 269(C).
    2. Leinauer, Christina & Schott, Paul & Fridgen, Gilbert & Keller, Robert & Ollig, Philipp & Weibelzahl, Martin, 2022. "Obstacles to demand response: Why industrial companies do not adapt their power consumption to volatile power generation," Energy Policy, Elsevier, vol. 165(C).
    3. Michael Schoepf & Martin Weibelzahl & Lisa Nowka, 2018. "The Impact of Substituting Production Technologies on the Economic Demand Response Potential in Industrial Processes," Energies, MDPI, vol. 11(9), pages 1-13, August.
    4. Pusceddu, Elian & Zakeri, Behnam & Castagneto Gissey, Giorgio, 2021. "Synergies between energy arbitrage and fast frequency response for battery energy storage systems," Applied Energy, Elsevier, vol. 283(C).
    5. Takeshita, Takuma & Aki, Hirohisa & Kawajiri, Kotaro & Ishida, Masayoshi, 2021. "Assessment of utilization of combined heat and power systems to provide grid flexibility alongside variable renewable energy systems," Energy, Elsevier, vol. 214(C).
    6. Rusche, Simon & Weissflog., Jan & Wenninger, Simon & Häckel, Björn, 2023. "How flexible are energy flexibilities? Developing a flexibility score for revenue and risk analysis in industrial demand-side management," Applied Energy, Elsevier, vol. 345(C).
    7. Dagoumas, Athanasios S. & Koltsaklis, Nikolaos E., 2019. "Review of models for integrating renewable energy in the generation expansion planning," Applied Energy, Elsevier, vol. 242(C), pages 1573-1587.
    8. Mauro Lafratta & Matthew Leach & Rex B. Thorpe & Mark Willcocks & Eve Germain & Sabeha K. Ouki & Achame Shana & Jacquetta Lee, 2021. "Economic and Carbon Costs of Electricity Balancing Services: The Need for Secure Flexible Low-Carbon Generation," Energies, MDPI, vol. 14(16), pages 1-21, August.
    9. Lechl, Michael & Fürmann, Tim & de Meer, Hermann & Weidlich, Anke, 2023. "A review of models for energy system flexibility requirements and potentials using the new FLEXBLOX taxonomy," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
    10. Fatras, Nicolas & Ma, Zheng & Jørgensen, Bo Nørregaard, 2022. "Process-to-market matrix mapping: A multi-criteria evaluation framework for industrial processes’ electricity market participation feasibility," Applied Energy, Elsevier, vol. 313(C).
    11. Djørup, Søren & Thellufsen, Jakob Zinck & Sorknæs, Peter, 2018. "The electricity market in a renewable energy system," Energy, Elsevier, vol. 162(C), pages 148-157.
    12. Heffron, Raphael J. & Körner, Marc-Fabian & Schöpf, Michael & Wagner, Jonathan & Weibelzahl, Martin, 2021. "The role of flexibility in the light of the COVID-19 pandemic and beyond: Contributing to a sustainable and resilient energy future in Europe," Renewable and Sustainable Energy Reviews, Elsevier, vol. 140(C).
    13. Sasaki, Kento & Aki, Hirohisa & Ikegami, Takashi, 2022. "Application of model predictive control to grid flexibility provision by distributed energy resources in residential dwellings under uncertainty," Energy, Elsevier, vol. 239(PB).
    14. Henrik Zsiborács & Gábor Pintér & András Vincze & Nóra Hegedűsné Baranyai, 2022. "Wind Power Generation Scheduling Accuracy in Europe: An Overview of ENTSO-E Countries," Sustainability, MDPI, vol. 14(24), pages 1-58, December.
    15. Heggarty, Thomas & Bourmaud, Jean-Yves & Girard, Robin & Kariniotakis, Georges, 2020. "Quantifying power system flexibility provision," Applied Energy, Elsevier, vol. 279(C).
    16. Martin Bichler & Hans Ulrich Buhl & Johannes Knörr & Felipe Maldonado & Paul Schott & Stefan Waldherr & Martin Weibelzahl, 2022. "Electricity Markets in a Time of Change: A Call to Arms for Business Research," Schmalenbach Journal of Business Research, Springer, vol. 74(1), pages 77-102, March.
    17. Javier L'opez Prol & Wolf-Peter Schill, 2020. "The Economics of Variable Renewables and Electricity Storage," Papers 2012.15371, arXiv.org.
    18. Bjørndal, Endre & Bjørndal, Mette Helene & Coniglio, Stefano & Körner, Marc-Fabian & Leinauer, Christina & Weibelzahl, Martin, 2023. "Energy storage operation and electricity market design: On the market power of monopolistic storage operators," European Journal of Operational Research, Elsevier, vol. 307(2), pages 887-909.
    19. Laha, Priyanka & Chakraborty, Basab, 2017. "Energy model – A tool for preventing energy dysfunction," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 95-114.
    20. de Jong, Pieter & Kiperstok, Asher & Sánchez, Antonio Santos & Dargaville, Roger & Torres, Ednildo Andrade, 2016. "Integrating large scale wind power into the electricity grid in the Northeast of Brazil," Energy, Elsevier, vol. 100(C), pages 401-415.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:12:y:2019:i:10:p:1893-:d:232300. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.