The European Electricity Market Model EMMA - Model Description

Lion Hirth, Oliver Ruhnau and Raffaele Sgarlato

EconStor Preprints from ZBW - Leibniz Information Centre for Economics

Abstract: The Electricity Market Model EMMA is a techno-economic model of the integrated European power system. It simulates investment, dispatch, and trade, minimizing total costs subject to a large set of technical constraints. In economics terms, it is a partial equilibrium model of the wholesale electricity market. It calculates scenario-based or green-field optima (equilibria) and estimates the corresponding capacity mix as well as hourly prices, generation, storage dispatch, flexible consumption, and cross-border trade for each market area. Technically, EMMA is a linear program, written in GAMS and solved by CPLEX on a desktop computer in about two hours. EMMA has been used for a number of peer-reviewed publications as well as in consulting projects. EMMA is open-source: the model code and input data are freely available under the MIT Software License and the Create Commons BY-SA 4.0 License, respectively, and can be downloaded from https://github.com/emma-model

Date: 2021
New Economics Papers: this item is included in nep-ene
Note: Latest version: https://emma-model.com/documentation
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/244592/1/EMMA%20Model%20Description.pdf (application/pdf)

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:zbw:esprep:244592

Access Statistics for this paper

More papers in EconStor Preprints from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().