Short description
The Contracting Authority wants to purchase Electricity Market Modelling Software.
Energinet is relaying on electricity market forecasts as the foundation for any analysis, business case, electricity adequacy, budgeting, and other studies. Making qualified guesses on future elec-tricity prices, emissions, constraints, and market dynamics through simulations is therefore of great importance for Energinet.
Energinet does this through market models, that can simulate a wide range of possible future European energy systems (electricity, heat, and hydrogen) on an hourly basis. The needs for Ener-ginet include a State-of-the-art electricity market model with the ability to handle sector coupling, i.e., gas, hydrogen, and heat. State-of-the-art is defined by market models able to handle complex international studies, such as ERAA22 and TYNDP22, while also having capabilities to simulate hydro power through water value calculation algorithms.
The Contracting Authority wants to purchase Electricity Market Modelling Software.
Energinet is relaying on electricity market forecasts as the foundation for any analysis, business case, electricity adequacy, budgeting, and other studies. Making qualified guesses on future electricity prices, emissions, constraints, and market dynamics through simulations is therefore of great importance for Energinet.
Energinet does this through market models, that can simulate a wide range of possible future European energy systems (electricity, heat, and hydrogen) on an hourly basis. The needs for Energinet include a State-of-the-art electricity market model with the ability to handle sector coupling, i.e., gas, hydrogen, and heat. State-of-the-art is defined by market models able to handle complex international studies, such as ERAA22 and TYNDP22, while also having capabilities to simulate hydro power through water value calculation algorithms.
As Energinet will have users using the model on a day-to-day basis as well as users with more moderate needs, a flexible user access structure is needed. The wide range of user types also demands for an intuitive and logical Graphical User Interface (GUI) so that users quickly can get familiar with the model and themselves input data, run simulations, and access results. Results from the market model should be a wide array of detailed data relevant to the energy system, e.g., flows, prices generation, emissions, adequacy indicators, water values.
The model needs to be suitable for implementation and running on private cloud (or on-premises) solutions. The underlying data and databases will be available for Energinet users only. Energinet should be able to backup, store and restore databases up to 10 years back in time – meaning that the supplier must provide solutions so that this can be achieved. After end of contract a view-only mode should be available for Energinet, so that any archived databases can be restored with all input- and output data.
For further details concerning the purchase, reference is made to the Tender Documents.