Energy Systems and Markets

The energy system of the future is formed today. Over the next decade billions of euros will be invested in new generation and transmissions capacity in order to manage the transformation to a sustainable energy system, driven by objectives like  reduction of emissions, continued economic growth, energy security and local environment. In this session we present model based research addressing  quantitative analysis of energy systems and markets. Examples of relevant topics are:

Energy scenario studies: Long-term models addressing energy system transitions until 2050 or beyond.

Linked models for economic analysis and energy systems: Research that link energy system models with economic models in order to understand better the interaction between economic growth, energy prices and demand.

Energy market design: Factors that motivate new market design are market integrations, new intermittent generation, capacity markets, policy instruments  and demand side management.

Managing storage and intermittent energy :  The new intermittent power generation has made research on energy storage relevant.  Here we focus on how to model energy storage in both long-term and short-term analysis.

Short-term  scheduling: Here we focus on hydro thermal scheduling and integration of intermittent generation in the markets. Also models addressing the scheduling and utilization of demand side management is important in this time horizon.

Organisers:

Asgeir Tomasgard, Department of industrial economics and technology management, NTNU

Stein-Erik Fleten, Department of industrial economics and technology management, NTNU

Trine Krogh Boomsma, University of Copenhagen

Afzal Siddiqui, University College London

 

List of participants