| Model Scope |
Model type and solution approach |
|
|
| Model type
|
Optimization
|
|
|
Linear program
|
| Variables
|
|
| Computation time
|
5 minutes
|
| Objective
|
Total system cost
|
| Uncertainty modeling
|
Sensitivities (many)
|
| Suited for many scenarios / monte-carlo
|
No
|
|
References
Scientific references
Example research questions
Long-term market value of wind and solar power; Optimal share of wind and solar power in electricity generation; Explaining electricity price development
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