Funding entity Institute for Systems and Computer Engineering, Technology and Science (INESC TEC)
CEVESA is a dynamic multizonal generation expansion planning model for the Spanish power system (assumed as a single-node), that considers both investments made by distributed customers in Distributed Energy Resources (DER: generation and storage) and by generation companies (GENCOs) in Centralized Resources (CR: conventional thermal generation plants, renewable generation and centralized storage). It is also connected with the transport sector by including investments decisions on Electric Vehicles (PEV) and Internal Combustion Engine Vehicles (CEV), considering infrastructure deployment, fuel, and social and environmental costs of both technologies. The model is based on a multizonal conjectural-variation equilibrium with price-response conjectures with hourly detail, energy and endogenous secondary reserve requirements, ramping constraints, and start-ups and shut-downs.
CEVESA_12_5
