Pricing on the Future Spot Market for Electricity

An energy system model with hourly resolution examines the German electricity market in 2037. It identifies cost-effective investments in generation and storage, as well as their deployment. Different assumptions regarding demand, weather and technologies show how the capacity mix, system costs and electricity price distribution change.

Comparison of wind and solar energy, battery storage and controllable power stations using gas, hydrogen or CO₂ capture
Analysis of the contribution of demand flexibility to managing periods of low wind and low sunshine and to limiting price spikes
Under the model assumptions, controllable capacity significantly reduces system costs and extreme scarcity prices.
The results describe scenarios under idealised market conditions and serve to assess investment and price risks.