Project Details
Description
GRACE aims to develop a flexible investment roadmap for eco-industrial clusters by optimizing multi-energy vectors and the utilization and expansion of the electricity grid as the backbone of sector coupling and supply/demand flexibility. Developing a roadmap to maximize the value of local energy clusters requires understanding local potentials, bottlenecks, synergies, and market mechanisms. In addition to modeling existing supply and demand profiles and identifying options for system integration and sector coupling, we will investigate local dynamic background conditions, including the capacity and flexibility of different units, electricity prices, available capacity in the local electricity grid, grid services, gas and heat prices in the local networks, and seasonal heat demand variations.
A comprehensive techno-economic analysis will be conducted as the input for roadmap development, considering power system analysis, grid constraints, and electrical layout design. Accordingly, the project will develop guiding principles for optimizing value creation through synergy-enhancing business models. These principles for distributing value capture across sector participants will aim to align incentives and optimize investment attractiveness, considering the risk associated with emerging technologies. The analysis offers an in-depth case study of GreenLab Skive, guiding strategic decisions, ensuring optimized grid performance, and unlocking the full potential of sector coupling, while offering generalizable insights that can promote industrial energy clusters elsewhere.
A comprehensive techno-economic analysis will be conducted as the input for roadmap development, considering power system analysis, grid constraints, and electrical layout design. Accordingly, the project will develop guiding principles for optimizing value creation through synergy-enhancing business models. These principles for distributing value capture across sector participants will aim to align incentives and optimize investment attractiveness, considering the risk associated with emerging technologies. The analysis offers an in-depth case study of GreenLab Skive, guiding strategic decisions, ensuring optimized grid performance, and unlocking the full potential of sector coupling, while offering generalizable insights that can promote industrial energy clusters elsewhere.
Layman's description
GRACE aims to create an investment roadmap to help green industrial parks use energy more efficiently and sustainably. The plan is to optimize different types of energy and use the electricity grid to connect everything smoothly. By studying costs and benefits and creating business plans, we will develop strategies to improve energy use and support scalable, eco-friendly industrial solutions.
| Acronym | GRACE |
|---|---|
| Status | Active |
| Effective start/end date | 01/02/2025 → 31/12/2025 |
Collaborative partners
- Technical University of Denmark (lead)
- University of Southern Denmark
UN Sustainable Development Goals
In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):
Keywords
- Eco-industrial clusters
- Multi-energy vectors
- Sector coupling
- Techno-economic analysis
- GreenLab Skive
- Investment Roadmap
- Grid capacity
- Villum Fonden
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