Determining optimal component configurations for flexible biogas plants based on power prices of 2020–2022 and the legislation framework in Germany

The aim of this study is to find optimal component configurations for flexible biogas plants considering electricity prices in Germany, for maximum annuities considering costs and revenues. Cases for solely power-price driven operation and cogeneration-led operation were investigated for electricity prices in 2020, 2021, and 2022 in hourly resolution. Additional revenue from flexible operation increases as price volatility increased from 2020 to 2022. Interestingly, the choice of capacity for the combined heat and power unit (CHPU) is determined by the expected service life of the CHPU. Irrespective of electricity market signals, power quotients (PQ) of at least PQ = 4 avoid reinvestment for the CHPU within 20 years. Another result is that the the optimality region for CHPU capacity flattens for 2022 and shift to capacities above PQ = 4. Thus, high price volatility will allow plant operators to amortise even larger CHPUs, which could stimulate the installation of peak load by flexible biogas plants. Considering the day-ahead market can provide clear recommendations for optimal component configurations. The presented Smart-Force-Optimisation (SFO) combines a prefiltering of schedules matching given constraints and a brute force optimisation to the filtered subset. Thus, SFO has an improved performance comparing to bare brute force approaches.

Authors

Publication Details

Journal
Renewable Energy
Published
2024-09-17
DOI
https://doi.org/10.1016/j.renene.2024.121252
Citations
3
Primary Topic
Integrated Energy Systems Optimization
Type
article
Field-Weighted Citation Impact
0.63
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article

Determining optimal component configurations for flexible biogas plants based on power prices of 2020–2022 and the legislation framework in Germany

Martin Dotzauer
3 citations
Renewable Energy
Integrated Energy Systems Optimization
0.63
article

Determining optimal component configurations for flexible biogas plants based on power prices of 2020–2022 and the legislation framework in Germany

Martin Dotzauer
article en
3 citations

Abstract

The aim of this study is to find optimal component configurations for flexible biogas plants considering electricity prices in Germany, for maximum annuities considering costs and revenues. Cases for solely power-price driven operation and cogeneration-led operation were investigated for electricity prices in 2020, 2021, and 2022 in hourly resolution. Additional revenue from flexible operation increases as price volatility increased from 2020 to 2022. Interestingly, the choice of capacity for the combined heat and power unit (CHPU) is determined by the expected service life of the CHPU. Irrespective of electricity market signals, power quotients (PQ) of at least PQ = 4 avoid reinvestment for the CHPU within 20 years. Another result is that the the optimality region for CHPU capacity flattens for 2022 and shift to capacities above PQ = 4. Thus, high price volatility will allow plant operators to amortise even larger CHPUs, which could stimulate the installation of peak load by flexible biogas plants. Considering the day-ahead market can provide clear recommendations for optimal component configurations. The presented Smart-Force-Optimisation (SFO) combines a prefiltering of schedules matching given constraints and a brute force optimisation to the filtered subset. Thus, SFO has an improved performance comparing to bare brute force approaches.

Renewable EnergyVol. 236
Affordable and clean energy
Openalex Percentile: Top 31%
Integrated Energy Systems Optimization
0.63
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