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| Line 15: |
Line 15: |
| | |modelling_software=PLEXOS | | |modelling_software=PLEXOS |
| | |processing_software=MS Excel | | |processing_software=MS Excel |
| | + | |GUI=No |
| | |model_class=Market Model | | |model_class=Market Model |
| | |sectors=Electricity Market, | | |sectors=Electricity Market, |
| | |technologies=Renewables, Conventional Generation | | |technologies=Renewables, Conventional Generation |
| | + | |Storage (Gas)=No |
| | + | |Storage (Heat)=No |
| | |decisions=dispatch | | |decisions=dispatch |
| | |georegions=North West Europe | | |georegions=North West Europe |
| Line 28: |
Line 31: |
| | |deterministic=None | | |deterministic=None |
| | |is_suited_for_many_scenarios=No | | |is_suited_for_many_scenarios=No |
| − | |computation_time_minutes=1 hour | + | |montecarlo=No |
| | + | |computation_time_minutes=60 |
| | |citation_references=http://www.sciencedirect.com/science/article/pii/S0960148115001640 | | |citation_references=http://www.sciencedirect.com/science/article/pii/S0960148115001640 |
| | |citation_doi=doi:10.1016/j.renene.2015.02.048 | | |citation_doi=doi:10.1016/j.renene.2015.02.048 |
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Line 38: |
| | Congestion on Lines | | Congestion on Lines |
| | Impact of carbon prices | | Impact of carbon prices |
| | + | |Model input file format=No |
| | + | |Model file format=No |
| | + | |Model output file format=No |
| | }} | | }} |
Latest revision as of 00:16, 9 December 2016
| Model Scope |
Model type and solution approach |
| Model class
|
Market Model
|
| Sectors
|
Electricity Market
|
| Technologies
|
Renewables, Conventional Generation
|
| Decisions
|
dispatch
|
| Regions
|
North West Europe
|
| Geographic Resolution
|
Member State
|
| Time resolution
|
Hour
|
| Network coverage
|
net transfer capacities
|
|
| Model type
|
Optimization
|
|
|
Least Cost Optimization, Can be run in MIP or linear relaxed mode
|
| Variables
|
|
| Computation time
|
60 minutes
|
| Objective
|
Minimize total Generation cost
|
| Uncertainty modeling
|
None
|
| Suited for many scenarios / monte-carlo
|
No
|
|
References
Scientific references
http://www.sciencedirect.com/science/article/pii/S0960148115001640
https://dx.doi.org/doi:10.1016/j.renene.2015.02.048
Example research questions
Cost of electricity in 2020
Congestion on Lines
Impact of carbon prices
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