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MORSE: Simplified model of the electricity Spanish sector, for strategic medium and long term analysis

J. Villar F.A. Campos C.A. Díaz

February 2007 - February 2008

Funding entity Indra-Endesa


MORSE is a complete but simplified model of the Spanish electricity industrial sector, which is being developed by the Instituto de Investigación Tecnologica (IIT) in collaboration with the Energetic Planning Subdirection (SPE) of the Spanish electricity utility Endesa. It is intended for strategic analysis of the evolution of this industrial sector, especially when changes of the utilities structure, new regulations, or new generation technologies take place. Its core is EQUITEC, a market Nash equilibrium model, where the generation has been represented at the technology level, instead of considering generation units individually. These tools are integrated in the SPE information system, which provides advanced tools for sensitivity analysis, multi scenario simulation, and advanced report mechanisms.


MORSE-2007