About the Thesis Work <ul><li>The Industry Decarbonisation team at Vattenfall R&amp;D is tasked with accelerating the transition from fossil fuels to electrified solutions through groundbreaking technology and partnerships. One example of a successful project is HYBRIT: a collaboration between Vattenfall, SSAB, and LKAB, which has enabled fossil-free steel production by replacing coal with fossil-free hydrogen.</li></ul>The path toward a sustainable energy system means that renewable energy sources, such as wind and solar power, are taking on an increasingly significant role in electricity production. However, a higher share of renewables also brings new challenges in balancing supply and demand with power generation that is dependent on weather. We are offering a thesis opportunity where your work will help us understand and shape a future energy system. We envision that you will map and evaluate the anticipated increase in renewable power production. By developing and utilizing an optimization model, you will investigate how storage capacity and load balancing can be integrated into different electricity price areas to enable a high share of renewables. Cost and system optimization are central elements of this thesis. The specific actions and focus areas may evolve as the thesis progresses.<ul><li>Create a comprehensive overview of anticipated share of renewable energy in the energy system by 2040 in a few different transition scenarios.</li><li>Develop an optimization model that manages different renewable production profiles and forecasts the need for storage and load balancing solutions per electricity price area.</li><li>Analyse what storage capacity is required per electricity price area to enable a higher share of renewable energy.</li><li>Implement a cost optimization function within the model.</li></ul>Goal/Purpose <ul><li>The purpose of the thesis is to analyse how storage and flexibility solutions can enable and facilitate the transition to more renewable power production in a few transition scenarios. Your goal is to model and create an understanding at the system level of how an energy system with a high share of renewables can deliver reliable electricity at a low cost.</li></ul>This assignment is for one student.

Vattenfall is a European energy company with approximately 20,000 employees. For more than 100 years we have electrified industries, supplied energy to people's homes and modernised our way of living through innovation and cooperation. We are working for fossil freedom.&nbsp;

Thesis Work - Analysis of energy storage solution for system-level impact

About the Thesis Work&nbsp;<ul><li>The Industry Decarbonisation team at Vattenfall R&amp;D is tasked with accelerating the transition from fossil fuels to electrified solutions through groundbreaking technology and partnerships. One example of a successful project is HYBRIT: a collaboration between Vattenfall, SSAB, and LKAB, which has enabled fossil-free steel production by replacing coal with fossil-free hydrogen.</li></ul>The path toward a sustainable energy system means that renewable energy sources, such as wind and solar power, are taking on an increasingly significant role in electricity production. However, a higher share of renewables also brings new challenges in balancing supply and demand with power generation that is dependent on weather. We are offering a thesis opportunity where your work will help us understand and shape a future energy system. We envision that you will map and evaluate the anticipated increase in renewable power production. By developing and utilizing an optimization model, you will investigate how storage capacity and load balancing can be integrated into different electricity price areas to enable a high share of renewables. Cost and system optimization are central elements of this thesis. The specific actions and focus areas may evolve as the thesis progresses.<ul><li>Create a comprehensive overview of anticipated share of renewable energy in the energy system by 2040 in a few different transition scenarios.</li><li>Develop an optimization model that manages different renewable production profiles and forecasts the need for storage and load balancing solutions per electricity price area.</li><li>Analyse what storage capacity is required per electricity price area to enable a higher share of renewable energy.</li><li>Implement a cost optimization function within the model.</li></ul>Goal/Purpose&nbsp;<ul><li>The purpose of the thesis is to analyse how storage and flexibility solutions can enable and facilitate the transition to more renewable power production in a few transition scenarios. Your goal is to model and create an understanding at the system level of how an energy system with a high share of renewables can deliver reliable electricity at a low cost.</li></ul>This assignment is for one student.

Thesis Work - Analysis of energy storage solution for system-level impact

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