D4.3.2 – Principles and usage of a multi-simulation electricity market tool (D4.7)

Abstract

his deliverable, as a part of Task 4.3, reports on the principles and usage of a multi-simulation electricity market tool. This deliverable is updated biannually to cover the most recent developments. The first version of this report focuses on the functional requirements of the tool. The functional requirements include model requirements, software and software engineering requirements, and requirement on result assessment. The model requirements refer to requirements for model linking, which include consolidation of temporal, spatial, vertical (system) scales of various power system models. The software requirements include requirements for workflow development, computational performance, model transparency, etc. The software engineering requirements focus on versioning and reliability of the tool. Finally, result assessment requirements focus on interpretation of results. In the last part of this deliverable, we review the existing software solutions that could potentially serve as the basis for the model linkage toolbox. The deliverable ends with the proposed architecture of the electricity market tool.