Potentialanalyse einer energiepreis- orientierten Reihenfolgebildung*/Potential analysis of an energy price-oriented sequencing - Integration of volatile energy prices in the manufacturing control to reduce energy costs

2017 ◽  
Vol 107 (09) ◽  
pp. 617-624
Author(s):  
S. Willeke ◽  
M. Stonis ◽  
P. Prof. Nyhuis

Durch die Zunahme der Einspeisungen erneuerbarer Energien nimmt die Volatilität des Strompreises stetig zu. Unter Berücksichtigung dieses Sachverhaltes können produzierende Unternehmen durch die Anwendung einer energiepreisorientierten Reihenfolgeregel Energiekosten sparen. Da die Anwendung dieser Reihenfolgeregel nicht nur Auswirkungen auf die Energiekosten hat, wird in diesem Fachbeitrag eine Potentialanalyse vorgestellt, welche neben den Energiekosten zusätzlich die Termineinhaltungskosten von Fertigungsaufträgen berücksichtigt.   As a result of the increasing feed-in of renewable energies, the volatility of the electricity price rises. Considering this, manufacturers can save energy costs by applying an energy price-oriented sequencing rule. Since the application of this sequencing rule does not only have an impact on the energy costs, a potential analysis is presented in this article which, in addition to the energy costs, also considers the schedule compliance cost of production orders.

2016 ◽  
pp. 36-63 ◽  
Author(s):  
I. Bashmakov

This paper shows the cyclical evolution of energy prices and energy costs share with cycles lasting 25-30 years. Energy costs constants, i.e. stable over long time energy costs to income ratio, are the center of ‘economic gravitation’. Cycles and energy affordability thresholds are found in all major final energy use sectors manifesting the ‘minus one’ phenomenon, which shows that cyclelong energy intensity changes as much as real energy prices. Energy affordability thresholds and asymmetric price elasticities are important factors determining the existence of the turning points towards the center of ‘economic gravitation’ in the cyclic evolution of energy costs shares. The cyclical nature of energy price dynamics has been manifesting for five centuries and experienced multiple technological transitions and changes in the energy mix.


2017 ◽  
Vol 869 ◽  
pp. 174-179
Author(s):  
Rebecca Ilsen ◽  
Jan Christian Aurich

Rising energy costs and volatile energy prices are motivation to integrate energy consumption with planning processes in manufacturing. Since centralized approaches for Manufacturing Control (MC) tend to ignore local energy related information, it is necessary to examine the potential of decentralized MC approaches. For this purpose, a factory simulation tool has been implemented. This paper presents the underlying assumptions behind the simulation tool and how the MC algorithms it uses are implemented using an agent-based simulation approach.


Significance The cost of gas-fired generation sets the electricity price in much of Europe today. Falling indigenous production has left Europe reliant on gas imports and exposed it to global liquefied natural gas (LNG) prices set by fast-recovering China. This has left retail-only electricity suppliers vulnerable and increases the risk that falling disposable incomes will undermine post-pandemic recovery. Impacts EU carbon allowance prices will stay strong. Higher energy prices will stoke inflation amid a fragile recovery, posing a dilemma for central banks. Rising gas prices have had ancillary but potentially alarming impacts as some fertiliser and CO2 producers have shut in production.


2018 ◽  
Vol 24 (2) ◽  
pp. 231-254
Author(s):  
Soma Patra

Nine out of the last ten recessions in the United States have been preceded by an increase in the price of oil as noted by Hamilton [Palgrave Dictionary of Economics]. Given the small share of energy in gross domestic product this phenomenon is difficult to explain using standard models. In this paper, I show that firm entry can be an important transmission and amplifying channel for energy price shocks. The results from the baseline dynamic stochastic general equilibrium (DSGE) model predict a drop in output that is two times the impact in a model without entry. The model also predicts an increase in energy prices would lead to a decline in real wages, investment, consumption, and return on investment. Additionally, using US firm level data, I demonstrate that a rise in energy prices has a negative impact on firm entry as predicted by the DSGE model. This lends further support toward endogenizing firm entry when analyzing the effects of energy price shocks.


2020 ◽  
Vol 182 ◽  
pp. 02009
Author(s):  
Gang Luo ◽  
Yujun He ◽  
Chen Zhao ◽  
Xuan Zhang ◽  
Shaohua Lin ◽  
...  

In the deregulated retail market, consumers should have more right of choice for paying for their energy demand. This paper focuses on the design of electricity price package mechanism in retail market considering the demand elasticity of consumers. An optimal price package mechanism is proposed to incentivize consumers for peak-clipping/valley-filling. Consumers are able to choose the appropriate one from a set of price packages, each of which consists of specific time-of-use energy price and maximum-demand price. A numerical case study has shown the usefulness and effectiveness of the proposed mechanism.


2018 ◽  
Vol 2018 ◽  
pp. 1-24 ◽  
Author(s):  
Igor Bashmakov ◽  
Anna Myshak

This paper provides empirical evidence and theoretical grounds to support the existence of energy cost constants, i.e., relatively stable energy costs to income ratios, not only country-wide, but also in major energy end-use sectors. These ratios are similar across different countries at different stages of economic development, but they also depend on the country-specific economy structure and legacy of previous long-standing energy pricing, taxes, and subsidies policies, which it takes time to shift from. The aggregated country-wide energy costs constant (range) is a linear combination of those for sectors weighted by the contributions of respective sectors’ income indicators to either gross output or GDP. Deviation of energy costs shares from the constrained range is possible but limited. The “rule of gravitation” goes: for the whole cycle real energy prices in each sector may grow only as much as energy intensity declines, and inversely promoting energy efficiency can be viewed as a policy, of which the environmental cobenefits will be undermined by rebound effects, unless it is accompanied by rising energy prices.


2017 ◽  
Vol 12 (1) ◽  
pp. 73-81 ◽  
Author(s):  
Stefan Willeke ◽  
Henrik Prinzhorn ◽  
Malte Stonis ◽  
Peter Nyhuis
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