Company / Unit
Vattenfall Research and Development (R&D) contributes to the development of tomorrow's energy system. R&D mission is to provide the best options and innovations for sustainable business at Vattenfall.
The Master Thesis is part of the R&D portfolio Customer Products & Solutions which selectively develop Smart Energy Solutions such as new products and services to end customers.
Thesis subject / Assignment
The energy sector is in the middle of a paradigm shift, going from centralized large scale production to larger volumes of decentralized production, increasing shares of intermittent production and in the longer term 100% renewables. One of actors that are affected by this shift is the Balance Responsible Party (BRP). The BRP is responsible for the financial balance between generation and consumption on the electricity markets. Energy injection from larger Renewable energy from e.g. wind and solar, is challenging to forecast, and, thus, leads to higher imbalance costs for the BRP.
Demand Response (DR) is a promising solution for managing imbalances of electricity market actors. It involves end-users that are flexible in their consumption based on price incentives. DR exists with very large units (10 MW) and current research address much smaller units in collaboration, i.e. aggregating flexibilities in larger number of buildings. In this context, the thermal inertia of larger buildings with heat pumps may provide a significant DR potential in the years to come.
The scope of the thesis is to perform case studies on the technical and economic potential for BRPs to use the flexibility from larger heat pumps (larger than heat pumps for single family houses) on the electricity market. The focus is on the potential of flexibility on day-ahead (DA), intra-day (ID) and regulating markets for electricity. However, the thesis should also investigate if such potential could be combined with other benefits, e.g. lower grid-fees resulting from flexible use of electricity. As a background analysis for the case studies, shorter outlooks towards future regulating and day-ahead prices, as well as developments on the heat pump market should be performed.
The thesis is performed as part of a larger research project financed by the Swedish Energy Agency, including the partners Vattenfall (vattenfall.com), NODA (noda.se), Research Institutes of Sweden (ri.se), and NIBE (nibe.se).
We believe that this assignment should involve two dedicated persons that complement each other well. Areas of interest/education are energy system scenarios and modelling, including basic programming (e.g. MATLAB). In addition, economical and market skills are desired.
Scope - 30hp
The thesis work will start in January 2018 according to the student schedule and is to be conducted on site at Vattenfall office in Solna, Sweden, presumably in collaboration with the Royal Institute of Technology (KTH).
We welcome your application in English, including resume, cover letter and list of your grades via the application button at this page. Please enclose a description of maximum 300 words on how you would approach the task and the methodology you find suitable.
Last day to apply is November 19th 2017. The recruitment process will be finalized before Christmas.
Supervisors at Vattenfall:
Magnus Berg, firstname.lastname@example.org, 070 - 633 94 44
Mats Hagelberg, email@example.com, 070 - 663 81 43
Nader Padban, firstname.lastname@example.org, 076 - 769 74 41