The growing number of electric vehicles (EVs) will challenge the power system, but EVs may also have balancing effects via smart charging. Modeling EVs’ system-level impact while respecting computational constraints requires the aggregation of individual profiles. We show that studies...

Forecasts are usually evaluated in terms of accuracy. With regard to application, the question arises if the most accurate forecast is also optimal in terms of forecast related costs and risks. Combining insights from research and practice, we show that this is indeed not necessarily the case....

To tackle climate change, residential heating must become climate-neutral. Which technology cost- efficiently achieves this goal is a complex question, given the heterogeneity of buildings and existing infrastructure, as well as uncertainty regarding future energy prices and grid fees. This...

To tackle climate change, residential heating must become climate-neutral. Which technology cost-efficiently achieves this goal is a complex question, given the heterogeneity of buildings and existing infrastructure, as well as the uncertainty regarding future energy prices and grid fees. This...

Regulatory reforms by the European Commission have facilitated the integration of the European gas market, increasing interdependence in prices and associated risks across gas hubs. Recent external shocks, including the COVID-19 pandemic and the Russian invasion of Ukraine, have disrupted market...

Electric mobility and renewable energy play key roles in the global energy transition. In this context, vehicle- to-grid technology, which enables bidirectional energy ŕow between electric vehicles and the grid, could make electric vehicles usable as energy storage units, thus supporting grid...