Title:
Future Market Share Estimation of Renewable Gas in Germany Using a System Dynamics Modelling Approach
Author(s):
Horschig, T., Thrän, D.
Document(s):
Paper
Slide presentation
Abstract:
We developed a dynamic market simulation model for renewable gas in Germany using a quantitative bottom-up modeling approach. Whereas the focus of the past decade was on modeling the transition of the power sector our modeling approach deals with renewable gas in the power, heat and fuel market. Renewable gas is going to play a major role for the upcoming flexibility demand in the power sector due to the increased installation of volatile renewables like wind and solar power in the progress of the energy transition. Our approach is highly innovative by having a dynamic modeling methodology that is able to reflect the actual dynamics in the real market encompassing the power, heat and fuel market. It is highly relevant because renewable gas with its applications in the power, heat and fuel markets will play a major role by meeting greenhouse gas reduction targets, its storability will help to balance fluctuating power from wind and solar power, the production fosters rural development and being a domestic energy source, it reduces import dependencies. The time horizon of the model is until 2035.
Keywords:
bioenergy, climate change, biomethane
Topic:
Biomass Policies, Markets and Sustainability
Subtopic:
Market implementation, investments & financing
Event:
25th European Biomass Conference and Exhibition
Session:
4BO.9.3
Pages:
1435 - 1438
ISBN:
978-88-89407-17-2
Paper DOI:
10.5071/25thEUBCE2017-4BO.9.3
Price:
FREE
