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Investment planning in multi-vector energy systems: definition of key performance indicators

Authors: Martha M. Hoffmann; Sanket Puranik; Marc Juanpera; José M. Martín-Rapún; Heidi Tuiskula; Philipp Blechinger;

Investment planning in multi-vector energy systems: definition of key performance indicators

Abstract

With rising focus on integrating high shares of renewable energy into energy supply systems, the need to meet the viability of theses renewable sources becomes pressing. Apart from storing electricity in electro-chemical storage units, the concept of sector coupling could promise to provide the needed flexibility and storage capacities. A strong metric is needed to determine the viability and economic feasibility of different sector-coupled energy systems. This conference paper presents an empirical method to develop a list of key performance indicators (KPI), as a direct adaption of the KPI of energy system with a single energy vector is not always possible. The list was developed based on a stakeholder workshop within the H2020 research project E-Land. We propose the introduction of three new indicators for the evaluation of sector-coupled energy systems, namely degree of autonomy, levelized cost of energy and degree of sector coupling. A sector-coupled case study is evaluated to validate the performance of such new indicators while proving their utility to better assist decision-making.

Country
Spain
Keywords

:Energies [Àrees temàtiques de la UPC], Levelized cost of energy, Storage capacity, Àrees temàtiques de la UPC::Economia i organització d'empreses, Pressung, Renewable energy sources, Key performance indicators, Àrees temàtiques de la UPC::Energies, :Economia i organització d'empreses [Àrees temàtiques de la UPC], Energy system simulation, Benchmarking (Management), Investments, Energy systems, Renewable energies, Sector-coupled energy systems, Electrochemical storage, Energies renovables -- Aspectes econòmics, Power system planning, Benchmarking, Storage units, Referenciació (Economia), Power system economics, Investment planning, Sector coupling, Renewable sources, Energies renovables, Decision making, Energy supply system

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citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
views
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