Post by Julian Pamperin

Very pleased to have shared my approach for dimensioning production equipment for demand-side flexibility to participate in electricity markets at #ESCAPE36 in Sheffield. It was highly rewarding to see the interest. Fundamentally rooted in scheduling optimization, the approach considers system dynamics first, validating them against years of historical day-ahead electricity market data. This resulted in informed, generic criteria based on production and hold-up capacity, saving costs on the electricity bill. More information on the work: https://lnkd.in/dxifXtma This work was supported by the German Federal Ministry of Research, Technology and Space and the project management organization Jülich within the framework of the eModule research project (FKZ 03HY116A) of the H2Giga lead platform. The work would not have been possible without the great supervision of Hannes Lange and the Process-to-Order Lab. #Sheffield #DemandSideFlexibility #ElectricityMarkets #H2Giga #Electrolysis #Hydrogen #RecedingHorizon #ModelPredictiveControl