How Well Do We Understand Our Power System Models? - A Hands On Exemplary Analysis Of The Time Resolution

Georgios Savvidis, Kai Hufendiek

42nd International Association for Energy Economics Annual Conference  |  Information

Due to the pending structural changes driven by the high decarbonization targets in the electricity sector, bottom-up energy system models will play a major role in the decision making process. Since models will always depict a simplified vision of reality, it is essential to understand the underlying error mechanisms which influence the results. This paper investigates the influence of time resolution and proposes an estimation method for time resolution related errors.

Supported by Federal Ministry for Economic Affairs and Energy