Research projects

Integrating recurring uncertainties in ETSAP energy system models

The project addressed the following objectives:

  • Submit a report with a full description of the use of both the portfolio approach and the operational recourse approach (SPINES).
  • Transfer the knowledge to ETSAP members on how to include these approaches in the TIMES models.
  • Illustrate the approaches using examples of the electricity sector.
  • Compare the portfolio/operational recourse approaches to the deterministic perfect foresight alternative.

The implementation of the process is shown in the example model scenario files available for download below.

Project Team

Wouter Nijs, Kris Poncelet

ETSAP project Recurring Risk v11
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Scenario_Files_Fossil_Prices
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