Conceptual Modeling in Support of Economic and Regulatory Viability Assessment: A Reality Check on the Example of Developing an Energy Community

Sybren de Kinderen, Qin Ma, Monika Kaczmarek-Heß, Rik Eshuis

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-review

Abstract

This paper offers an assessment of the extent to which conceptual modeling can be used for a conjoint assessment of regulatory and economic viability of new projects in the electricity sector, with a particular focus on developing energy communities. To this end, we establish a set of challenges resulting out of a confrontation of, on the one hand, the observed relevance of conjointly assessing the regulatory and economic viability for electricity sector projects, and on the other hand, the fact that no dedicated efforts exist which explicitly target such a conjoint assessment. Then, using a realistic scenario we show how two selected conceptual modeling languages can be used for a conjoint assessment: Legal GRL, for regulatory viability, and e 3 value, for economic viability. Finally, we discuss lessons learned from our experience, among others, a need for a taxonomy for energy sector specific regulation and the use of value network patterns.

Original languageEnglish
Title of host publicationEnterprise Design, Operations, and Computing
Subtitle of host publication27th International Conference, EDOC 2023, Groningen, The Netherlands, October 30 – November 3, 2023, Proceedings
EditorsHenderik A. Proper, Luise Pufahl, Dimka Karastoyanova, Marten van Sinderen, João Moreira
Place of PublicationCham
PublisherSpringer Nature
Pages206-222
Number of pages17
ISBN (Electronic)978-3-031-46587-1
ISBN (Print)978-3-031-46586-4
DOIs
Publication statusPublished - 20 Oct 2023
Event27th International Conference on Enterprise Design, Operations Computing, (EDOC 2023) -
Duration: 30 Oct 20233 Nov 2023

Publication series

NameLecture Notes in Computer Science (LNCS)
Volume14367
ISSN (Print)0302-9743
ISSN (Electronic)1611-3349

Conference

Conference27th International Conference on Enterprise Design, Operations Computing, (EDOC 2023)
Period30/10/233/11/23

Keywords

  • Conceptual Modeling
  • Energy Community
  • Regulatory and Economic Viability

Fingerprint

Dive into the research topics of 'Conceptual Modeling in Support of Economic and Regulatory Viability Assessment: A Reality Check on the Example of Developing an Energy Community'. Together they form a unique fingerprint.

Cite this