11 documents found, page 1 of 2
Market design for a reliable ~100% renewable electricity system : Deliverable D3.5
Algarvio, Hugo; Vries, Laurens de; Johanndeiter, Silke; Santos, Gabriel; Ribó-Pérez, David; Sijm, Jos
Performance assessment of current and new market designs and trading mechanisms...
Estanqueiro, Ana; Couto, António; Sperber, Evelyn; Santos, Gabriel; Strbac, Goran; Algarvio, Hugo; Jimenez, Ingrid Sanchez; Kochems, Johannes; Sijm, Jos
Decarbonization of electricity systems in Europe: market design challenges
Strbac, Goran; Papadaskalopoulos, Dimitrios; Chrysanthopoulos, Nikolaos; Estanqueiro, Ana; Algarvio, Hugo; Lopes, Fernando; Vries, Laurens deABSTRACT: Driven by climate change concerns, Europe has taken significant initiatives toward the decarbonization of its energy system. The European Commission (EC) has set targets for 2030 to achieve at least 40% reduction in greenhouse gas emissions with respect to the 1990 baseline level and cover at least 32% of the total energy consumption in the European Union (EU) through renewable energy sources, predomi...
New market designs in electricity market simulation models: Deliverable D4.5
Couto, António; Papadaskalopoulos, Dimitrios; Strbac, Goran; Algarvio, Hugo; Sanchez, Ingrid; Kochems, Johannes; Nienhaus, Kristina; Vries, Laurens deABSTRACT: To integrate a high share of renewables in a future system, several modifications to the electricity market rules may need to be implemented. The most relevant market design concepts were identified from the literature and reported in work package 3. There are several uncertainties, for instance with respect to the questions of whether a future electricity market will provide enough incentives for inv...
Open-access tool of linked electricity market models: Deliverable D4.8
Rinne, Erkka; Schimeczek, Christoph; Algarvio, Hugo; Santos, Gabriel; Cvetkovic, Milos; Jimenez, Ingrid Sanchez; Vries, Laurens deABSTRACT: For a holistic understanding and simulation of the energy markets, many different aspects need to modelled properly. Often no single modelling tool offers the whole picture, but a combination of methods needs to be used. A model linkage platform has been chosen previously and this deliverable describes the integration of the modelling tools used in TradeRES to the linking application, Spine Toolbox. S...
Decarbonization of electricity systems in Europe: market design challenges
Strbac, Goran; Papadaskalopoulos, Dimitrios; Chrysanthopoulos, Nikolaos; Estanqueiro, Ana; Algarvio, Hugo; Lopes, Fernando; Vries, Laurens deABSTRACT: Driven by climate change concerns, Europe has taken significant initiatives toward the decarbonization of its energy system. The European Commission (EC) has set targets for 2030 to achieve at least 40% reduction in greenhouse gas emissions with respect to the 1990 baseline level and cover at least 32% of the total energy consumption in the European Union (EU) through renewable energy sources, predomi...
Market design for a reliable ~100% renewable electricity system: Deliverable D3.5
Morales-España, Germán; Algarvio, Hugo; Vries, Laurens de; Faia, Ricardo; Hernandez-Serna, Ricardo; Johanndeiter, Silke; Couto, AntónioABSTRACT: The goal of this report is to identify in which respects the design and regulation of electricity markets needs to be improved in order facilitate a (nearly) completely decarbonized electricity system. It provides a basis for scoping the modeling analyses that are to be performed in subsequent work packages in the TradeRES project. These simulations will provide the basis for an update of this deliver...
Performance indicators: quantification of market performance: Deliverable D5.1
Couto, António; Schimeczek, Christoph; Morales-España, Germán; Strbac, Goran; Algarvio, Hugo; Sanchez, Ingrid; Kochems, Johannes; Nienhaus, KristinaABSTRACT: The present deliverable was developed as part of the research activities of the TradeRES project Task 5.1 – Performance indicators: quantification of market performance. This report presents the first version of the deliverable 5.1, which provides a list of the (key) market performance indicators (MPIs) that will be used to assess the impact of elec tricity market designs developed and tested in the T...
Characterization of new flexible players: Deliverable D3.2
Chrysanthopoulos, Nikolaos; Papadaskalopoulos, Dimitrios; Strbac, Goran; Schimeczek, Christoph; Kochems, Johannes; Vries, Laurens de; Sanchez, IngridABSTRACT: The subject matter of this report is the analysis of the electricity markets’ actors’ scene, through the identification of actor classes and the characterisation of actors from a behavioural and an operational perspective. The technoeconomic characterization of market participants aims to support the upcoming model enhancements by aligning the agent-based model improvements with the modern market desi...
New actor types in electricity market simulation models: Deliverable D4.4
Machado, Ana Rita; Couto, António; Schimeczek, Christoph; Qiu, Dawei; José, Débora Regina S.; Papadaskalopoulos, Dimitrios; Strbac, GoranABSTRACT: The modelling of agents in the simulation models and tools is of primary importance if the quality and the validity of the simulation outcomes are at stake. This is the first version of the report that deals with the representation of electricity market actors’ in the agent based models (ABMs) used in TradeRES project. With the AMIRIS, the EMLab-Generation (EMLab), the MASCEM and the RESTrade models b...