Nils May, who works at the department of Climate Policy, has successfully defended his dissertation at the Technische Universität Berlin.The dissertation with the title "The Economics of Financing and Integrating Renewable Energies" was supervised by Prof. Karsten Neuhoff, Ph.D. (DIW Berlin, Technische Universität Berlin) and Prof. Dr. Rolf Wüstenhagen (University of St.Gallen). We ...
Renewable energies are expected to be the main electricity generation source. However, the variability of renewable energy supply poses challenges to the generation expansion modelling as uncertainty of hourly generation need to be adequately taken into account. This paper analyzes the implications of different approaches to optimization under uncertainty, ranging from stochastic to robust optimization. ...