We are proud of the projects we have delivered. Below you find examples of the large and smaller assignments we have implemented for clients from the public and private sector. For detailed project references, please get in touch with Lion Hirth.
Flex-in-market (TSO). For a European TSO, we assessed the incentives implied in multiple variants of their flexibility market proposals, in particular incentives for inc-dec gaming. 2020-21.
Redispatch for loads (BMWi). Outline of an incentive-based participation of electricity consumers in Germany’s redispatch system based on capacity payments. Key design parameters are assessed with respect to incentive compatibility, economic efficiency, and incentives for gaming. Study for the Economics Ministry. 2020-21.
Procurement of ancillary services (BMWi). Assessment of market-based procurement of non-frequency ancillary services such as inertia, black start capability and voltage support in the context of the EU Clean Energy Package. Neon supports the project coordinated by EF.Ruhr and serves as work package leader. 2019-21.
System imbalances (Trading company). During three episodes in June 2019, Germany’s power system was heavily out of balance. For a European trading house, we provided expertise and analysis on the reasons and regulatory implications. 2019-20.
Italy’s PUN (BMWi). The Italian electricity market has six different bidding zones, but consumers pay a uniform prezzio nationale unico (PUN). For Germany’s Federal Ministry of Economic Affairs and Energy, we assessed the pro’s and con’s of such an arrangement. 2020.
Future market design (Utility). Neon supported an internal strategy process to assess alternative scenarios of future European power market designs. 2019.
Nodal pricing (Forum Energii). Workshops on nodal pricing in Poland for the think tank Forum Energii and transmission system operator PSE. 2018.
UK wind value (RE project developer). We assessed the capture price of UK onshore and offshore wind, identifying drivers and singling out differences to other European markets. 2018.
Electricity supply contract (Industrial company). Expert evaluation of a long-term electricity supply contract for a large-scale energy-intensive industrial consumer as part of a litigation case. 2018.
RE auction design (BMWi). Evaluation of Germany’s renewable energy auctions and assessment of reform options on behalf of Germany’s Federal Ministry of Economic Affairs and Energy. Navigant served as project lead. Neon contributed analyses of system-friendly wind power and locational signals. 2018-20. Report
Market-based redispatch (BMWi). In this large study, we assessed competitive procurement of redispatch resources and local markets for flexibility. Our core conclusion was that the risk of inc-dec gaming likely outweighs potential benefits. Neon served as project coordinator for a consortium of Consentec, Connect Energy Economics, Fraunhofer ISI, Ecofys, and SUER. 2017-20. Intermediate report (DE) | Final Report (DE | EN)
Grid benefits of offshore wind (RE project developer). Neon delivered input to a policy paper, assessing the grid and system benefits of offshore wind, driver by high capacity factors.
EU electricity market design (BMWi). Policy advice on wholesale market and balancing market design for Germany’s Economics Ministry in the context of the Clean Energy Package. Neon was member of a consortium with Connect Energy Economics, Consentec, and others. 2016-19.
Wind value lift (RE project developer). Evaluation of design options and operation strategies to improve the economics of wind power under market conditions. 2016-17.
Trading benchmark (Trading company). Regulatory assessment and quantitative cost benchmarks for portfolio management costs of renewable energy for the trading department of a major European utility. 2017.
Nodal vs. zonal pricing (BMWi). Consulting on locational price signals in wholesale markets for Germany’s Economics Ministry. Along with Consentec, Neon was responsible to organize a series of workshop and develop a project report. 2016-17. Report (DE)
RE time series (Utility). Neon provided in-feed time series of wind and solar power from re-analysis models. 2016.
Benefits of hydro flexibility (Utility). Model-based assessment of capture prices for a European utility. Neon provided a model-based assessment of the market value of wind energy and hydroelectricity. 2016.
Wind value in the Nordics (Energiforsk). Model-based assessment of the market value of wind energy in the hydro-dominated power system of the Nordic region. Neon designed the study, developed the model, and wrote the report, which appeared in Applied Energy. 2016. More
Model development (Trading company). Neon supported the trading department of a major European utility in power market model development. 2015.
System-friendly wind and solar power (IEA). Model-based study for the International Energy Agency. Neon assessed the market and system benefits of low-wind speed wind turbines and east- and west-oriented PV. 2014-16. A summary is published in Energy Economics. Paper
Training seminars. Neon trained staff at BMWi, IRENA, BMEL, RP Global, ERRA, Vattenfall, JRC, EHA, 50 Hertz, GIZ, IASS Potsdam, UFZ, Swedenergy, Innogy, Clean Air Task Force, IG Windkraft, Hochschule Reutlingen, Axpo, Renac, Europe Beyond Coal, Agora Energiewende, Terna, WindEurope, and others in power markets, energy economics, energy policy, and electricity market modeling. More