To contribute to the development of multi-regional energy models of both global and sectoral nature.
The goal of the research project is twofold.
A first sub-project looks at the inclusion of considerations of security of supply in a multi-regional electricity model. Shortage is taken into account through expected shortage costs that are added to the operations cost. The evaluation of the expectation is made by resorting to bounding techniques. A particular attention is given to the construction of upper bounds on the expected operations and shortage cost. These techniques are to be implemented in the SPIDER models developed before for looking at electricity and natural gas exchanges in the Community.
The second sub-project considers a world wide energy model. The work is conducted in three parts. One deals with the simulation of primary consumption in the different regions of the world. A second part is concerned with the supply of fossil energy. Finally, the third task deals with the construction of scenarios obtained by simulating the dynamics of international markets. This contract covers studies up to the year 2010. Various data are necessary in order to support this development. In order to provide these data as well as to serve other needs of the Commission, the construction of the SITRE data base has also been undertaken in this project. SITRE will provide data on non renewable energy reserves, exploration and production, technological development as well as simplified energy balances.
Funding SchemeCSC - Cost-sharing contracts