In this work, we study the profitability of energy storage operated in the Nordic, German, and UK electricity day-ahead markets during 2006-2016. We build a linear optimization model which maximizes profits from arbitraging hourly prices and use the model output of profits and storage cycles in...

Legislative requirements are motivating vehicle manufacturers to produce innovative electric vehicle (EV), hybrid electric vehicle (HEV) and plug-in hybrid electric vehicle (PHEV) concepts. End-of-Life (EOL) for the vehicle's battery is often taken to be the battery having 80% retained capacity....

The use of renewable energy sources is a major strategy to mitigate climate change. Yet Sinn (2017) argues that excessive electrical storage requirements limit the further expansion of variable wind and solar energy. We question, and alter, strong implicit assumptions of Sinn’s approach and...

Although electricity supply is still dominated by fossil fuels, it is expected that renewable sources will have a much larger contribution in the future due to the need to mitigate climate change. Therefore, this paper presents a new framework for developing Future Electricity Scenarios...

Using electricity for heating can contribute to decarbonization and provide flexibility to integrate variable renewable energy. We analyze the case of electric storage heaters in German 2030 scenarios with an open-source electricity sector model. We find that flexible electric heaters generally...

DIETER is an open-source power sector model designed to analyze future settings with very high shares of variable renewable energy sources. It minimizes overall system costs, including fixed and variable costs of various generation, flexibility and sector coupling options. Here we introduce...

In the context of 100% renewable electricity systems, prolonged periods with persistently scarce supply from wind and solar resources have received increasing academic and political attention. This article explores how such scarcity periods relate to energy storage requirements. To this end, we...

Green hydrogen can help to decarbonize parts of the transportation sector, but its power sector interactions are not well understood so far. It may contribute to integrating variable renewable energy sources if production is sufficiently flexible in time. Using an open-source co-optimization...

The growing concern about decarbonization of the energy production system led to the use of Renewable Energy Sources (RES). However, RES has the drawback of being inherently intermittent and lack controllability, placing limitations on their use. To avoid such limitations, the exploitation of a...