Market modelling - electricity, gas, oil and coal

SINTEF has developed a model which simulates the balance between what is on offer and market demands in a geographically subdivided hydrothermal electricity system. This model (the Grid Simulation Model) is used by many players within the Nordic energy market to obtain price forecasts and impact analyses.

The prices of the various energy carriers are included among the model's input data. The user of the model controls which markets will be modelled with the aid of the input data. SINTEF has a data set which describes the entire European electricity market.

SINTEF is also working with issues linked to the integration of the electricity markets, gas markets, quota markets and a potential market for renewable energy certificates.


Published March 23, 2012

Contact:
Birger Mo