Medium- and long-term planning in the Iberian electricity market. Consideration of uncertainty in the forecasts

January 2017 - December 2017

Funding entity Enel Iberoamerica S.R.L

This project continues with previous collaborations between IIT and Endesa on medium and long-term planning of the Iberian electric energy market (MIBEL). The expected tasks include the improvement of medium- and long-term forecasts, especially with regard to the characterization of the uncertainty of multiple risk variables and the widespread use of Montecarlo simulations and hourly executions. It also addresses the improvement of the TPA modeling, as well as a training course for new users of VALORE.

Research topics:

2017_HEPLASE