by the European Commission
under the 7th Framework
Each objective is covered by a single work package (WP) of the project:
O1) to build a comprehensive open simulationof European electricity markets capable of testing the efficiency of various market designs (both currently operating and new) with regards to the integration of massive intermittent generation (RTE)
This platform is based on a meta-model model whose components will rely on previous EU project outputs, on recent research work at RTE and on the field expertise of the TSOs (REE, ELIA, EnBW) which have joined the project, complemented by the past related work of RISOE and simulation activities by ARMINES, K.U.Leuven, and U. Comillas.
O2) to validate the model component performances when dealing with operators and market stakeholder behaviours during the TSO-driven balancing phase (i.e. mostly after gate closure) ()
Red Electrica (REE) leads this Work Package, thus bringing the knowledge of the most up to date tools for wind power management and for photovoltaic power forecast implemented in Spain, and comparing them with solutions used in the other participating countries (RTE and EnBW). RISOE and U. Comillas bring further expertise concerning new variants of market design to be tested.
O3) to validate the model component performances when dealing with the market stakeholder behaviours during the day-ahead and intra day phase (i.e. when area prices are revealed) ()
EnBW leads this Work package, introducing the German market features and leaning on RTE, REE, ELIA and 50Hz Transmission; RISOE and U. Comillas bring further expertise for the markets under scrutiny.
O4) to compare the economic and social benefits of various market designs which deal with massive intermittent generation based on simulations assuming unbiased stakeholder behaviours ()
RTE leads this first batch of demonstrative simulations, based on data that mimic a power system including national markets of the involved TSOs, but also meet the confidentiality constraints requested from TSOs towards the other market players. ARMINES will significantly contribute to studies. Demonstration are followed by REE and EnBW as TSOs and by K.U.Leuven, UNIMAN and SEAES from the academic world
O5) To test the robustness of the assumptions and promising market designs when one or more market participants exhibit strategic or non-optimal behaviours ()
K.U.Leuven will implement agent based techniques and couple them with the simulation platform developed to reach objective O4. Assumptions and outputs shall be looked through by a panel of TSOs and academic players within the Consortium (RTE, REE, EnBw, UNIMAN, SEAES and U. Comillas)
O6) To assess the acceptance of the involved stakeholders for the studied market design changes through the ranking of such simulated market options ()
RISOE, with the help of University of Manchester will analyse the simulation results to provide a detailed analysis of the tested market designs. A special focus will be put on mitigating measures and on stakeholders acceptance as it is unlikely that a unique ideal market design shall emerge. These developments will be looked through by a panel of TSO sand academic players within the Consortium (RTE, REE, EnBw, K.U.Leuven, SEAES and U. Comillas).
O7) To provide regulatory authorities at EU and national level with structured recommendations regarding the prospects of new market designs in favour of efficient market integration of massive intermittent generation ()
EUI (Pr Glachant) will prepare the messages for regulatory authorities, based on direct contacts, developing on the demonstration results obtained above. These developments will be accompanied by a panel of TSOs and academic players within the Consortium (RTE, REE, EnBw, K.U.Leuven, U. of Manchester and U. Comillas).
O8) To progressively disseminate the project findings to regulatory bodies, to the TSO European community and to the generators in view of an early take up of the recommendations ()
TECHNOFI manages the dissemination activities with the support of the technical management of RTE
for Optimate partners