Participation in PhD Workshop LARS​

We had the privilege of attending the Loyola Autumn Research School by the Florence School of Regulation, where young energy system modelers were taught how to create an impact with their research.
The experience, alongside top instructors and international peers, was truly inspiring and enriching!
👉 Stay tuned as we share key takeaways and insights!
#LARS #FSR #PhD #EnBW

Image credits: https://www.linkedin.com/company/43181480/admin/page-posts/published/

8th Hybrid Power Plants & Systems Workshop: Three Papers

We’re pleased to present our contributions at the 8th Hybrid Power Plants & Systems Workshop in the Azores! Here’s a quick look at our three papers:

  • Probabilistic Forecasting for Hybrid Wind-Solar Plants
    An Optimized Probabilistic Forecasting Approach for Hybridized Wind Power Plants. This paper explores how probabilistic forecasting boosts the value of hybrid wind-solar plants.

  • Energy Management in MIBEL Communities
    Energy Management in Energy Communities with Participation in MIBEL. This research discusses how probabilistic forecasts improve profitability for energy communities within the Iberian Electricity Market.

  • Enhancing Local Energy Communities
    Local Energy Communities: Enhancing Collective Investments and Profitability of Distributed Energy Resources. This work explores how integrating local energy communities with MIBEL enhances the value of distributed renewables.

For more details, visit our blog: https://traderes.eu/blog

Participation at EEM24: Five Papers

We are excited to share highlights from our recent participation at the 2024 20th International Conference on the European Energy Market (EEM24) in Istanbul. Here’s a brief overview of the five papers we presented:

  • Reducing Market Splitting
    Dynamic line rating can significantly reduce market splitting and lower costs in the Iberian electricity
  • New Imbalance Settlement Mechanism
    A novel mechanism with double pricing and penalties to improve self-balancing in energy markets.
  • Dynamic Reserve Capacity Procurement
    An approach to enhance reserve capacity management amid high renewable energy, improving efficiency and resource use.
  • Impact of Local Energy Markets
    Exploring how scaling up local energy markets influences wholesale prices and trading volumes.
  • Cost Recovery for Renewables
    Assessing how different support schemes affect the cost recovery for renewable energy sources in Germany.

For more details, visit our papers page: https://traderes.eu/papers/

Release of Deliverable 3.2 (2nd Edition)

The 2nd edition of 3.5 is now available, offering an in-depth analysis of electricity market actors. This report identifies various market participants and characterizes their behavior and operations, with a focus on both traditional roles and emerging functions in flexible technologies.

The updated document is available for free, link here.

Additionally, Deliverable 5.2 will be released in the coming days, stay tuned for more updates!

Newsletter 8

📬 Thrilling Announcement! 🎉 Our most recent newsletter has just been released!
📰 Immerse yourself in a realm of exclusive updates, insightful content, and more!
Don’t miss the excitement – subscribe today (accessible on the main page) for a prime view of all things!

Download the PDF: here

Breaking News: Project Extended

Exciting News Unveiled! 🚀 We’re thrilled to announce that our project has been granted an extension.

This opens up new opportunities for continuous improvement and deepening our impact. Stay tuned.

Dive into Our Latest Publications

🔍 Have you checked out our latest publications yet?
📚 Dive into our content and explore the valuable insights we’ve shared! 💡 Don’t miss out on the information and updates waiting for you.

Visit our page at https://traderes.eu/papers and stay in the loop.

TradeRES at Enlit Europe

The TradeRES project made a notable appearance at Enlit Europe in Paris, France. The project was showcased at a dedicated stand, where we presented specific topics and engaged in various sessions, including a sister-project session organized by the frESCO H2020 Project during Enlit Europe (as seen in the image below). It was a fantastic opportunity to share the accomplishments and results of the TradeRES project with the enthusiastic Enlit Europe community.

Over three days, we had insightful discussions, engaging talks, and valuable networking experiences.

​​#EnlitEurope #IAmEnlit