---
_id: '65757'
abstract:
- lang: eng
  text: Electrifying the heating sector is essential for achieving global climate
    targets like the Paris Agreement’s 1.5 °C goal. In Germany, where 80  % of household
    energy goes to space heating and hot water, shifting to low-carbon solutions is
    crucial. Fossil-fuelled district heating networks can incorporate renewable energy
    via heat pumps, improving efficiency. Although heat pump design typically favours
    minimal temperature lifts, higher lifts can be economically viable with low electricity
    prices and abundant renewables. Adding thermal energy storage boosts operational
    flexibility. This study explores a flexible heat pump operation incorporating
    part load behaviour with a thermal energy storage in a German city’s district
    heating system to minimise costs and carbon dioxide emissions. Using a mixed-integer
    linear programming model, it examines the impact of temperature adjustments and
    storage on system efficiency. The results show that the integration of a heat
    pump in a district heating system reduces operating costs. Compared to a supply
    without a heat pump, with levelised cost of heating of 9.98 cent/kWhth and a fixed
    operating mode with costs between 9.96 cent/kWhth and 11.49 cent/kWhth, the flexible
    use results in lowest costs of 9.85 cent/kWhth, while also reducing overall CO2
    emissions. Using a full factorial sensitivity analysis, the levelised cost of
    heating ranged between 9.15 cent/kWhth in the best case and 10.37 cent/kWhth in
    the worst case for the selected configuration.
article_number: '121714'
article_type: original
author:
- first_name: Henning Christoph
  full_name: Rahlf, Henning Christoph
  id: '56955'
  last_name: Rahlf
  orcid: 0009-0006-8106-2132
- first_name: Denis
  full_name: Divkovic, Denis
  id: '89059'
  last_name: Divkovic
- first_name: Lukas
  full_name: Knorr, Lukas
  id: '90391'
  last_name: Knorr
  orcid: 0009-0005-4727-7511
- first_name: Florian
  full_name: Schlosser, Florian
  id: '88614'
  last_name: Schlosser
- first_name: Henning
  full_name: Meschede, Henning
  id: '86954'
  last_name: Meschede
  orcid: 0000-0002-1538-089X
citation:
  ama: Rahlf HC, Divkovic D, Knorr L, Schlosser F, Meschede H. Flexible operation
    strategies for heat pumps in district heating systems using dynamic electricity
    prices. <i>Energy Conversion and Management</i>. 2026;364. doi:<a href="https://doi.org/10.1016/j.enconman.2026.121714">10.1016/j.enconman.2026.121714</a>
  apa: Rahlf, H. C., Divkovic, D., Knorr, L., Schlosser, F., &#38; Meschede, H. (2026).
    Flexible operation strategies for heat pumps in district heating systems using
    dynamic electricity prices. <i>Energy Conversion and Management</i>, <i>364</i>,
    Article 121714. <a href="https://doi.org/10.1016/j.enconman.2026.121714">https://doi.org/10.1016/j.enconman.2026.121714</a>
  bibtex: '@article{Rahlf_Divkovic_Knorr_Schlosser_Meschede_2026, title={Flexible
    operation strategies for heat pumps in district heating systems using dynamic
    electricity prices}, volume={364}, DOI={<a href="https://doi.org/10.1016/j.enconman.2026.121714">10.1016/j.enconman.2026.121714</a>},
    number={121714}, journal={Energy Conversion and Management}, publisher={Elsevier
    BV}, author={Rahlf, Henning Christoph and Divkovic, Denis and Knorr, Lukas and
    Schlosser, Florian and Meschede, Henning}, year={2026} }'
  chicago: Rahlf, Henning Christoph, Denis Divkovic, Lukas Knorr, Florian Schlosser,
    and Henning Meschede. “Flexible Operation Strategies for Heat Pumps in District
    Heating Systems Using Dynamic Electricity Prices.” <i>Energy Conversion and Management</i>
    364 (2026). <a href="https://doi.org/10.1016/j.enconman.2026.121714">https://doi.org/10.1016/j.enconman.2026.121714</a>.
  ieee: 'H. C. Rahlf, D. Divkovic, L. Knorr, F. Schlosser, and H. Meschede, “Flexible
    operation strategies for heat pumps in district heating systems using dynamic
    electricity prices,” <i>Energy Conversion and Management</i>, vol. 364, Art. no.
