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Project information

Assessing and forecasting on the Iberian electricity market

January 2014 - December 2014

Funding entity Endesa


This project is framed into the on-going cooperation line followed by Endesa and IIT in the framework of operation and planning in the context of the Iberian electricity market. Specifically, it focuses on improving and updating the tool VALORE for medium term operation in electricity markets to changing needs of users and the structural and regulatory developments in the electricity sector. The tasks envisaged include forecasting hourly prices in the electricity market, the development of a tool to forecast hourly wind generation, and the optimization of the fuel mix of Endesa's generation units.


2014_AGM