The European energy and electricity economy faces huge challenges: the ongoing climate change and the increasing dependency on energy imports call for concrete counter-steering strategies. Numerous measures have already been implemented in the current energy strategy of the European Union. Since the electricity sector is influenced by certain peculiarities (such as non-storability, capital intensity, longevity), the effects of the measures mentioned above need to be investigated.
Since 2002 the Institute of electricity economics and energy innovation has been working on a realistic (real economy, nominal economy and organizational architecture) model of the European electricity economy. Investing about 50 man-years from different disciplines like electrical engineering, mechanical engineering, plant engineering, business administration, economics, operations research, computer science and law made the development of this comprehensive model of the European electricity economy possible.
The simulation model ATLANTIS comprises the entire electricity economy of the ENTSO-E area and includes the relevant systemic connections. The most important elements of the part dealing with the real economy are the power plant park, the superior European transmission network (400/220-kV-level), as well as the regionalised demand of the customers.
Regarding the nominal economic part of the model, relevant European electricity utilities are integrated, including the balance sheets and profit and loss statements. All of the relevant information has been gathered through detailed investigations and has been integrated in the database, which is the core element of the model when it comes to the management of the data as well as providing the calculation results.
The simulation period extends from 2006 as a base year to 2050. At the moment the following elements are included in the model:
The power plants comprise classical fossil production facilities as well as power plants based on renewable energy.
ATLANTIS permits scientific investigations like:
The simulation model ATLANTIS has been developed in order to state scientifically sound conclusions based on scenario-analysis. These insights are able to contribute to the prosperous development of the European energy and electricity economy.
Institute of Electricity Economics and Energy Innovation Inffeldgasse 18 8010 Graz
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Publication regarding ATLANTIS