Work Package #2

WP2 – Optimal electricity trading with ~100% RES: Generation of a reference power system, scenarios and input market data

Leader – VTT

Description – WP 2 aims at constructing reference energy systems for 2030 and beyond, minimizing total system costs, finding plausible sets of future scenarios and creating optimal system benchmarks. For this, WP2 defines scenarios and input data for electricity (and energy) system optimization models and pricing. The improvement of current state-of-the-art models for ~100% renewable electricity systems is approached by representing all energy sectors, representing flexibility resources and needs and dealing with the operational detail in the investment phase. Optimized market scenarios for power systems with nearly 100 % renewable energy sources are a direct result of this WP, which will be used for the simulation studies performed in WP5.