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Project information

Assessing and forecasting on the Iberian Electricity Market. Modeling operational states

January 2012 - December 2012

Funding entity Endesa


This project is framed into the on-going cooperation line followed by Endesa and IIT since 1998 in the framework of operation and planning in the context of the Iberian electricity market.
Specifically, AGM 2012 is focused on the modeling of operational states that will substitue the traditional load levels used in mid-term models. Besides, the project will cope with the forecast of abnormal low prices in the day-ahead market, as well as the adaptation of the methodology to the forecasting of abnormal high prices. Finally, the interaction with a natural gas operation model and the joint optimization of different markets will be addressed in the project.


2012_AGM