TIMES-DK

Technology-rich multi-sectoral optimisation model of the Danish energy system

Olexandr Balyk*, Kristoffer S. Andersen, Steffen Dockweiler, Maurizio Gargiulo, Kenneth Karlsson, Rikke Næraa, Stefan Petrović, Jacopo Tattini, Lars B. Termansen, Giada Venturini

*Corresponding author for this work

Research output: Contribution to journalJournal articleResearchpeer-review

Abstract

As Denmark progresses towards a carbon neutral future, energy system models are required to address the challenges of the energy transition. This article describes design, input data and current usage of TIMES-DK, the first Danish energy system model that includes the complete national energy system, covering long-term technology investments. The article aims at explaining the modelling approach; highlighting strengths and reflecting upon limitations of the model; illustrating possible applications of TIMES-DK and inspiring new model developments. Some of the key strengths of the model include simultaneous optimisation of operation and investments across the complete energy system over the whole modelling horizon, explicit representation of the most important sectors of the economy, modular structure and the possibility of linking to a computable general equilibrium model for an additional insight on, e.g. public finance or CO2-leakage. TIMES-DK is being developed in close collaboration between an energy agency, a university and a consulting firm, to improve its robustness, relevance and impact on policy making. It allows for a wide range of applications including exploratory energy scenarios and policy analysis. To meet challenges of the future, further development of the model is needed and consequently the article provides references to ongoing projects addressing current development needs, such as improved representation of transport and flexible handling of the temporal dimension. To support a democratic and transparent process around decisions for the future Danish energy system, TIMES-DK should become available to interested parties.

Original languageEnglish
JournalEnergy Strategy Reviews
Volume23
Pages (from-to)13-22
ISSN2211-467X
DOIs
Publication statusPublished - 1 Jan 2019

Keywords

  • Denmark
  • Energy systems analysis
  • Energy transition
  • Model application
  • Model description
  • TIMES model

Cite this

Balyk, O., Andersen, K. S., Dockweiler, S., Gargiulo, M., Karlsson, K., Næraa, R., ... Venturini, G. (2019). TIMES-DK: Technology-rich multi-sectoral optimisation model of the Danish energy system. Energy Strategy Reviews, 23, 13-22. https://doi.org/10.1016/j.esr.2018.11.003
Balyk, Olexandr ; Andersen, Kristoffer S. ; Dockweiler, Steffen ; Gargiulo, Maurizio ; Karlsson, Kenneth ; Næraa, Rikke ; Petrović, Stefan ; Tattini, Jacopo ; Termansen, Lars B. ; Venturini, Giada. / TIMES-DK : Technology-rich multi-sectoral optimisation model of the Danish energy system. In: Energy Strategy Reviews. 2019 ; Vol. 23. pp. 13-22.
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abstract = "As Denmark progresses towards a carbon neutral future, energy system models are required to address the challenges of the energy transition. This article describes design, input data and current usage of TIMES-DK, the first Danish energy system model that includes the complete national energy system, covering long-term technology investments. The article aims at explaining the modelling approach; highlighting strengths and reflecting upon limitations of the model; illustrating possible applications of TIMES-DK and inspiring new model developments. Some of the key strengths of the model include simultaneous optimisation of operation and investments across the complete energy system over the whole modelling horizon, explicit representation of the most important sectors of the economy, modular structure and the possibility of linking to a computable general equilibrium model for an additional insight on, e.g. public finance or CO2-leakage. TIMES-DK is being developed in close collaboration between an energy agency, a university and a consulting firm, to improve its robustness, relevance and impact on policy making. It allows for a wide range of applications including exploratory energy scenarios and policy analysis. To meet challenges of the future, further development of the model is needed and consequently the article provides references to ongoing projects addressing current development needs, such as improved representation of transport and flexible handling of the temporal dimension. To support a democratic and transparent process around decisions for the future Danish energy system, TIMES-DK should become available to interested parties.",
keywords = "Denmark, Energy systems analysis, Energy transition, Model application, Model description, TIMES model",
author = "Olexandr Balyk and Andersen, {Kristoffer S.} and Steffen Dockweiler and Maurizio Gargiulo and Kenneth Karlsson and Rikke N{\ae}raa and Stefan Petrović and Jacopo Tattini and Termansen, {Lars B.} and Giada Venturini",
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Balyk, O, Andersen, KS, Dockweiler, S, Gargiulo, M, Karlsson, K, Næraa, R, Petrović, S, Tattini, J, Termansen, LB & Venturini, G 2019, 'TIMES-DK: Technology-rich multi-sectoral optimisation model of the Danish energy system', Energy Strategy Reviews, vol. 23, pp. 13-22. https://doi.org/10.1016/j.esr.2018.11.003

