When most electricity is generated from wind and sun, electricity markets will be highly volatile and decentralized. To make sure that households and firms then still have a reliable and consistent supply of electricity, innovations in business and economics are a prerequisite. We are a group of researchers working together to make these innovations possible.
To match the volatility of energy supply through wind and sun, energy demand needs to become more flexible. Innovative energy tariffs complemented by non-monetary incentives will be required to make this possible.
The new uncertainties in volatile and distributed energy markets require innovations in modeling risk. Supply risk, political risk, and supply risk need to be incoporated in investment, production, and supply chain decisions.
Future electricity markets require new mechanisms balancing two developments. More market-based allocation is needed due to the growing number of actors. Regulation is increasing due to environmental concerns.
To match the volatility of energy supply through wind and sun, energy demand needs to become more flexible. Innovative energy tariffs complemented by non-monetary incentives will be required to make this possible.
The new uncertainties in volatile and distributed energy markets require innovations in modeling risk. Supply risk, political risk, and supply risk need to be incoporated in investment, production, and supply chain decisions.
Future electricity markets require new mechanisms balancing two developments. More market-based allocation is needed due to the growing number of actors. Regulation is increasing due to environmental concerns.
Energy is an essential factor in everyday life. The transition to a decarbonized electricity system based on renewable energy sources, above all wind and photovoltaic, is at the top of political agendas worldwide. This transition comes along with far-reaching structural changes: Electricity generation will be much more decentralized and distributed across a large number of partly very small (co-)producers with different – partly unknown – decision calculi. Furthermore, electricity generation will be much more volatile, depending strongly on weather conditions that can change rapidly and are difficult to anticipate.
At the same time, economic rationales and instruments used in electricity markets are seriously flawed. Consumers’ electricity prices, mainly dominated by taxes and levies, fail in signaling scarcity for many stakeholders and the interventions of transmission system operators into the dispatch of power plants are a daily occurrence. Coping with these structural changes and the misleading economic incentives of today’s energy systems will become the real challenge of the energy transition. To master this challenge, fundamental research is needed not only in the fields of natural and engineering sciences but also, and above all, in business and economics.
Karl-Martin Ehrhart
KIT-ECON
Kathrine von Graevenitz
ZEW
Stefan Reichelstein
UMA
Wolf Fichtner
KIT-IIP
Vitali Gretschko
ZEW
Project Leader
Gunter Glenk
UMA
Philipp Staudt
KIT-IISM
Rüdiger Kiesel
UDE-LEF
Martin Klarmann
KIT-IISM
Stefan Nickel
KIT-IOR
Project Leader
Steffen Rebennack
KIT-IOR
Nora Szech
KIT-ECON
Petra Nieken
KIT-IBU
Marliese Uhrig-Homburg
KIT-FBV
Project Leader
Christoph Weber
UDE-EWL
Sebastian Rausch
ZWE
Marc Wouters
KIT-IBU
Christof Weinhardt
KIT-IISM
Project Leader
27.07.2017
Prof. Dr. Marc-Oliver Bettzüge, Universität Köln
28.11.2017, 15:30 Audimax
Felix Kottek, KIT
Creating a website for a big sience project with many highly regarded and sophisticated professors
18.05.2017
Prof. Dr. Jenny Palm, Linköping University
08.06.2017
Dr. Elisabeth Dütschke, Frauenhofer ISI
15.06.2017
Prof. Dr. Christof Wittwer, Fraunhofer ISE
06.07.2017
Prof. Dr. Dr. Martin Mende, Florida State University
18.05.2017
Prof. Dr. Jenny Palm
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Linköping University
The Meanings of Local Practices
for Energy Efficiency in Companies
08.06.2017
Dr. Elisabeth Dütschke
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Frauenhofer ISI
Die soziale Akzeptanz eines
nachhaltigen Energiesystems
– aktuelle Forschungsergebnisse
15.06.2017
Prof. Dr. Christof Wittwer
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Fraunhofer ISE
Aggregation von dezentralen
Flexibilitäten für den Energiemarkt
Events
08.06.2017
Dr. Elisabeth Dütschke
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Frauenhofer ISI
Die soziale Akzeptanz eines
nachhaltigen Energiesystems
– aktuelle Forschungsergebnisse
15.06.2017
Prof. Dr. Christof Wittwer
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Fraunhofer ISE
Aggregation von dezentralen
Flexibilitäten für den Energiemarkt
06.07.2017
Prof. Dr. Dr. Martin Mende
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Florida State University
The New Energy Customer –
What Can We Learn from
Coproduction Research?
