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The German RES-E Targets and their Long- run Impact on the Power System. Marco Nicolosi 34. IAEE International Conference Stockholm, June 21th, 2011. Agenda. Motivation and research question Methodology Results for different system components Conclusion.
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The German RES-E Targets andtheir Long-run Impact on the Power System Marco Nicolosi 34. IAEE International Conference Stockholm, June 21th, 2011
Agenda • Motivation and research question • Methodology • Results for different system components • Conclusion
Motivation IRES-E development in Germany Source: BMU, 2010.
Motivation IIOne week in Germany Source: own illustration, data provided by EEX and EPEX Spot.
Variable costs Methodology IIIInput assumptions Considered regions German RES-E targets Source: NREAP 2010, IEA, 2010, EWI, 2010 and BMU 2010.
Absolute RES-E wholesale market value and power price development
Conclusion • More peak load capacity • Decreasing utilization of generation capacity • Higher price volatility • Flexibility becomes more valuable • Storage • Interconnectors • Peak capacity
Thank you for your attention !! Further questions? Please contact Marco Nicolosi m.nicolosi@ecofys.com