Essays about: "Electricity Spot Price"

Showing result 1 - 5 of 73 essays containing the words Electricity Spot Price.

1. 1. The Price of Power: A quantitative study of price elasticity of demand during high electricity prices in Southern Sweden

   University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Author : Joel Berg; Lisa Johnsson; [2024-02-12]
   Keywords : ;

   Abstract : Unprecedentedly high electricity prices became a pressing issue for consumers in 2021-2022, causing political debate and shedding light on the hourly electricity prices. Out of the four Swedish electricity areas created to facilitate an effective electricity market, this thesis will focus on SE3 and SE4 in the South of Sweden, which experienced the highest prices in 2021-2022. READ MORE

3. 2. Dynamic modelling of electricity arbitrage for single-family homes : Assessing the cost-effectiveness of implementing Energy Storage and Demand-Side Load Management.

   University essay from Linnéuniversitetet/Institutionen för byggd miljö och energiteknik (BET)

   Author : Ahmed Ali; [2023]
   Keywords : Electricity arbitrage trading; intraday electricity market; energy storage system; demand-side load management; single-family homes; Nord Pool; building performance simulation IDA Indoor Climate and Energy ; financial modelling.;

   Abstract : In the context of electricity, arbitrage trading involves taking advantage of existing price variations within electricity markets. The report conducted financial modelling for energy storage systems and demand-side load management for electricity arbitrage trading in single-family homes. READ MORE

4. 3. Model Predictive Control for Ground Source Heat Pumps : Reducing cost while maintaining comfort

   University essay from Linköpings universitet/Reglerteknik

   Author : Isak Bokne; Charlie Elf; [2023]
   Keywords : MPC; Model Predictive Control; heat pump control; electricity spot price; weather prediction; reducing cost;

   Abstract : Today, the control of heat pumps aims to first and foremost maintain a comfortable indoor temperature. This is primarily done by deciding input power based on outside temperature. The cost of electricity, which can be rather volatile, is not taken into account. READ MORE

5. 4. Modeling German Energy Market Hourly Profiles with a Focus on Variable Renewable Energy

   University essay from Lunds universitet/Nationalekonomiska institutionen; Lunds universitet/Statistiska institutionen

   Author : Vincent Ball; Thomas Pegoraro; [2023]
   Keywords : Energy Market; Energy Prices; Renewable Energy; Machine Learning; Business and Economics;

   Abstract : This paper investigates the best methods for modeling hourly profiles in the German energy market for the period between 2018 and 2022. Modeling emphasized variable renewable energy (VRE) and included information on the level of energy production, oil price, COVID lockdowns, and historic hourly energy spot prices. READ MORE

6. 5. A Techno-Economic Case Study of the Implementation of Hydrogen Technology in Connection to a CHP Plant

   University essay from Lunds universitet/Institutionen för energivetenskaper

   Author : Kristina Häggström Wedding; Amanda Kander; [2023]
   Keywords : Hydrogen Technology; Electrolyzer; Fuel Cell; Ancillary Services; Electricity Markets; Power Balancing; Balancing Markets; Power to Gas; Power to Power; Combined Heat and Power; District Heat; Heat Utilization; Flexibility; Optimization; Technology and Engineering;

   Abstract : With climate change as the main driving force, the energy system is currently undergoing changes. Both the share of renewable resources used to produce electricity and the overall electrification is increasing. A way to handle the resulting challenges from more intermittent electricity production is by the implementation hydrogen technology. READ MORE