Events
15.06.2017
Prof. Dr. Christof Wittwer
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Fraunhofer ISE
Aggregation von dezentralen
Flexibilitäten für den Energiemarkt
06.07.2017
Prof. Dr. Dr. Martin Mende
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Florida State University
The New Energy Customer –
What Can We Learn from
Coproduction Research?
13.07.2017
Prof. Dr. Rüdiger Kiesel
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Universität Duisburg-Essen
Modelling Day-Ahead and
Intraday Electricity Markets
Events
06.07.2017
Prof. Dr. Dr. Martin Mende
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Florida State University
The New Energy Customer –
What Can We Learn from
Coproduction Research?
13.07.2017
Prof. Dr. Rüdiger Kiesel
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Universität Duisburg-Essen
Modelling Day-Ahead and
Intraday Electricity Markets
27.07.2017
Prof. Dr. Marc-Oliver Bettzüge
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Universität Köln
Ökonomische und
ordnungspolitische
Herausforderungen für die
deutsche Energiepolitik
Events
28.03.2018
Prof. Ph.D. Jonn Axsen
Building 20.21, R217
Time: 18.00 – 19.30
Simon Fraser University
Making electric mobility happen:
Reflexive insights from interviews,
surveys and models
13.07.2017
Prof. Dr. Rüdiger Kiesel
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Universität Duisburg-Essen
Modelling Day-Ahead and
Intraday Electricity Markets
27.07.2017
Prof. Dr. Marc-Oliver Bettzüge
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Universität Köln
Ökonomische und
ordnungspolitische
Herausforderungen für die
deutsche Energiepolitik
Events
28.03.2018
Prof. Ph.D. Jonn Axsen
Building 20.21, R217
Time: 18.00 – 19.30
Simon Fraser University
Making electric mobility happen:
Reflexive insights from interviews,
surveys and models
18.04.2018
Prof. Dr. Frank Trentmann
Building 20.21(SCC), R217
Time: 18.00 – 19.30
Birkbeck, University of London
Putting use and users back in:
Historical insights into the
evolution of energy and demand
in the twentieth century
27.07.2017
Prof. Dr. Marc-Oliver Bettzüge
Building 20.30, SR 0.014
Time: 18.00 – 19.30
Universität Köln
Ökonomische und
ordnungspolitische
Herausforderungen für die
deutsche Energiepolitik
Events
28.03.2018
Prof. Ph.D. Jonn Axsen
Building 20.21, R217
Time: 18.00 – 19.30
Simon Fraser University
Making electric mobility happen:
Reflexive insights from interviews,
surveys and models
18.04.2018
Prof. Dr. Frank Trentmann
Building 20.21(SCC), R217
Time: 18.00 – 19.30
Birkbeck, University of London
Putting use and users back in:
Historical insights into the
evolution of energy and demand
in the twentieth century
09.05.2018
Prof. Dr. Christoph Weber
Building 20.21(SCC), R217
Time: 17.30 – 19.30
University of Duisburg-Essen
Optimale Investitions- und
Betriebsentscheidungen für
Energiespeicher bei hohen Anteilen
eneuerbarer Energien
Events
14.05.2018
Dr. Matthew Lockwood
Building 20.40, Jordan Hörsaal
Time: 18.00 – 19.30
University of Exeter
Innovation and governance in
the British energy transition
18.04.2018
Prof. Dr. Frank Trentmann
Building 20.21(SCC), R217
Time: 18.00 – 19.30
Birkbeck, University of London
Putting use and users back in:
Historical insights into the
