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Recommendations for market trading in a ~100% power system : Deliverable D6.5

User guide for TradeRES models and tools (D6.2.1): 2nd Edition

Open-access tool for linking electricity market models: 2nd Edition

Temporal flexibility options in electricity market simulation models: Deliverab...

ABSTRACT: This report covers the implementation of temporal flexibility options in TradeRES’ agent-based electricity market simulations models. Within this project, the term “temporal flexibility option” was defined as an asset or measure supporting the power system to balance electric demand and supply and compensate for their stochastic fluctuations stemming from, e.g., weather or consumer behaviour by adjust...

Decarbonization of electricity systems in Europe: market design challenges

ABSTRACT: 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...

Spatial flexibility options in electricity market simulation tools: Deliverable...

ABSTRACT: Deliverable D4.3 addresses the spatial flexibility options that are being considered by TradeRES models. D4.3 presents a report describing the spatial flexibility-related modelling components that are already implemented and those that are being designed for integration in TradeRES agent-based models. This report includes the main definitions, concepts and terminology related to spatial flexibility, a...

Temporal flexibility options in electricity market simulation models: Deliverab...

ABSTRACT: This report covers the implementation of temporal flexibility options in TradeRES’ agent-based electricity market simulations models. Within this project, the term “temporal flexibility option” was defined as an asset or measure supporting the power system to balance electric demand and supply and compensate for their stochastic fluctuations stemming from, e.g., weather or consumer behaviour by adjust...

Decarbonization of electricity systems in Europe: market design challenges

ABSTRACT: 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

ABSTRACT: 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...

Design and operation of energy systems with large amounts of variable generatio...

ABSTRACT: This report summarises findings on wind integration from the 17 countries or sponsors participating in the International Energy Agency Wind Technology Collaboration Programme (IEA Wind TCP) Task 25 from 2006–2020. Both real experience and studies are reported. Many wind integration studies incorporate solar energy, and most of the results discussed here are valid for other variable renewables in addit...