Management Accounting and Control






  • FacebookTwitterYoutube
  • Deutsch

Electricity and information networks – approaches to modelling and integrated design

Future challenges will lead to an electric power supply that differs substantially from that which has been known for the past century. Unbundling of energy companies and liberalisation of energy markets since the late 1990s create new market players and informational barriers. The massive extension of renewable energies (characterised by fluctuating and non-deterministic power generation) and the market breakthrough of electric vehicles in the years to come, both motivated by climate policy and subsidised by the government, necessitate a tremendous communicative networking between energy producers and consumers, storage devices and network resources and call for automatic control. Integrated electricity and information networks of that kind (so-called smart grids) are subject of current research activities worldwide.

The target of this project, which is funded by the ESF and the state of Saxony, is to develop a model system for smart grids that allows to derive economic implementation concepts and to perform economic evaluations of business models related to innovative products and services in smart grids. The research will be based on analyses of the contemporary electricity and information networks and their respective modelling approaches. This project is supported and co-financed by the MUGLER AG, a local, medium-sized company in the telecommunications industry.

This project is aimed at ensuring and strengthening the competitiveness of Saxony’s economy in a future-oriented market by extending the knowledge base of the involved cooperation partners and by the education and training of appropriately qualified academic professionals for the regional labour market.