evolution of energy and demand
in the twentieth century
09.05.2018
Prof. Dr. Christoph Weber
Building 20.21(SCC), R217
Time: 17.30 – 19.30
University of Duisburg-Essen
Optimale Investitions- und
Betriebsentscheidungen für
Energiespeicher bei hohen Anteilen
eneuerbarer Energien
Events
14.05.2018
Dr. Matthew Lockwood
Building 20.40, Jordan Hörsaal
Time: 18.00 – 19.30
University of Exeter
Innovation and governance in
the British energy transition
06.06.2018
Prof. Dr. Felix Müsgens
Building 20.21(SCC), R217
Time: 16.30 – 18:00
Brandenburg University of Technology Cottbus-
Senftenberg
How to estimate wind-turbine
infeed with incomplete stock data:
A general framework with an
application to turbinespecific
market values in Germany
09.05.2018
Prof. Dr. Christoph Weber
Building 20.21(SCC), R217
Time: 17.30 – 19.30
University of Duisburg-Essen
Optimale Investitions- und
Betriebsentscheidungen für
Energiespeicher bei hohen Anteilen
eneuerbarer Energien
Events
14.05.2018
Dr. Matthew Lockwood
Building 20.40, Jordan Hörsaal
Time: 18.00 – 19.30
University of Exeter
Innovation and governance in
the British energy transition
06.06.2018
Prof. Dr. Felix Müsgens
Building 20.21(SCC), R217
Time: 16.30 – 18:00
Brandenburg University of Technology Cottbus-
Senftenberg
How to estimate wind-turbine
infeed with incomplete stock data:
A general framework with an
application to turbinespecific
market values in Germany
15.06.2018
Prof. Dr. Srinivasan Keshav
Building 20.21(SCC), R217
Time: 15.00 – 16.30
University of Waterloo
Solar + Storage + LED + IoT
=$30 Trillion about technological
interuptions in energy systems
Events
06.06.2018
Prof. Dr. Felix Müsgens
Building 20.21(SCC), R217
Time: 16.30 – 18:00
Brandenburg University of Technology Cottbus-
Senftenberg
How to estimate wind-turbine
infeed with incomplete stock data:
A general framework with an
application to turbinespecific
market values in Germany
15.06.2018
Prof. Dr. Srinivasan Keshav
Building 20.21(SCC), R217
Time: 15.00 – 16.30
University of Waterloo
Solar + Storage + LED + IoT
=$30 Trillion about technological
interuptions in energy systems
28.08.2018
Prof. Dr. Shmuel Oren
House of Living Labs, Haid-und-Neu-Straße 5a,
Room Hollywood
Time: 14.00 – 15.30
(Event is part of the GRK energystatusdata)
University of California at Berkeley
Mobilizing Grid Flexibility for
Renewables Integration through
Topology Control and Dynamic
Thermal Ratings
Events
15.06.2018
Prof. Dr. Srinivasan Keshav
Building 20.21(SCC), R217
Time: 15.00 – 16.30
University of Waterloo
Solar + Storage + LED + IoT
=$30 Trillion about technological
interuptions in energy systems
Events
28.08.2018
Prof. Dr. Shmuel Oren
House of Living Labs, Haid-und-Neu-Straße 5a,
Room Hollywood
Time: 14.00 – 15.30
(Event is part of the GRK energystatusdata)
University of California at Berkeley
Mobilizing Grid Flexibility for
Renewable Integration through
Topology Control and Dynamic
Thermal Ratings
10.10.2019
Prof. Dr. Tooraj Jamasb
Building 06.33 (Westhochschule), R103
Time: 13.00 – 14.30
Copenhagen Business School
Energy Systems Integration –
Economics of „Network of Networks“
21.04.2021
Expert Workshop with Gunther Glenk,
Russel McKenna and Shmuel Oren
Events
Find a list of our publications