ATLANTIS: techno-economic model of the European electricity sector

Heinz Stigler (), Udo Bachhiesl (), Gernot Nischler () and Gerald Feichtinger ()
Additional contact information
Heinz Stigler: Graz University of Technology (TU Graz)
Udo Bachhiesl: Graz University of Technology (TU Graz)
Gernot Nischler: Graz University of Technology (TU Graz)
Gerald Feichtinger: Graz University of Technology (TU Graz)

Central European Journal of Operations Research, 2016, vol. 24, issue 4, No 10, 965-988

Abstract: Abstract Since the nuclear accident in Fukushima the European electricity economy has been in transition. The ongoing shut down of nuclear power plants and the widespread installation of wind power and photovoltaic generation capacities, especially in Germany, has led to a high share of intermittent renewable electricity production. This high amount of generation with very little variable cost has led to a significant decline of the prices at the European energy exchange. This has meant that many thermal power plants are no longer able to work economically and have already been shut down, although they would be needed in times of high demands and as backup capacities. Therefore, a redesign of the European electricity market is needed and in order to find out the right characteristics and effects of such a redesign pre-investigations based on simulation models are reasonable. This paper introduces ATLANTIS, which is a simulation model of the European electricity economy and covers technical as well as economic and environmental issues and allows the calculation of different scenarios up to 2050 and even beyond regarding the specific characteristics of the electricity economy. After a comprehensive introduction of the model some example applications and an outlook are presented.

Keywords: Electricity economics; ATLANTIS; Simulation model; Electricity network development planning; DC-OPF; Capacity mechanisms; Shadow prices (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10100-015-0413-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:cejnor:v:24:y:2016:i:4:d:10.1007_s10100-015-0413-8

Ordering information: This journal article can be ordered from
http://www.springer. ... search/journal/10100

DOI: 10.1007/s10100-015-0413-8

Access Statistics for this article

Central European Journal of Operations Research is currently edited by Ulrike Leopold-Wildburger

More articles in Central European Journal of Operations Research from Springer, Slovak Society for Operations Research, Hungarian Operational Research Society, Czech Society for Operations Research, Österr. Gesellschaft für Operations Research (ÖGOR), Slovenian Society Informatika - Section for Operational Research, Croatian Operational Research Society
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().