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Project information

Assessing and forecasting on the iberian electricity market

J. Reneses A.R. Delgadillo A. Bello P. Dueñas

January 2013 - December 2013

Funding entity Endesa


This project is framed into the on-going cooperation line followed by Endesa and IIT since 1998 in the framework of operation and planning in the context of the Iberian electricity market. Specifically, it focuses on improving and updating the tool VALORE for medium term operation in electricity markets to changing needs of users and the structural and regulatory developments in the electricity sector. The tasks envisaged include forecasting extreme prices in the market, improvements in the use of system states and improving the interaction with the operation model of the gas system.


2013 AGM