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The Integrated MARKAL EFOM Model
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by IEA-ETSAP
Authors:
IEA-ETSAP
Contact:
George Giannakidis
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The TIMES model generator combines two different, but complementary, systematic approaches to modelling energy: a technical engineering approach and an economic approach. TIMES is a technology rich, bottom-up model generator, which uses linear-programming to produce a least-cost energy system, optimized according to a number of user constraints, over medium to long-term time horizons.
Based on GAMS. Using EXCEL, VEDA, ANSWER for data processing.
[www.etsap.org Website / Documentation]
Download
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 Open Source
GNU General Public License version 3.0 (GPL-3.0)
Directly downloadable
 No data shipped
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| Model Scope |
Model type and solution approach |
| Model class
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Local, National, Regional Global models developed using TIMES
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| Sectors
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All sectors
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| Technologies
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Renewables, Conventional Generation, CHP
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| Decisions
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dispatch, investment
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| Regions
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Local, National, Regional, Global models
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| Geographic Resolution
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Local, National, Regional, Global models
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| Time resolution
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Hour
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| Network coverage
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transmission, DC load flow, net transfer capacities
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| Model type
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Optimization
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Partial equilibrium, least cost optimisation, with MIP, NLP options. Perfect foresight and myopic options.
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| Variables
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| Computation time
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5 mins - hours"mins-hours" is not declared as a valid unit of measurement for this property. minutes
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| Objective
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Total discounted system cost minimisation
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| Uncertainty modeling
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Deterministic, perfect foresight, myopic, stochastic.
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| Suited for many scenarios / monte-carlo
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Yes
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References
Scientific references
Documentation for the TIMES Model, R. Loulou, G. Goldstein, A. Kanudia, A. Lehtila, U. Remme, 2016
Reports produced using the model
https://iea-etsap.org/index.php/documentation
Example research questions
https://iea-etsap.org/index.php/documentation
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