TY - JOUR

T1 - ATLANTIS

T2 - techno-economic model of the European electricity sector

AU - Stigler, Heinz

AU - Bachhiesl, Udo

AU - Nischler, Gernot

AU - Feichtinger, Gerald

N1 - Publisher Copyright: © 2015, The Author(s).

PY - 2016/12/1

Y1 - 2016/12/1

N2 - 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.

AB - 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.

KW - ATLANTIS

KW - Capacity mechanisms

KW - DC-OPF

KW - Electricity economics

KW - Electricity network development planning

KW - Shadow prices

KW - Simulation model

UR - http://www.scopus.com/inward/record.url?scp=84940995443&partnerID=8YFLogxK

U2 - 10.1007/s10100-015-0413-8

DO - 10.1007/s10100-015-0413-8

M3 - Article

AN - SCOPUS:84940995443

VL - 24.2016

SP - 965

EP - 988

JO - Central European Journal of Operations Research

JF - Central European Journal of Operations Research

SN - 1435-246X

IS - 4

ER -