Pan-European market and network simulation model

The liberalization of the energy market enables a pan-European energy trade. Together with an increasing installed capacity of renewable energy sources this provokes new challenges for the European transmission system. New technologies and legal conditions can accomplish them. A combined simulation of the European energy markets and the energy system, regarding their interdependencies, is necessary to evaluate possible situations. In this paper a combined market and network simulation tool for the pan European Transmission network is presented. The applicability of this combined model is verified with published load flow results and market situations. The main scope of application is the network extension planning of the western European transmission network. The aggregated network model provides a sufficient macroscopic perspective with typical time series, because detailed information of single lines is not required.