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Integrated methodology to assess the energy flexibility potential in the process industry

Erika Pierri, Christine Schulze, Christoph Herrmann, Sebastian Thiede

2020Procedia CIRP21 citationsDOIOpen Access PDF

Abstract

In the last decade, renewable energy supply has gained increasing interest, as it can contribute to the diversification of the energy mix. Energy flexibility offers consumers the opportunity to benefit from fluctuating energy prices, connected to the volatility of wind and solar power. This paper aims at mapping flexibility strategies and their requirements in the process industry environment. The conception of flexibility measures requires a characterization of energy flows, in order to identify hotspots and estimate the flexibility potential. An integrated methodology has been developed with the purpose of supporting investment decisions for a case-study in the paper production sector in Germany.

Topics & Concepts

Flexibility (engineering)Renewable energyDiversification (marketing strategy)Wind powerEnvironmental economicsVolatility (finance)Industrial organizationProcess (computing)EngineeringBusinessRisk analysis (engineering)EconomicsComputer scienceMarketingOperating systemFinanceElectrical engineeringManagementEnergy Efficiency and ManagementIntegrated Energy Systems OptimizationProcess Optimization and Integration