Electricity price volatility [EUR/MWh] 140 2015 2030 120 - - PowerPoint PPT Presentation

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Feb 04, 2023 11 likes •116 views

(IEA, 2016) Electricity price volatility [EUR/MWh] 140 2015 2030 120 Standard deviation 100 80 60 40 20 0 Finland Germany Poland France (NEPP, 2016) Thermal grids future Organic Rankine cycle Heat source Hot circuit T H1 T H2 E

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20 40 60 80 100 120 140

Finland Germany Poland France Standard deviation Electricity price volatility [EUR/MWh] 2015 2030

(NEPP, 2016) (IEA, 2016)

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Thermal grids future

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Organic Rankine cycle

Heat source

Hot circuit

TH1 TH2 Heat sink

Cold circuit

TC1 TC2 EOUT

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10 100 1000 Vendor 1 Vendor 2 Vendor 3 Vendor 1 Vendor 2 Vendor 3 Vendor 1 Vendor 2 Vendor 3 99.5% 91.7% 75.0%

Levelized cost of electricity, LCOE (€/MWh) Annual heat usage

80 °C 120 °C

Levelised cost of electricity 20 °C sink

Most pessimistic for Vendor 1: 69 €/MWh

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1 2 3 4 5 6 7 8 9 10

0% 20% 40% 60% 80% 100% 120% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

kW / % LCOE relative change from baseline

Installation cost [%] Annual usage [%] Discount rate [% (top)] Pump power [kW (top)] Baseline 80/15 °C

Sensitivity analysis 80/15 °C

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Applications

2nd gen. 3rd gen. 4th (next)gen.

(Lund et al., 2014; Østergaard and Svendsen, 2017)

Heat source

Hot circuit

TH1 TH2 Heat sink

Cold circuit

TC1 TC2 EOUT

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Thermal grids future

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Thank-you!

Jay Hennessy – Ph.D. student RISE Research Institutes of Sweden

Built Environment Energy and circular economy Jay.Hennessy@ri.se +46 73 810 6005