    121714, 2026, doi: <a href="https://doi.org/10.1016/j.enconman.2026.121714">10.1016/j.enconman.2026.121714</a>.'
  mla: Rahlf, Henning Christoph, et al. “Flexible Operation Strategies for Heat Pumps
    in District Heating Systems Using Dynamic Electricity Prices.” <i>Energy Conversion
    and Management</i>, vol. 364, 121714, Elsevier BV, 2026, doi:<a href="https://doi.org/10.1016/j.enconman.2026.121714">10.1016/j.enconman.2026.121714</a>.
  short: H.C. Rahlf, D. Divkovic, L. Knorr, F. Schlosser, H. Meschede, Energy Conversion
    and Management 364 (2026).
date_created: 2026-06-03T06:34:27Z
date_updated: 2026-06-03T06:44:31Z
department:
- _id: '644'
- _id: '534'
doi: 10.1016/j.enconman.2026.121714
intvolume: '       364'
keyword:
- Heat transition
- Optimisation
- Temperature flexibility
- Decarbonisation
- Multi energy
language:
- iso: eng
main_file_link:
- open_access: '1'
  url: https://www.sciencedirect.com/science/article/pii/S0196890426006837
oa: '1'
project:
- _id: '1495'
  name: FlexLabQuartier
publication: Energy Conversion and Management
publication_identifier:
  issn:
  - 0196-8904
publication_status: published
publisher: Elsevier BV
status: public
title: Flexible operation strategies for heat pumps in district heating systems using
  dynamic electricity prices
type: journal_article
user_id: '56955'
volume: 364
year: '2026'
...
---
_id: '29049'
abstract:
- lang: eng
  text: "This study investigates the conditions under which tax rate changes accelerate
    risky investments.\r\nWhile tax rate increases are often expected to harm investment,
    analytical\r\nstudies find tax rate increases may foster investment under flexibility.We
    design a theorybased\r\nexperimentwith a binomial random walk and entry–exit flexibility.We
    find accelerated\r\ninvestment upon tax rate increases irrespective of an exit
    option, but no corresponding\r\nresponse to tax cuts. This asymmetry may be due
    to tax salience and mechanisms\r\nfrom irreversible choice under uncertainty.
    Given this evidence of unexpected tax-reform\r\neffects, tax policymakers should
    carefully consider behavioral aspects."
article_type: original
author:
- first_name: René
  full_name: Fahr, René
  last_name: Fahr
- first_name: Elmar A.
  full_name: Janssen, Elmar A.
  last_name: Janssen
- first_name: Caren
  full_name: Sureth-Sloane, Caren
  id: '530'
  last_name: Sureth-Sloane
  orcid: ' 0000-0002-8183-5901'
citation:
  ama: Fahr R, Janssen EA, Sureth-Sloane C. Can Tax Rate Changes Accelerate Investment
    under Entry and Exit Flexibility? – Insights from an Economic Experiment. <i>FinanzArchiv
    / European Journal of Public Finance</i>. 2022;78(1-2):239-289.
  apa: Fahr, R., Janssen, E. A., &#38; Sureth-Sloane, C. (2022). Can Tax Rate Changes
    Accelerate Investment under Entry and Exit Flexibility? – Insights from an Economic
    Experiment. <i>FinanzArchiv / European Journal of Public Finance</i>, <i>78</i>(1–2),
    239–289.
  bibtex: '@article{Fahr_Janssen_Sureth-Sloane_2022, title={Can Tax Rate Changes Accelerate
    Investment under Entry and Exit Flexibility? – Insights from an Economic Experiment},
    volume={78}, number={1–2}, journal={FinanzArchiv / European Journal of Public
    Finance}, author={Fahr, René and Janssen, Elmar A. and Sureth-Sloane, Caren},
    year={2022}, pages={239–289} }'
  chicago: 'Fahr, René, Elmar A. Janssen, and Caren Sureth-Sloane. “Can Tax Rate Changes
    Accelerate Investment under Entry and Exit Flexibility? – Insights from an Economic
    Experiment.” <i>FinanzArchiv / European Journal of Public Finance</i> 78, no.
    1–2 (2022): 239–89.'
  ieee: R. Fahr, E. A. Janssen, and C. Sureth-Sloane, “Can Tax Rate Changes Accelerate
    Investment under Entry and Exit Flexibility? – Insights from an Economic Experiment,”
    <i>FinanzArchiv / European Journal of Public Finance</i>, vol. 78, no. 1–2, pp.
