Funding entity Endesa
MORSE is a model of the Spanish electricity sector, developed by the Institute for Research in Technology (Instituto de Investigación Tecnológica, IIT) in collaboration with Endesa. It is intended for strategic analysis of the evolution of this sector, especially when changes of the utilities structure, new regulations, or new generation technologies take place.
This collaboration focuses on improving the hourly equilibrium model (with endogenous conjecture computation) for providing energy and reserve prices, on applying the equilibrium model with network constraints and endogenous conjecture computation to the European market, and on including investments signals in the core tools to be able to make feasible extreme forecast scenarios, such as those with massive interruptible generation.
MORSE-2012
