Value of Flexible Bioenergy – Report assessing electricity markets

The economic value of flexible bioenergy in Austria, Finland, and Germany is assessed in our new report: The Value of Flexible Bioenergy – An empirical assessment of the electricity markets in selected European Countries.

The economic value of flexible bioenergy is reflected in the impact on the merit order of electricity prices and the resulting effects on the procurement costs for electricity consumers. Results show cost savings from flexible electricity generation from biomass compared to baseload operation. Seasonal flexibility is crucial in Austria and Finland, while Germany experiences significant intraday variability. The results highlight the systemic value of renewable electricity from biomass.

Figure from the report: Basic concept of the merit order principle and the impact of flexible bioenergy.

This is Task 44 publication on activity: Work package 3 – Acceleration of flexible bioenergy concepts implementation