    239–289, 2022.
  mla: Fahr, René, et al. “Can Tax Rate Changes Accelerate Investment under Entry
    and Exit Flexibility? – Insights from an Economic Experiment.” <i>FinanzArchiv
    / European Journal of Public Finance</i>, vol. 78, no. 1–2, 2022, pp. 239–89.
  short: R. Fahr, E.A. Janssen, C. Sureth-Sloane, FinanzArchiv / European Journal
    of Public Finance 78 (2022) 239–289.
date_created: 2021-12-20T08:23:13Z
date_updated: 2026-04-09T07:25:41Z
department:
- _id: '187'
intvolume: '        78'
issue: 1-2
jel:
- H25
- H21
- C91
keyword:
- Economic ExperimentM
- Investment Decisions
- Tax Effects
- Timing Flexibility
- Uncertainty
language:
- iso: eng
page: 239-289
publication: FinanzArchiv / European Journal of Public Finance
publication_status: published
quality_controlled: '1'
status: public
title: Can Tax Rate Changes Accelerate Investment under Entry and Exit Flexibility?
  – Insights from an Economic Experiment
type: journal_article
user_id: '96670'
volume: 78
year: '2022'
...
---
_id: '19393'
abstract:
- lang: eng
  text: "To provide a simple instrument to operate residential Load-Shifting or Demand-Side-Management
    \r\nsystems, the measurement of the actual grid frequency seems to be an appropriate
    method. Due to the present \r\ninflexibility and the lack of sufficient throttling
    capabilities of lignite and nuclear power plants, a surplus of \r\nelectricity
    generation occurs during periods of high wind and solar power generation. While
    the specific CO2-\r\nemission is decreasing then ‒ due to the increased share
    of Renewables, the grid frequency is increasing (to a certain \r\nlimit). Using
    the grid frequency as an indicator to switch-on and off certain loads (loads that
    do not require power \r\npermanently (e.g. dishwashers, washing machines, dryers,
    fridges and freezers, heaters) could provide a simple, \r\ninexpensive demand-side
    management indicator to lower specific CO2‒emssions and costs (if a dynamic \r\nconsumption
    tariff is available). To check the truthfulness of that hypothesis, the grid and
    frequency data of the \r\nGerman grid of the year 2018 have been collected and
    a the correlation between grid frequency, power surplus, share \r\nof renewables
    vs. CO2-contents and price at the European energy exchange (EEX) have been calculated.
    The results \r\nshow: Correlation between frequency and share of renewables is
    quite low (r = 0.155) due to the fact that primary \r\ngrid control quickly compensates
    deviations from the 50 Hz nominal frequency. There is a good anti-correlation
    (r = -\r\n0.687) between the EEX‒prices and the share of renewables in the grid.
    Over the years, correlation between \r\nelectricity trading prices (EEX) and CO2
    emissions is quite good (r =0.665), within the one year (2018) that \r\ncorrelation
    almost doesn’t exist, possibly due to the inflexibility of the bulky lignite power
    plants that even operate at \r\nnegative prices. \r\n"
author:
- first_name: Stefan
  full_name: Krauter, Stefan
  id: '28836'
  last_name: Krauter
  orcid: 0000-0002-3594-260X
- first_name: L.
  full_name: Zhang, L.
