System analysis
Among all market participants, the dynamically changing regulatory conditions and uncertainties regarding the future development of the energy system are leading to an increasing demand for comprehensive system analyses. We support our clients in analyzing even complex interactions within the energy system by simulating events in energy markets and grids, considering mutual influencing factors such as congestion management, network expansion, and the development of renewable energy sources. Project example: Long-term scenarios. Network expansion and development of renewables Project example: Long-term scenarios
Example 1 Example 2
Market design
Decent market design aims to create market rules that incentivize participants to unlock decentralizd knowledge and behave in ways that efficiently achieve overarching goals. This is particularly important in energy markets where political influence is high and grids are natural monopolies. We support market participants, policy makers, and regulatory authorities in evaluating and optimizing market rules for all segments of the energy market, from capacity markets to coupled electricity markets to balancing and accounting of energy.
Example 1 Example 2
Regulation
The regulation of the energy sector requires all stakeholders to have a thorough understanding of the respective objectives and assessment methods as well as the relevant processes and organizations. We support NRAs as well as regulated companies and their industry associations in development and critical discussion of regulatory principles and the models and techniques used to implement them, in analysis of fundamental issues as well as in specific cases.
Example 1 Example 2
Asset Management
Well-informed decisions concerning the management of network assets require a comprehensive understanding of how measures and options affect network costs and quality of supply. We develop and apply models that allow for the simulation and systematic investigation of cause-and-effect relations. On this basis we support network operators in asset management for the electricity, gas, water, and district heating sectors, including the analysis of network supply quality (e.g., reliability), in preparing decisions on network design, or in making specific individual decisions.
Example 1 Example 2
Network expansion planning
The energy transition requires significant expansion and restructuring of transmission and distribution networks. We support network operators in this process by, among others, deriving spatially detailed scenarios for network requirements in all sectors, developing practical planning and operational principles, and designing and evaluating target network variants. In doing so, we consider various conditions such as the potential for using flexibility, current technological developments, municipal heat planning requirements, and the availability of technical and human resources.
Example 1 Example 2
Security of Supply
Guaranteeing security of supply is becoming an increasingly difficult and multi-faceted task due to the constraints of a highly politically influenced and rapidly changing energy system. We support decision-makers by providing analyses and studies on the status quo and expected development of security of supply. We advise on guidelines and processes which allow an optimal coordination of all market players and ensure the economically efficient level of security of supply. Project example: monitoring of security of supply
Example 1 Example 2
System analysis
Among all market participants, the dynamically changing regulatory conditions and uncertainties regarding the future development of the energy system are leading to an increasing demand for comprehensive system analyses. We support our clients in analyzing even complex interactions within the energy system by simulating events in energy markets and grids, considering mutual influencing factors such as congestion management, network expansion, and the development of renewable energy sources. Project example: Long-term scenarios. Network expansion and development of renewables Project example: Long-term scenarios
Market design
Decent market design aims to create market rules that incentivize participants to unlock decentralizd knowledge and behave in ways that efficiently achieve overarching goals. This is particularly important in energy markets where political influence is high and grids are natural monopolies. We support market participants, policy makers, and regulatory authorities in evaluating and optimizing market rules for all segments of the energy market, from capacity markets to coupled electricity markets to balancing and accounting of energy.
Regulation
The regulation of the energy sector requires all stakeholders to have a thorough understanding of the respective objectives and assessment methods as well as the relevant processes and organizations. We support NRAs as well as regulated companies and their industry associations in development and critical discussion of regulatory principles and the models and techniques used to implement them, in analysis of fundamental issues as well as in specific cases.
Asset Management
Well-informed decisions concerning the management of network assets require a comprehensive understanding of how measures and options affect network costs and quality of supply. We develop and apply models that allow for the simulation and systematic investigation of cause-and-effect relations. On this basis we support network operators in asset management for the electricity, gas, water, and district heating sectors, including the analysis of network supply quality (e.g., reliability), in preparing decisions on network design, or in making specific individual decisions.
Network expansion planning
The energy transition requires significant expansion and restructuring of transmission and distribution networks. We support network operators in this process by, among others, deriving spatially detailed scenarios for network requirements in all sectors, developing practical planning and operational principles, and designing and evaluating target network variants. In doing so, we consider various conditions such as the potential for using flexibility, current technological developments, municipal heat planning requirements, and the availability of technical and human resources.
Security of Supply
Guaranteeing security of supply is becoming an increasingly difficult and multi-faceted task due to the constraints of a highly politically influenced and rapidly changing energy system. We support decision-makers by providing analyses and studies on the status quo and expected development of security of supply. We advise on guidelines and processes which allow an optimal coordination of all market players and ensure the economically efficient level of security of supply. Project example: monitoring of security of supply
Foto am 22. März 2024 in Aachen
Outstanding Modeling Expertise
Insights based on quantitative modeling are a cornerstone of our approach.
In addition to industry-standard software, we rely on a proprietary suite of interconnected energy system models that we have developed and continue to maintain and expand, covering demand, supply, transmission and distribution sectors.
Our modeling capabilities include, among others:
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European generation investment and dispatch simulation
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Resource adequacy assessments
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Reliability analysis of distribution networks
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Quasi-stationary grid calculations (load flow/short circuit/contingency simulation) for the European transmission network (proprietary network model) and distribution networks
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market-grid-interaction with flow-based determination of transmission capacities and remedial action simulation
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Network expansion planning for transmission and distribution networks, including scenario development for supply and transport requirements
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reference network analyses for gas and electricity networks
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Models for analysing network management strategies (asset simulation)
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Models for network tariff calculation
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location-based time series for renewable energy generation and demand based on historical weather data
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Control reserve dimensioning
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Application of econometric models (among others, data envelopment analysis and parametric methods) for regulatory benchmarking of network operators
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Simulation of bidding strategies for auctions in the power sector