Project information
Implementation of hourly Monte Carlo simulations in long-term forecasting
December 2024 - December 2025
Funding entity Endesa S.A
The aim of this project is to improve the quality of future forecasts by performing a new hourly Monte Carlo simulation in VALORE-HEPLASE for the BIP horizon.
Research topics:
- Electricity market models with high RES generation penetration
- Short- and medium-term hydrothermal models
- Market models for electricity, natural gas, and renewable gases
2025_HEPLASE-T1