Ben Mestel (The Open University) presents Storage, price and power modelling – the next generation
Abstract. In this talk I will review an augmented differential-equation model of an electric power system, setting the model in the context of standard power-flow modelling. The ode model incorporates conventional generation, storage, wind and solar, with the latter two viewed as exogenous input. Price is a control variable, dynamically varying according to the mismatch between demand and power output. The model is applied to the GB electricity system in the year December 2016 - November 2017. We conclude with a discussion of future enhancements to the modelling framework.
Coffee and tea will be served from 15.00 in the common area on the floor below the colloquium room (go down the stairs from the colloquium room and along the corridor).
Time: 15:30 - 16:30
Location: Room 306, Alan Turing Building, The Open University, MK7 6AA