Techno-economic analyses of energy systems and technologies
Techno-economic analyses of energy systems and technologies
The ongoing energy transition presents various opportunities for multiple stakeholders – the public, companies, energy utilities, government institutions and policymakers – to invest in and use renewable energy sources as well as new technologies like electric vehicles to participate in the energy transition and contribute to decarbonisation. Along the way, questions on economic and technical feasibility arise, such as the profitability of these technologies within specific contexts (for example, an energy community in London) and the ability to assist the management and operation of existing energy networks.
In this research, we build techno-economic models of energy systems and technologies, and analyse their performance to provide concrete recommendations to multiple stakeholders simultaneously. This helps ensure profitability for individual investors, ensures the achievement of energy objectives in neighborhoods and cities, and secures the operation of existing energy networks in a changing energy landscape.