Project supported
by the European Commission
under the 7th Framework
Programme

The OPTIMATE technical objectives:

Each objective is covered by a single work package (WP) of the project:

O1) to build a comprehensive open simulation platform of 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)

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)

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)

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)

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)

O6) To assess the acceptance of the involved stakeholders for the studied market design changes through the ranking of such simulated market options (RISOE)

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)

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)

RESTRICTED AREA

Exchange area
for Optimate partners