Repository logo
 
Publication

Temporal flexibility options in electricity market simulation models: Deliverable D4.1

dc.contributor.authorCouto, António
dc.contributor.authorSchimeczek, Christoph
dc.contributor.authorJosé, Débora Regina S.
dc.contributor.authorAlgarvio, Hugo
dc.contributor.authorKochems, Johannes
dc.contributor.authorNienhaus, Kristina
dc.contributor.authorPinto, Tiago
dc.contributor.authorHelistö, Niina
dc.contributor.authorJohanndeiter, Silke
dc.contributor.authorEstanqueiro, Ana
dc.date.accessioned2022-01-24T17:51:35Z
dc.date.available2022-01-24T17:51:35Z
dc.date.issued2021-08
dc.descriptionProject TradeRES - New Markets Design & Models for 100% Renewable Power Systems: https://traderes.eu/about/pt_PT
dc.description.abstractABSTRACT: This report covers the implementation of temporal flexibility options in TradeRES’ agent-based electricity market simulations models. Within this project, the term “temporal flexibility option” was defined as an asset or measure supporting the power system to balance electric demand and supply and compensate for their stochastic fluctuations stemming from, e.g., weather or consumer behaviour by adjusting demand and/or supply as a function over time or by reducing their forecast uncertainty. Other reports from the same work package of TradeRES are published almost simultaneously, each focussing on another aspect of market model enhancements. These accompanying reports address sectoral flexibility, spatial flexibility, actor types, and modelling requirements for market designs. Flexibility options covered in this report were selected with regard to a predominantly temporal characteristic, a contribution to TradeRES’ assessment of market designs, and the feasibility to be implemented in at least one of the agent based models (ABM) during the project’s lifetime. The technical aspects of “Load shedding”, “Load shifting”, “Electricity storage”, and “Real-time pricing” were selected for implementation. In addition, the following new electricity market products were selected for implementation: “Rolling market clearing”, “Trading with shorter time units”, and “Variable market closure lead times”.pt_PT
dc.description.versionN/Apt_PT
dc.identifier.citationCouto, António... [et.al.] - Temporal flexibility options in electricity market simulation models: Deliverable D4.1. Project report of WP4 - Development of Open-access Market Simulation Models and Tools, Deliverable nº D4.1, DLR, 2021, 50 pp.pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.9/3721
dc.language.isoengpt_PT
dc.relationTools for the Design and modelling of new markets and negotiation mechanisms for a ~100% Renewable European Power Systems
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectRenewable energy sourcespt_PT
dc.subjectElectricity marketspt_PT
dc.subjectAgent-based modelingpt_PT
dc.subjectModellingpt_PT
dc.subjectSimulationpt_PT
dc.titleTemporal flexibility options in electricity market simulation models: Deliverable D4.1pt_PT
dc.typereport
dspace.entity.typePublication
oaire.awardTitleTools for the Design and modelling of new markets and negotiation mechanisms for a ~100% Renewable European Power Systems
oaire.awardURIinfo:eu-repo/grantAgreement/EC/H2020/864276/EU
oaire.citation.titleTemporal flexibility options in electricity market simulation models: Deliverable D4.1pt_PT
oaire.fundingStreamH2020
person.familyNameCouto
person.familyNameHelistö
person.familyNameEstanqueiro
person.givenNameAntónio
person.givenNameNiina
person.givenNameAna
person.identifier.ciencia-id2619-80A1-A8AC
person.identifier.ciencia-idB01D-304F-6CD3
person.identifier.ciencia-id7F11-A24D-EE81
person.identifier.orcid0000-0002-7368-8817
person.identifier.orcid0000-0002-4129-838X
person.identifier.orcid0000-0001-9818-4669
person.identifier.orcid0000-0002-0476-2526
person.identifier.ridJ-9752-2012
person.identifier.scopus-author-id57195325709
person.identifier.scopus-author-id19336967700
project.funder.identifierhttp://doi.org/10.13039/501100008530
project.funder.nameEuropean Commission
rcaap.rightsopenAccesspt_PT
rcaap.typereportpt_PT
relation.isAuthorOfPublicationa0c5b011-98c5-49d3-9ac6-ddfb6027f500
relation.isAuthorOfPublication63bffd90-c233-4ffe-b222-d5b12e31ae33
relation.isAuthorOfPublication5c618849-067d-477d-9e2d-0b209178bcbe
relation.isAuthorOfPublication20aa31b3-fa3c-42b7-82a4-e6b91c017f9c
relation.isAuthorOfPublication.latestForDiscovery5c618849-067d-477d-9e2d-0b209178bcbe
relation.isProjectOfPublication7d7e6f9b-bf23-4adc-8f93-2061ef327e26
relation.isProjectOfPublication.latestForDiscovery7d7e6f9b-bf23-4adc-8f93-2061ef327e26

Files

Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
D4.1_TemporalFlexibilityOptions_H2020.pdf
Size:
1.55 MB
Format:
Adobe Portable Document Format