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New forecast tools to enhance the value of VRE on the electricity markets

Couto, António and Schimeczek, Christoph and Algarvio, Hugo and Preto, Isabel and Kochems, Johannes (2021) New forecast tools to enhance the value of VRE on the electricity markets. Project Report.

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Abstract

The present deliverable was developed as part of the research activities of the TradeRES project Task 4.4 - Enhancing the value of VRE on the electricity markets with advanced forecasting and ramping tools. This report presents the first version of deliverable 4.9, which consists on the description and implementation of the forecasting techniques aiming to identify and explore the time synergies of meteorological effects and electricity market designs in order to maximize the value of variable renewable energy systems and minimize market imbalances.

Item URL in elib:https://elib.dlr.de/147030/
Document Type:Monograph (Project Report)
Additional Information:Deliverable D4.9, publicly available
Title:New forecast tools to enhance the value of VRE on the electricity markets
Authors:
AuthorsInstitution or Email of AuthorsAuthor's ORCID iDORCID Put Code
Couto, AntónioLNEGUNSPECIFIEDUNSPECIFIED
Schimeczek, ChristophUNSPECIFIEDhttps://orcid.org/0000-0002-0791-9365UNSPECIFIED
Algarvio, HugoLNEGUNSPECIFIEDUNSPECIFIED
Preto, IsabelSmartwattUNSPECIFIEDUNSPECIFIED
Kochems, JohannesUNSPECIFIEDhttps://orcid.org/0000-0002-3461-3679UNSPECIFIED
Date:25 October 2021
Refereed publication:No
Open Access:Yes
Status:Published
Keywords:electricity markets; forecasting; TradeRES; agent-based modeling
HGF - Research field:Energy
HGF - Program:Energy System Design
HGF - Program Themes:Energy System Transformation
DLR - Research area:Energy
DLR - Program:E SY - Energy System Technology and Analysis
DLR - Research theme (Project):E - Systems Analysis and Technology Assessment
Location: Stuttgart
Institutes and Institutions:Institute of Networked Energy Systems > Energy Systems Analysis, ST
Deposited By: Kochems, Johannes
Deposited On:10 Dec 2021 10:44
Last Modified:10 Dec 2021 10:44

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