Mr. Vassilis Stavrakas, Research Associate of TEESlab, participated in the 14th Conference on Sustainable Development of Energy, Water and Environment Systems (SDEWES14) in Dubrovnik, presenting preliminary modeling outcomes on how the European solar market could develop in the future towards a decentralized electricity system.

In particular, Mr. Stavrakas, in the context of the vision of a European decentralized electricity system, highlighted the importance of novel business models that will monetize the value of the technological infrastructure that could bring demand-flexibility into power markets. His presentation focused on the applicability of a transdisciplinary modeling framework that explores ways to couple small-scale photovoltaics (PV) with storage technologies and then uses this infrastructure to generate additional sources of revenue for consumers to provide incentives for further PV adoption. As a case study 3 representative EU Member States were used, namely Denmark, France, and Greece. The transdisciplinary modeling framework presented by Mr. Stavrakas consists of the Dynamic high-Resolution dEmand-sidE Management (DREEM) model, and the Agent-based Technology adOption Model (ATOM). The modeling ensemble is part of the TEESlab Modeling (TEEM) suite.

Find the full presentation here.