2022 IEEE 7th International Energy Conference (ENERGYCON) 2022
DOI: 10.1109/energycon53164.2022.9830517
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Reserve power estimation according to the Baltic power system 2050 development plan

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“…A market simulation environment was developed specially for the case of the Baltic power system; it is based on three synthesized mathematical models in Matlab2020b software used to simulate the Baltic power system and its market and to calculate the SEW. The three mathematical models of the Baltic power system (BPS) and its market are: Baltic Power System Basic (BPS_B) [39]- [41], Baltic Power System Market Simplified (BPS_MS) , and Baltic Power System Market Detailed (BPS_MD) [41] model.…”
Section: Introductionmentioning
confidence: 99%
“…A market simulation environment was developed specially for the case of the Baltic power system; it is based on three synthesized mathematical models in Matlab2020b software used to simulate the Baltic power system and its market and to calculate the SEW. The three mathematical models of the Baltic power system (BPS) and its market are: Baltic Power System Basic (BPS_B) [39]- [41], Baltic Power System Market Simplified (BPS_MS) , and Baltic Power System Market Detailed (BPS_MD) [41] model.…”
Section: Introductionmentioning
confidence: 99%