Energiewirtschaftliches Institut an der Universität zu Köln gGmbH

VISE: Development of digital business cases for decentral energy supply – (regional) virtual power plants

VISE: Development of digital business cases for decentral energy supply – (regional) virtual power plants

The volatile production of renewable energies leads to a higher need of flexibility to synchronise power supply and demand. Hereby, virtual power plants have a central role as a possible option to provide flexibility. The goal of this project – which is a sub-project of the Virtual Institute Smart Energy (Virtuelles Institut Smart Energy – VISE) – is to identify and analyze new digital business cases for virtual power plants in the context of an increasingly decentralised energy supply.

Hereby, ewi ER&S examines the drivers of the need for flexibility in the power system as well as possible pathes of development for economic and regulatory frame conditions. The goal is to forecast the development of the need for flexibility in the power system of the future and to develop revenue-maximizing bidding strategies for various configurations of virtual power plants.