Is Electrified Low-Carbon District Heating Able to Manage Electricity Price Shocks?

Nima Javanshir*, Pauli Hiltunen, Sanna Syri

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference article in proceedingsScientificpeer-review

4 Citations (Scopus)

Abstract

To comply with the European Union's carbon-neutrality target for 2035, the decarbonization of fossil-fuel intensive city district heating networks (DHN) is imperative. With electricity production nearly emission-free in Finland, electrification of the DHNs can assist in decarbonizing the heating sector. However, concerns regarding this solution are the volatility of electricity prices and the security of heat supply. This study examines the feasibility of electrified DHNs during the high energy market prices of2021. Two case study DHNs in Espoo and Kuopio are simulated using EnergyPro with an optimization routine to minimize production costs. The results of February and December were compared, and they show that the heat pumps maintain their competitiveness even with high electricity prices in Espoo, where the production relies still heavily on imported natural gas. However, in Kuopio, where peat and biomass are the most important fuels, high electricity price makes the heat pumps significantly less attractive.

Original languageEnglish
Title of host publication18th International Conference on the European Energy Market, EEM 2022
PublisherIEEE
Number of pages5
ISBN (Electronic)978-1-6654-0896-7
DOIs
Publication statusPublished - 2022
MoE publication typeA4 Conference publication
EventInternational Conference on the European Energy Market - Ljubljana, Slovenia
Duration: 13 Sept 202215 Sept 2022
Conference number: 18

Publication series

NameInternational Conference on the European Energy Market
Volume2022-September
ISSN (Print)2165-4077
ISSN (Electronic)2165-4093

Conference

ConferenceInternational Conference on the European Energy Market
Abbreviated titleeem
Country/TerritorySlovenia
CityLjubljana
Period13/09/202215/09/2022

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  • FinEst Twins: FinEst Twins

    Nieminen, M.

    01/12/201930/11/2026

    Project: EU: Framework programmes funding

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