The OPTIMATE1 platform focuses on electricity system and market designs modelling in order to assess current and innovative designs in Europe. The current paper describes the results of the first validation studies' conducted with the tool. These studies deal with day-ahead market rules, load flexibility, cross-border management and intermittent renewable support schemes with a view to better integrating large amounts of renewable energy in Europe. Market and system designs were assessed based on economic efficiency, security of supply2 and environmental impact3 indicators. These results give a promising insight into the tool and its possible future use by transmission system operators, regulators, and other public entities.
10th International Conference on the European Energy Market (eem), 2013
environmental factors; power generation economics; power markets; power system management; renewable energy sources; Power, Energy and Industry Applications
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10th International Conference on the European Energy Market, 2013