TIMES-DK : Technology-rich multi-sectoral optimisation model of the Danish energy system. / Balyk, Olexandr; Andersen, Kristoffer S.; Dockweiler, Steffen; Gargiulo, Maurizio; Karlsson, Kenneth; Næraa, Rikke; Petrović, Stefan; Tattini, Jacopo; Termansen, Lars B.; Venturini, Giada.

In: Energy Strategy Reviews, Vol. 23, 01.01.2019, p. 13-22.

Research output: Contribution to journalJournal articleResearchpeer-review

TY - JOUR

T1 - TIMES-DK

T2 - Technology-rich multi-sectoral optimisation model of the Danish energy system

AU - Balyk, Olexandr

AU - Andersen, Kristoffer S.

AU - Dockweiler, Steffen

AU - Gargiulo, Maurizio

AU - Karlsson, Kenneth

AU - Næraa, Rikke

AU - Petrović, Stefan

AU - Tattini, Jacopo

AU - Termansen, Lars B.

AU - Venturini, Giada

PY - 2019/1/1

Y1 - 2019/1/1

N2 - As Denmark progresses towards a carbon neutral future, energy system models are required to address the challenges of the energy transition. This article describes design, input data and current usage of TIMES-DK, the first Danish energy system model that includes the complete national energy system, covering long-term technology investments. The article aims at explaining the modelling approach; highlighting strengths and reflecting upon limitations of the model; illustrating possible applications of TIMES-DK and inspiring new model developments. Some of the key strengths of the model include simultaneous optimisation of operation and investments across the complete energy system over the whole modelling horizon, explicit representation of the most important sectors of the economy, modular structure and the possibility of linking to a computable general equilibrium model for an additional insight on, e.g. public finance or CO2-leakage. TIMES-DK is being developed in close collaboration between an energy agency, a university and a consulting firm, to improve its robustness, relevance and impact on policy making. It allows for a wide range of applications including exploratory energy scenarios and policy analysis. To meet challenges of the future, further development of the model is needed and consequently the article provides references to ongoing projects addressing current development needs, such as improved representation of transport and flexible handling of the temporal dimension. To support a democratic and transparent process around decisions for the future Danish energy system, TIMES-DK should become available to interested parties.

AB - As Denmark progresses towards a carbon neutral future, energy system models are required to address the challenges of the energy transition. This article describes design, input data and current usage of TIMES-DK, the first Danish energy system model that includes the complete national energy system, covering long-term technology investments. The article aims at explaining the modelling approach; highlighting strengths and reflecting upon limitations of the model; illustrating possible applications of TIMES-DK and inspiring new model developments. Some of the key strengths of the model include simultaneous optimisation of operation and investments across the complete energy system over the whole modelling horizon, explicit representation of the most important sectors of the economy, modular structure and the possibility of linking to a computable general equilibrium model for an additional insight on, e.g. public finance or CO2-leakage. TIMES-DK is being developed in close collaboration between an energy agency, a university and a consulting firm, to improve its robustness, relevance and impact on policy making. It allows for a wide range of applications including exploratory energy scenarios and policy analysis. To meet challenges of the future, further development of the model is needed and consequently the article provides references to ongoing projects addressing current development needs, such as improved representation of transport and flexible handling of the temporal dimension. To support a democratic and transparent process around decisions for the future Danish energy system, TIMES-DK should become available to interested parties.

KW - Denmark

KW - Energy systems analysis

KW - Energy transition

KW - Model application

KW - Model description

KW - TIMES model

U2 - 10.1016/j.esr.2018.11.003

DO - 10.1016/j.esr.2018.11.003

M3 - Journal article

VL - 23

SP - 13

EP - 22

JO - Energy Strategy Reviews

JF - Energy Strategy Reviews

SN - 2211-467X

ER -

Balyk O, Andersen KS, Dockweiler S, Gargiulo M, Karlsson K, Næraa R et al. TIMES-DK: Technology-rich multi-sectoral optimisation model of the Danish energy system. Energy Strategy Reviews. 2019 Jan 1;23:13-22. https://doi.org/10.1016/j.esr.2018.11.003