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Project information

New integrated model for strategic bidding and operation planning in the secondary reserve market

J. García-González F.A. Campos A. Muñoz P. Otaola-Arca

January 2021 - December 2021

Funding entity Endesa Medios y Sistemas S.L

The objective of this project is to expand the SIROCO model to integrate it with the developments carried out recently in the tools EXCOM and EXLA to 1) facilitate digitization process, cloud computing and connection with Big-Data, and 2) take advantage of detailed modeling of hydro subsystems. This new integrated model will make it possible to submit quarter-hour offers to the secondary reserve market, and to obtain the bi-monthly planning for this market.

Layman's summary: This project belongs to a series of R&D activities oriented to develop decision support models used by Endesa to plan the operation of their generation resources taking into account the characteristics of the Iberian Market. In this case, this project is focused on the secondary reserve market.