Flexibility Options of Power and Heat Generation with Geothermal Energy in an Energy System Determined by Volatile Power Supply.
The future provision of electricity will increasingly be provided by volatile generators such as solar and wind, which means that the provision of balancing power will become more important. Deep geothermal energy enables the provision of electricity and heat for a base load, this arises the question whether it could in principle also be suitable for the provision of balancing power. The GeoFlex research project shows that, from a technical and hydrogeochemical point of view, there is nothing speaks against the flexible operation of geothermal power-heat systems and thus balancing power can be provided without negatively affecting the district heating supply. This knowledge can be of particular importance for the future electricity market, which will be characterized by volatile electricity supply. In particular, additional flexibility elements such as heat storage and heat pumps increase the economic and technical potential and thus lead to behavior that is more beneficial to the system overall. In order to tap the potential and promote the expansion of flexibility options, appropriate incentives must be created under the current market situation.
You can access the final report of the research project commissioned by the Federal Environment Agency (UBA) under the following link: Geoflex final report