European electricity market simulation for future scenarios with high renewable energy production

Spieker, Christopher; Teuwsen, Jan; Liebenau, V.; Müller, Sven; Rehtanz, Christian

doi:10.1109/ptc.2015.7232737

Cited by 9 publications

(2 citation statements)

References 9 publications

(12 reference statements)

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“…The resulting time series for RES and loads are input for an economic dispatch of the thermal power plants, which is calculated using the market simulation module of MILES [30]. Based on the overall generation and load per country, cross-border exchanges are identified.…”

Section: Monte-carlo-based Time Series Generation and Market Simulationmentioning

confidence: 99%

The Innovative FlexPlan Grid-Planning Methodology: How Storage and Flexible Resources Could Help in De-Bottlenecking the European System

et al. 2021

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The FlexPlan Horizon2020 project aims at establishing a new grid-planning methodology which considers the opportunity to introduce new storage and flexibility resources in electricity transmission and distribution grids as an alternative to building new grid elements, in accordance with the intentions of the Clean Energy for all Europeans regulatory package of the European Commission. FlexPlan creates a new innovative grid-planning tool whose ambition is to go beyond the state of the art of planning methodologies by including the following innovative features: assessment of the best planning strategy by analysing in one shot a high number of candidate expansion options provided by a pre-processor tool, simultaneous mid- and long-term planning assessment over three grid years (2030, 2040, 2050), incorporation of a full range of cost–benefit analysis criteria into the target function, integrated transmission distribution planning, embedded environmental analysis (air quality, carbon footprint, landscape constraints), probabilistic contingency methodologies in replacement of the traditional N-1 criterion, application of numerical decomposition techniques to reduce calculation efforts and analysis of variability of yearly renewable energy sources (RES) and load time series through a Monte Carlo process. Six regional cases covering nearly the whole European continent are developed in order to cast a view on grid planning in Europe till 2050. FlexPlan will end up formulating guidelines for regulators and planning offices of system operators by indicating to what extent system flexibility can contribute to reducing overall system costs (operational + investment) yet maintaining current system security levels and which regulatory provisions could foster such process. This paper provides a complete description of the modelling features of the planning tool and pre-processor and provides the first results of their application in small-scale scenarios.

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Section: Monte-carlo-based Time Series Generation and Market Simulationmentioning

confidence: 99%

The Innovative FlexPlan Grid-Planning Methodology: How Storage and Flexible Resources Could Help in De-Bottlenecking the European System

et al. 2021

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“…The market simulation module of MILES [9] runs an integrated unit commitment and dispatch model resulting in a long-term security constrained unit commitment optimization problem with the objective to minimize the total variable generation costs. Technical and economical requirements are considered as mathematical constraints.…”

Section: An Ambitious Scenario Analysis Supporting Long-term Plannmentioning

confidence: 99%

The FlexPlan Approach to Include the Contribution of Storage and Flexible Resources in Grid Planning

Migliavacca

Rossi

Siface

et al. 2020

2020 55th International Universities Power Engineering Conference (UPEC)

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This paper describes the main features of the new European research project FlexPlan. This project aims at establishing a new grid planning methodology considering the opportunity to introduce new storage and flexibility resources in electricity transmission and distribution grids as an alternative to building new grid elements. FlexPlan will create a new innovative grid planning tool whose ambition is to go beyond the state of the art of planning methodologies, by including the following innovative features: integrated transmission distribution planning, inclusion of environmental analysis, probabilistic contingency methodologies replacing the N-1 criterion as well as optimal planning decision over several decades. Then, the new tool will be used to analyse six regional cases covering nearly the whole European continent, aimed at demonstrating the application of the tool on real scenarios as well as at casting a view on grid planning in Europe till 2050. In this way, the FlexPlan project will try to answer the question of which role flexibility could play and how its usage can contribute to reduce planning investments yet maintaining current system security levels. The project will end up formulating guidelines for regulators and planning offices of system operators.

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Investigation on the suitability of equivalent models of subtransmission level for security analyses at transmission level

Liemann¹,

Greve

Ohrem³

et al. 2020

Electric Power Systems Research

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European electricity market simulation for future scenarios with high renewable energy production

Cited by 9 publications

References 9 publications

The Innovative FlexPlan Grid-Planning Methodology: How Storage and Flexible Resources Could Help in De-Bottlenecking the European System

The Innovative FlexPlan Grid-Planning Methodology: How Storage and Flexible Resources Could Help in De-Bottlenecking the European System

The FlexPlan Approach to Include the Contribution of Storage and Flexible Resources in Grid Planning

Investigation on the suitability of equivalent models of subtransmission level for security analyses at transmission level

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