While the industrial electricity demand has been modeled as baseload in the 3 main scenarios (Central, Electrification, Clean Molecules), this sensitivity introduces a possible investment in flexibility for some key industrial demands.
Where the annual production of intermediate and final products remains stable in all scenarios, the TIMES-Be model can invest in additional capacity for certain production units. Additional capacity comes at a cost, but allows to produce more during periods of low electricity prices (or costs) and less during periods of higher electricity prices. The optimizes for these investments and searches for the overall least system cost.
Following industrial sectors/processes, technically possible to provide flexibility, are included in this sensitivity analysis:
- Chlorine production using the membrane cell process
- Steel production
- Electric arc furnaces
- Molten iron electrolysis
- Cupper production
- Zinc production
- Chemical sector: Electrical cracking furnaces