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Document type:
Zeitschriftenaufsatz 
Author(s):
Hentschel, J.; Babić, U.; Spliethoff, H. 
Title:
A parametric approach for the valuation of power plant flexibility options 
Abstract:
Conventional generation units encounter a changing role in modern societies’ energy supply. With increased need for flexible operation, engineers and project managers have to evaluate the benefits of technical improvements. For this purpose, a valuation tool has been developed, comparing economical cornerstones and technical constraints of generation units to European Energy Exchange prices for PHELIX 2014. It enables the user to relate a change in technical parameters to an economic effect and...    »
 
Keywords:
Power plant flexibility; Valuation tool; Power plant costs; Flexibility options 
Journal title:
Energy Reports 
Year:
2016 
Journal volume:
Month:
Nov 
Pages contribution:
40-47 
Covered by:
Scopus 
Publisher:
Elsevier BV 
Print-ISSN:
2352-4847 
Accepted:
07.03.2016 
Date of publication:
01.11.2016 
TUM Institution:
Lehrstuhl für Energiesysteme