Future design challenges for electric energy supply
Holger Hermanns, Holger Wiechmann · 2009
The European electricity market is rapidly evolving towards a decentralized structure, not only because of climatical and political circumstances. The increase of production based on renewable energy implies drastically higher fluctuations in available electricity. This paper introduces the stochastic energy balancing problem, which is a result of these current trends. We sketch IT-supported strategies to counteract this problem, and derive principal considerations for modelling and analysis techniques to assist in the solution of this problem.