๐ก Weโre excited to share our latest publication:
"Aligning heat pump operation with market signals: A win-win scenario for the electricity market and its actors?"
Key Findings:
๐ https://t.co/wBtHliingH
๐ https://t.co/wBtHliingH
#RenewableEnergy#Sustainability#HeatPumps
๐ New Industrial Article Published!
Weโve published in Energiewirtschaftliche Tagesfragen: "Assessing support instruments for renewable energies: Insights from the European project TradeRES."
๐Moreย papers: https://t.co/6ozmcCTM8t
๐Publication: https://t.co/alJ2Y8c0RR
๐ Did you miss our successful webinar, "New Markets Design & Models for 100% Renewable Power Systems"?
The recordings are now available online! It's the perfect opportunity to catch up on everything you missed
โถ๏ธ Watch now on YouTube: โhttps://t.co/MHDdY5jgvI
โก New paper, "Adaptive Robust Strategy for Energy and Regulation Service Management in Local Energy Communities" published in Applied Energy!
๐ฑOptimizing energy in LECs with shared battery & hydrogen systems to boost flexibility and cut costs.
+ info: https://t.co/6ozmcCUjY1
๐ข Final webinar: "Electricity Market Design for ~100% Renewable Power Systems"! Join us on Nov 19, 2024, at 15:00 (CET) to explore key findings from the H2020 TradeRES project.
Agenda now available
๐ Register: https://t.co/dx01uIXsn7
More info: https://t.co/DGPC8DbnyM
๐Our team presented a key study at the ECEMP 2024 conference, titled โAssessments of Market Designs and Market Values in TradeRES Considering Actor Decisions.โ Explore market impacts and support policies.
Full study: https://t.co/5VT1lN7UBm
+ info: https://t.co/g4gyePpfeu
The TradeRES project held its final private plenary meeting in Porto, gathering partners and stakeholders from various countries to discuss progress and future directions.
๐ป Join our final webinar to explore these findings and insights in more detail: https://t.co/XNBQDVldeC
Two weeks ago, TradeRES presented our paper at the 23rd Wind & Solar Integration Workshop. We showed how lowering financing costs for wind projects reduces system costs and reliance on fuel imports.
#WindEnergy#TradeRES#H2020
๐ D5.4 is now available for free! The report on Pan-European Wholesale Electricity assesses market performance under various scenarios, focusing on price dynamics and renewable profitability.
๐ Access the document here: https://t.co/3wQyD6hN4q
#PanEuropean#Electricity
๐ The D6.3 in now available for download, it compiles edited materials from tutorials and webinars, supporting stakeholders in using project tools. It includes video guides, user manuals, and interactive resources.
๐ Access here: https://t.co/3wQyD6hfeS
#Energy#Tools
๐ Johannes Kochems, a #TradeRES participant, completed his PhD in economics last week at @TUBerlin. Thesis translation: "Demand Response Potentials for the German power sector. Micro-economic assessment of overall economic potential estimates" ๐ท+ info: https://t.co/CSn4xgDGea
Last month at the International Ruhr Energy Conference 2024 in Essen, we unveiled TradeRES's innovations, highlighting the need for lean electricity market models for nearly 100% renewable-based systems in Europe, with MIBEL results and a new negotiation mechanism."
#Renewable
๐ We had the privilege of attending the Loyola Autumn Research School by the Florence School of Regulation, where young energy system modelers were taught how to create an impact with their research.
The experience was truly inspiring and enriching!
๐Stay tuned!
#LARS#FSR
๐ 8th Hybrid Power Plants & Systems Workshop Paper 3/3
Read "Local Energy Communities: Enhancing Collective Investments and Profitability."
How integrating communities with MIBEL enhances renewables' value.
DOI: https://t.co/elNFTLAsg4
Previous: https://t.co/v8LpvbyHLC
#Energy
๐ 8th Hybrid Power Plants & Systems Workshop Paper 2/3
Check out "Energy Management in Energy Communities With Participation in MIBEL."
How forecasts boost profitability in hybrid wind-solar plants.
DOI: https://t.co/jZua1cNOsk
+info: https://t.co/6ozmcCTM8t
#Probabilistic
๐ 8th Hybrid Power Plants & Systems Workshop Paper 1/3
Explore our paper "An Optimized Probabilistic Forecasting Approach for Hybridized Wind Power Plants." It enhances the value of hybrid wind-solar plants.
DOI: https://t.co/nVUzQPhHJg
+info: https://t.co/6ozmcCTM8t
#Hybrid
๐ EEM24 Paper 5/5
Check "Market Designs, Actor Decisions and Market Values: Assessment of Remuneration Mechanisms" at EEM24. We assess cost recovery for vRES in Germany, showing varied recovery rates.
DOI: https://t.co/P4toPoRfVK
+info: https://t.co/6ozmcCUjY1
#Agent#Modeling
๐ EEM24 Paper 4/5
Read "Local Energy Markets: Structural Elements and the Effects of Upscaling" at EEM24. We review LEM structure and its impact on wholesale market prices and volume.
DOI: https://t.co/5mKW2PUlJ6
+info: https://t.co/6ozmcCUjY1
#TransactiveEnergy#PowerMarkets
๐ EEM24 Paper 3/5
Explore "Dynamic Procurement of Secondary Reserve Capacity in vRES Systems" at EEM24. Our method improves reserve usage by 13% and frees up 11% of resources.
DOI: https://t.co/J6bz9FjZoA
+info: https://t.co/6ozmcCTM8t
#Balancing#Markets#Dynamic#Forecast