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

(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 OUT T C1 T C2 Cold circuit Heat sink

Levelised cost of electricity 20 °C sink Vendor 3 75.0% Vendor 2 Vendor 1 Annual heat usage Most pessimistic for Vendor 1: 69 €/ MWh Vendor 3 80 °C 91.7% Vendor 2 120 °C Vendor 1 Vendor 3 99.5% Vendor 2 Vendor 1 10 100 1000 Levelized cost of electricity, LCOE (€/MWh)

Sensitivity analysis 80/15 °C kW / % 0 1 2 3 4 5 6 7 8 9 10 120% Installation cost [%] LCOE relative change from baseline 100% Annual usage [%] 80% Discount rate [% (top)] Pump power [kW (top)] 60% Baseline 80/15 °C 40% 20% 0% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% -20% -40%

Applications Heat� source� Hot� circuit� T H1� T H2� 2 nd gen. 3 rd gen. E OUT� 4 th (next)gen. T C1� T C2� Cold� circuit� Heat� sink� (Lund et al., 2014; Østergaard and Svendsen, 2017)

Thermal grids future

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