Essays about: "electricity market simulation"

Showing result 1 - 5 of 73 essays containing the words electricity market simulation.

  1. 1. Harnessing Hydrogen and Batteries: Hybrid Energy Storage System for Versatile and Profitable Renewable Power Production

    University essay from Lunds universitet/Industriell elektroteknik och automation

    Author : Nora Jaredson Lilja; Hugo Björling; [2023]
    Keywords : Energy storage; Hydrogen energy storage; Battery storage; Hybrid storage; Wind power; Solar power; Combined wind and solar power production; Variable renewable energy sources; Power management; Energy storage operational strategy; Plannable renewable power production; Technology and Engineering;

    Abstract : This thesis explores the integration of hydrogen and battery energy storage systems as a means to enhance the management of wind and solar power in the pursuit of a greener grid. The objective of the study is to identify the potential benefits and challenges associated with hybrid energy storage systems (HESS) and their role in renewable energy integration. READ MORE

  3. 2. Cannibalization of Renewable Energy in Spain: Market Implications and Mitigation Strategies through CArbon Pricing and Gurarantess of Origin

    University essay from KTH/Skolan för industriell teknik och management (ITM)

    Author : Fredrik Lannhard; [2023]
    Keywords : Cannibalization; Renewable energy; Marginal pricing; Day-ahead markets; Spain; Electricity market simulation; Carbon pricing; Guarantees of origin.; Kannibalisering; Förnybar energi; Marginalprissättning; Spotmarknader; Spanien; Elmarknadssimulering; Koldioxidprissättning; Ursprungsgarantier.;

    Abstract : Renewable cannibalization refers to the phenomenon where the increasing penetration of zeromarginal cost renewable energy sources, such as solar and wind power, leads to a decline in their market value. By extension, this threatens to reduce investment incentives in wind and solar. READ MORE

  4. 3. 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

  5. 4. Techno-economic analysis of large-scale production of e-methanol, via CO2- hydrogenation, in Power-to-X

    University essay from Lunds universitet/Kemiteknik (CI)

    Author : Jonathan Ahlbäck Ikonen; [2023]
    Keywords : Power-to-X; E-methanol; Hydrogen Production; CO2-hydrogenation; Methanol Synthesis; Decarbonisation; Chemical Engineering; Technology and Engineering;

    Abstract : Global levels of carbon emissions are constantly rising causing irreversible damages to ecosystems. The heavy transport sector and the industrial sector are responsible for large amounts of the emissions on a yearly basis. READ MORE

  6. 5. A Techno_Economic Feasibility Study of a Cryptocurrency Data Center Based on Renewable Energy : A feasibility Study of a Bitcoin Mining Farm Powered by Solar and Wind Energy.

    University essay from Uppsala universitet/Institutionen för samhällsbyggnad och industriell teknik

    Author : Ali Wali; [2023]
    Keywords : Datacenter; Cryptocurrency; Mining Farm; Renewable Energy; Hybrid Energy System; Solar and Wind energy; Electricity Storage Medium; Feasibility Study; Financial Analysis; Reliability; Optimization.;

    Abstract : The increasing popularity and improvements in the blockchain technology that offers decentralized communication and transactions in the form of cryptocurrencies that have now days a market value of almost 1.3 Trillion dollars and a huge potential to contribute to other fields such as health care, financial transactions, information technology, secure data exchange, data storage and many others has been pushing towards more integrating of renewable energies in this field. READ MORE