Profit-optimized trading of flexible power generation from renewable power plants like biomass or biogas.
Renewable power generation shall be traded at the following markets
- Secondary reserve market
- Tertiary reserve market
- EPEX Day-Ahead auction
- EPEX Intraday auction
- EPEX Intraday continuous trading
taking into account
- legal frameworks
- contractual constraints
- physical constraints
- market rules
Therefore, the power generation units spread all over Germany are to be bundled in virtual power plants.
Development of a mathematical optimization model; development of a data base comprising all in- and output data for the model; development of a software to supply the data, operate the model, and provide results; implementation of workflows and interfaces to integrate the model into the existing IT-Landscape