Funding entity Endesa Medios y Sistemas S.L
This project is part of the developments of the Excom-Siroco Planning (ExSP) model, which enables the planning of the operation of Endesa's entire generation portfolio in the Iberian Peninsula, considering both the energy market and the secondary regulation reserve market. The modeling of the generation equipment is carried out with a high level of detail (thermal unit and hydraulic turbine) in a coordinated manner with other models developed by the same IIT team (EXCOM and EXLA models).
This collaboration focuses on improving the scheduling of thermal unit shutdowns and refining the decomposition strategy of hydraulic subsystems.
Layman's summary: This project is part of the developments of the Excom model, which allows: 1) determining the schedule of start-ups and shutdowns of the thermal units of ENEL-Endesa, as well as their provisional hourly scheduling, 2) determining the optimal management of hydro resources, and 3) obtaining estimates of daily market prices (MD) taking into account the complete portfolio of purchases and sales of ENEL-Endesa, as well as estimates of the behavior of competing agents. This collaboration focuses on enabling negative prices.
Techniques employed: Mixed integer linear programming
2025_EXSP_Refinamiento_SRS
