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2005. Three Pillars of Hourly Matching: A Tour From Model Land to Real World
Invited abstract in session WD-9: Hydrogen and Electricity Modeling and Regulation II, stream Energy Markets.
Wednesday, 14:30-16:00Room: 10 (building: 116)
Authors (first author is the speaker)
| 1. | Iegor Riepin
|
| Digital Transformation in Energy Systems, Technical University of Berlin | |
| 2. | Elisabeth Zeyen
|
| Digital Transformation in Energy Systems, Technical University of Berlin |
Abstract
Hourly matching—the concept of matching energy demand with clean electricity supply on an hourly basis—has gained immense attention. The concept got into the spotlight when regulations on how to certify hydrogen as “green” (and thus qualify for support schemes) sparked active debates among both the European Union and the United States’ policymakers, industry stakeholders, and research communities. Hydrogen regulation is not the only application of the concept. Through hourly Carbon-Free Energy matching (usually called 24/7 CFE), some public and private energy buyers have pledged to eliminate all greenhouse gas emissions associated with their electricity use. The concept of hourly matching is founded on three pillars: temporal alignment, geographical scope, and additionality of clean energy supply. Several research groups have recently developed energy system models to explore the designs and implications of temporal hydrogen regulation and voluntary 24/7 CFE commitments. The resulting studies and models behind these studies consider the three pillars of hourly matching. Our work discusses these core principles of hourly matching and their implementation in models. Using our own research papers and reports as examples, we take a critical look at which modeling choices we make and what their real-world implications are. Our talk aims to bridge the gap between the land of energy models and the real world using the narrow yet crucial lens of hourly matching.
Keywords
- Energy Policy and Planning
- Economic Modeling
- OR in Energy
Status: accepted
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