  last_name: Zhang
citation:
  ama: 'Krauter S, Zhang L. Triggering Demand‒Side‒Management: Correlation of electricity
    prices, share of renewables, CO2‒contents, and grid‒frequency in the German electricity
    grid. In: <i>Proceedings of the 37th European Photovoltaic Solar Energy Conference,
    07 - 11 September 2020.</i> ; 2020:1815-1817. doi:<a href="https://doi.org/10.4229/EUPVSEC20202020-6BV.5.9">10.4229/EUPVSEC20202020-6BV.5.9</a>'
  apa: 'Krauter, S., &#38; Zhang, L. (2020). Triggering Demand‒Side‒Management: Correlation
    of electricity prices, share of renewables, CO2‒contents, and grid‒frequency in
    the German electricity grid. <i>Proceedings of the 37th European Photovoltaic
    Solar Energy Conference, 07 - 11 September 2020.</i>, 1815–1817. <a href="https://doi.org/10.4229/EUPVSEC20202020-6BV.5.9">https://doi.org/10.4229/EUPVSEC20202020-6BV.5.9</a>'
  bibtex: '@inproceedings{Krauter_Zhang_2020, title={Triggering Demand‒Side‒Management:
    Correlation of electricity prices, share of renewables, CO2‒contents, and grid‒frequency
    in the German electricity grid.}, DOI={<a href="https://doi.org/10.4229/EUPVSEC20202020-6BV.5.9">10.4229/EUPVSEC20202020-6BV.5.9</a>},
    booktitle={Proceedings of the 37th European Photovoltaic Solar Energy Conference,
    07 - 11 September 2020.}, author={Krauter, Stefan and Zhang, L.}, year={2020},
    pages={1815–1817} }'
  chicago: 'Krauter, Stefan, and L. Zhang. “Triggering Demand‒Side‒Management: Correlation
    of Electricity Prices, Share of Renewables, CO2‒contents, and Grid‒frequency in
    the German Electricity Grid.” In <i>Proceedings of the 37th European Photovoltaic
    Solar Energy Conference, 07 - 11 September 2020.</i>, 1815–17, 2020. <a href="https://doi.org/10.4229/EUPVSEC20202020-6BV.5.9">https://doi.org/10.4229/EUPVSEC20202020-6BV.5.9</a>.'
  ieee: 'S. Krauter and L. Zhang, “Triggering Demand‒Side‒Management: Correlation
    of electricity prices, share of renewables, CO2‒contents, and grid‒frequency in
    the German electricity grid.,” in <i>Proceedings of the 37th European Photovoltaic
    Solar Energy Conference, 07 - 11 September 2020.</i>, online, 2020, pp. 1815–1817,
    doi: <a href="https://doi.org/10.4229/EUPVSEC20202020-6BV.5.9">10.4229/EUPVSEC20202020-6BV.5.9</a>.'
  mla: 'Krauter, Stefan, and L. Zhang. “Triggering Demand‒Side‒Management: Correlation
    of Electricity Prices, Share of Renewables, CO2‒contents, and Grid‒frequency in
    the German Electricity Grid.” <i>Proceedings of the 37th European Photovoltaic
    Solar Energy Conference, 07 - 11 September 2020.</i>, 2020, pp. 1815–17, doi:<a
    href="https://doi.org/10.4229/EUPVSEC20202020-6BV.5.9">10.4229/EUPVSEC20202020-6BV.5.9</a>.'
  short: 'S. Krauter, L. Zhang, in: Proceedings of the 37th European Photovoltaic
    Solar Energy Conference, 07 - 11 September 2020., 2020, pp. 1815–1817.'
conference:
  end_date: 2020-09-11
  location: online
  name: 37th European Photovoltaic Solar Energy Conference and Exhibition (EUPVSEC
    2020)
  start_date: 2020-09-07
date_created: 2020-09-14T12:43:43Z
date_updated: 2022-01-06T12:42:22Z
ddc:
- '620'
department:
- _id: '53'
doi: 10.4229/EUPVSEC20202020-6BV.5.9
file:
- access_level: closed
  content_type: application/pdf
  creator: krauter
  date_created: 2022-01-06T12:35:49Z
  date_updated: 2022-01-06T12:35:49Z
  file_id: '29172'
  file_name: Krauter Zhang - Triggering DSM - EUPVSEC 2020.pdf
  file_size: 1309449
  relation: main_file
  success: 1
file_date_updated: 2022-01-06T12:35:49Z
has_accepted_license: '1'
keyword:
- 'Keywords: Load-Shifting'
- Demand-Side-Management
- DSM
- grid frequency
- EEX
- electricity trading prices
- renewable share
- flexibility
- emissions
- CO2
language:
- iso: eng
page: 1815 - 1817
publication: Proceedings of the 37th European Photovoltaic Solar Energy Conference,
  07 - 11 September 2020.
publication_identifier:
  issn:
  - "\t3-936338-73-6"
publication_status: published
quality_controlled: '1'
status: public
title: 'Triggering Demand‒Side‒Management: Correlation of electricity prices, share
  of renewables, CO2‒contents, and grid‒frequency in the German electricity grid.'
type: conference
user_id: '28836'
year: '2020'
...
