Conference paper
A modelling breakthrough for market design analysis to test massive intermittent generation integration in markets results of selected OPTIMATE studies
Electricity Transmission Network1
TransnetBW GmbH2
Department of Management Engineering, Technical University of Denmark3
Systems Analysis, Department of Management Engineering, Technical University of Denmark4
Energy Systems Analysis, Systems Analysis, Department of Management Engineering, Technical University of Denmark5
European University Institute, San Domenico di Fiesole6
Comillas Pontifical University7
Technofi8
The OPTIMATE1 platform focuses on electricity system and market designs modelling in order to assess current and innovative designs in Europe. The current paper describes the results of the first validation studies' conducted with the tool. These studies deal with day-ahead market rules, load flexibility, cross-border management and intermittent renewable support schemes with a view to better integrating large amounts of renewable energy in Europe.
Market and system designs were assessed based on economic efficiency, security of supply2 and environmental impact3 indicators. These results give a promising insight into the tool and its possible future use by transmission system operators, regulators, and other public entities.
Language: | English |
---|---|
Publisher: | IEEE |
Year: | 2013 |
Pages: | 1-8 |
Proceedings: | 10th International Conference on the European Energy Market |
ISBN: | 1479920088 , 1479925586 , 9781479920082 and 9781479925582 |
ISSN: | 21654093 and 21654077 |
Types: | Conference paper |
DOI: | 10.1109/EEM.2013.6607391 |
ORCIDs: | Morthorst, Poul Erik and Kitzing, Lena |
Power, Energy and Industry Applications SDG 7 - Affordable and Clean Energy environmental factors power generation economics power markets power system management renewable energy sources
Computational modeling Electricity Europe Intermittent RES Load modeling Logic gates OPTIMATE study Power generation economics Real-time systems Security cross-border management day-ahead market rule economic efficiency environmental impact indicator intermittent renewable support scheme load flexibility market design market design analysis power market model renewable energy security of supply test massive intermittent generation integration transmission system operator