FlexECO
FlexECO
Multi-energy system concept
Economic Dispatch tool for Large-scale Multi-Energy Systems
"Flexible, modular, computational efficient"
Specifications:
- Based on the PowerNodes and EnergyHub Concept
- Coupled multi-layer-energy systems
- Multi-stage investment planning tool
- Benders’ decomposition (parallelization)
- Optimization objectives (flexible)
- C++ (computationally efficent)
- Spatial resolution (flexible, up to thousands of nodes)
- Temporal resolution (hourly)
- Physical transport model, Flowbased, NTC
- Hydro cascades (external python tool)
- Demand Flexibility Options
Inputs:
- Time series (Demand, Inflows, PV, Wind)
- Technological parameters
- Cost parameters (Fuel, OPEX, CAPEX, etc.)
Outputs:
- Investment decisions (capacities)
- Hourly marginal price per energy carrier
- Hourly dispatching of all the technologies
- Hourly flows in the interconnections
- Hourly utilization of storages and hydro cascades
For more information, see: FEN-webpage,
Projects using FlexECO
Reliable and economic integration to the energy strategy - RESAIL (SBB)
→ Check the interactive results:
Subsidy framework for enhancing the H2 economy (SFOE),
Opportunity cost assessment of hydropower reserve providers (ElCom),
Future scenario development and impact analysis (EIP),
Sector Coupling (SGEN),
PVPUMP (SGEN)
System Adequacy - SACH (SFOE),
Subsidy framework for enhancing the H2 economy (SFOE),
Opportunity cost assessment of hydropower reserve providers (ElCom),
Future scenario development and impact analysis (EIP),
Sector Coupling (SGEN),
PVPUMP (SGEN)
Example
Electricity 2050, all of Europe, one week (extracted from simulation results in project RESAIL)