Abstract
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.
| Original language | English |
|---|---|
| Title of host publication | 10th International Conference on the European Energy Market (EEM) |
| Number of pages | 8 |
| Publisher | IEEE |
| Publication date | 2013 |
| ISBN (Print) | 9781479920082 |
| DOIs | |
| Publication status | Published - 2013 |
| Event | 10th International Conference on the European Energy Market - Stockholm, Sweden Duration: 27 May 2013 → 31 May 2013 Conference number: 10 |
Conference
| Conference | 10th International Conference on the European Energy Market |
|---|---|
| Number | 10 |
| Country/Territory | Sweden |
| City | Stockholm |
| Period | 27/05/2013 → 31/05/2013 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
Keywords
- environmental factors
- power generation economics
- power markets
- power system management
- renewable energy sources
- Power, Energy and Industry Applications
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