Strategic scenario development for energy networks
AIT provides assessment of technically and economically feasible potentials for long-term RES, E-Mobility, waste heat and further developments. Further services include asset management, retrofitting strategies based on holistic cross-domain system analysis, enhanced data analyses for improved infrastructure planning and system diagnostics/fault detection. Our methodologies offer decision support for infrastructure investments and transformation strategies (e.g. scenario development, evaluation, economic evaluation and risk assessment) ensuring profitability of the system, considering new business models.
Energy System Modelling
AIT provides consulting regarding regulatory framework conditions (grid-codes, incentive schemes) as well as review in accordance legal development. Further assessments of future need for balancing energy and flexibility demand are based on statistical models and machine learning algorithms. Forecast of short-term prices and impact on prices as well as long-term market developments and price-development scenarios. Furthermore AIT provides analysis of structural coherencies between different markets.
Market design and impact assessment
Proper impact assessment approach requires development of short- and medium-term portfolio optimisation strategies (plant scheduling and storage management) considering various forecasting horizons, mapping and validation of business models in energy system simulation tools. Therefore, a development of cost-benefit-analysis for new hybrid energy system technologies and system architectures can facilitate new and enhanced business models. Ultimately, infrastructure design optimization (e.g. plant sizing, network topology) is enabled through consideration of advanced (hybrid) control strategies.
R&D strategy processes and programming
Traditional energy utilities are currently at cross-roads regarding the validity of their product portfolio and business streams. Integration of partly subsidized energy products together with massive market entry of new actors in the energy business (democratization) led to fundamental changes in the validity of traditional energy utilities business models. Scope of the work in this topic consists of generation and flexibility utilization options, short- and medium term energy price forecasting and cost-benefit analysis of energy related business model.
R&D program evaluation/impact assessment
Energy related legal and regulatory developments are needed to translate the findings of energy system planning, operation research and knowledge in energy market modelling into the regulatory and legal frameworks. This includes rules and regulations related to power networks (grid codes) as well as framework conditions for energy market design. Furthermore, AIT is developing and accessing impacts of incentive schemes for emerging energy technologies as well as analysis of end-user interaction with new energy related services and technologies.