Meeting the Modeling Needs of Future Energy Systems

Abstract

Structural changes in the energy sector have created considerable challenges for regulators, energy consumers, and suppliers. Energy researchers rely on quantitative modeling approaches to address these challenges. At the Karlsruhe Institute of Technology, we have developed several models to analyze today's and the future's energy markets to address the challenges for electricity networks as a result of intermittent renewable and decentralized power and heat supply and to find solutions for integrating demand response. This paper presents a survey of these approaches and discusses further challenges. The developed models have proved to be suitable for answering a range of research questions related to structural changes. As the energy sector remains in a constant state of flux, these models need to be further developed. This means coupling different energy sectors and markets and improving their technical accuracy as well as their spatial and temporal resolutions.