Swiss-based Luzern University of Applied Science’s Power Economy competence centre joined the PACE project during 2019. Luzern University will conduct an economic value analysis of Fuel Cell micro-Cogeneration to identify potential revenue streams from the participation in power markets. It will also explore the economic added value from the avoidance of grid expansions that can be achieved by the large-scale deployment of Fuel Cell micro-Cogeneration. The analysis will be conducted for Germany and two additional countries.
In addition to the analytical content, Luzern University will establish a platform for direct exchange between grid and Fuel Cell micro-Cogeneration experts, fostering the introduction of the technology.
Luzern University is very pleased to be a partner in the PACE project. The aims and objectives of the project align with many of the existing research projects that are already underway at the university. The activities coincide with the Power Economy competence centre’s fields of action in electricity grids, energy and flexibility markets, business model innovation for energy technologies in the built environment, and energy efficiency.
The structural change of the energy market offers new opportunities to all market players. The study of the performance of the markets within PACE supports the market introduction of new technologies such as micro-cogeneration, and Luzern University welcomes the opportunity to support the growth of this new and interesting technology.
The energy industry also faces radical transformation. New and flexible business models, built around customer’s needs, support the transition towards a higher share of renewable energy in buildings and districts. PACE’s focus on small scale, consumer-led flexibility is innovative and represents an exciting opportunity for applied research in the energy transition.