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ATLANTIS: techno-economic model of the European electricity sector

Author

Listed:
  • Heinz Stigler

    (Graz University of Technology (TU Graz))

  • Udo Bachhiesl

    (Graz University of Technology (TU Graz))

  • Gernot Nischler

    (Graz University of Technology (TU Graz))

  • Gerald Feichtinger

    (Graz University of Technology (TU Graz))

Abstract

Since the nuclear accident in Fukushima the European electricity economy has been in transition. The ongoing shut down of nuclear power plants and the widespread installation of wind power and photovoltaic generation capacities, especially in Germany, has led to a high share of intermittent renewable electricity production. This high amount of generation with very little variable cost has led to a significant decline of the prices at the European energy exchange. This has meant that many thermal power plants are no longer able to work economically and have already been shut down, although they would be needed in times of high demands and as backup capacities. Therefore, a redesign of the European electricity market is needed and in order to find out the right characteristics and effects of such a redesign pre-investigations based on simulation models are reasonable. This paper introduces ATLANTIS, which is a simulation model of the European electricity economy and covers technical as well as economic and environmental issues and allows the calculation of different scenarios up to 2050 and even beyond regarding the specific characteristics of the electricity economy. After a comprehensive introduction of the model some example applications and an outlook are presented.

Suggested Citation

  • Heinz Stigler & Udo Bachhiesl & Gernot Nischler & Gerald Feichtinger, 2016. "ATLANTIS: techno-economic model of the European electricity sector," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 24(4), pages 965-988, December.
    • Handle: RePEc:spr:cejnor:v:24:y:2016:i:4:d:10.1007_s10100-015-0413-8
    DOI: 10.1007/s10100-015-0413-8
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    References listed on IDEAS

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