Funded by: the Federal Ministry of Economics and Climate Protection (BMWK)

Project duration: 01.01.2023 – 31.12.2025

Cooperation: TenneT (a transmission system operator in the Netherlands and in a large part of Germany) is associated partner.

The FOCCSI 2 project is particularly interested in investigating effective techniques for forecasting highly dynamic forecast variables, such as renewable energy sources. The central research topic is the development of statistical and machine learning methods for the correction and combination of forecasts, which are used to generate more powerful meta-forecasts. The project also focuses on conducting a cost-benefit analysis of each forecast, by investigating the trade-off between minimizing the financial burden of purchasing more forecasts and the achievement of a certain forecast quality of the combined forecast.

Achieving global climate goals requires effective and efficient management of CO2 in all sectors. From an economic point of view, this can only be achieved through a greater interconnection of the various energy systems (electricity, heat, gas, industry, transport and traffic) and the various system actors. The Energy Innovation Center (Energie-Innovationszentrum – EIZ) accompanies this global transformation of the energy sector by (co-)establishing and (co-)securing regional technology leadership for science and industry as well as the start-up competence of Lusatia in the areas of sector coupling and the intelligent, digital operation of energy systems. The aim is to ensure that the energy sector remains the mainstay of Lusatia's economic and technological identity even in the age of renewable energies and digitalization, and that the Lusatian mining region is further developed into a sustainable energy region serving this purpose. The EIZ consists of six networked laboratories (labs) with their own thematic focuses:

• Energy Economics Lab (EECON Lab)
• Electric Power Systems Lab (EPS Lab)
• Control Systems and Cyber Security Lab (COSYS Lab)
• Energy Storage and Conversion Lab (ESC Lab)
• High Power Grid Converter Lab (HPGC Lab) 
• Scientific Computing Lab (SC Lab)

Funded by: Federal Ministry of Education and Research (BMBF)

Project duration: 2023 - 2026

Website: https://www.kopernikus-projekte.de/projekte/ariadne

The Chair of Energy Economics is part of the work package for the further development of electricity and energy market design. This package will develop and discuss decision bases for the further development of the energy market design. In a case study, the Chair of Energy Economics is investigating the effects of supply uncertainties on the procurement costs of green hydrogen. Furthermore, the Chair of Energy Economics is contributing to a work area that is researching the development and evaluation of the design of green electricity certificates in order to supply voluntary consumers with climate-neutral electricity.