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Title:

A parametric approach for the valuation of power plant flexibility options

Document type:
Zeitschriftenaufsatz
Author(s):
Hentschel, J.; Babić, U.; Spliethoff, H.
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:
2
Month:
Nov
Pages contribution:
40-47
Covered by:
Scopus
Fulltext / DOI:
doi:10.1016/j.egyr.2016.03.002
Publisher:
Elsevier BV
Print-ISSN:
2352-4847
Submitted:
20.11.2015
Accepted:
07.03.2016
Date of publication:
01.11.2016
TUM Institution:
Lehrstuhl für Energiesysteme
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