WP4 – Development of Open-access Market Simulation Models and Tools
Leader – DLR
Description – WP4 will develop and implement the TradeRES open-access market simulation framework. Firstly, the market models are adapted to enhance temporal, spatial and sectoral flexibility; then the implementation of new actors, markets and policy options in market models takes place. This leads to the creation of an open-access linked market-model toolbox. The development process includes the identification of input, output and interfaces between models, the development of inter-model communication libraries and the integration with a model linkage toolbox. Finally, the value of variable renewable energy on the electricity markets is enhanced with advanced forecasting and ramping tools.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.