Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/244592
Authors: 
Hirth, Lion
Ruhnau, Oliver
Sgarlato, Raffaele
Year of Publication: 
2021
Publisher: 
ZBW - Leibniz Information Centre for Economics, Kiel, Hamburg
Abstract: 
The Electricity Market Model EMMA is a techno-economic model of the integrated European power system. It simulates investment, dispatch, and trade, minimizing total costs subject to a large set of technical constraints. In economics terms, it is a partial equilibrium model of the wholesale electricity market. It calculates scenario-based or green-field optima (equilibria) and estimates the corresponding capacity mix as well as hourly prices, generation, storage dispatch, flexible consumption, and cross-border trade for each market area. Technically, EMMA is a linear program, written in GAMS and solved by CPLEX on a desktop computer in about two hours. EMMA has been used for a number of peer-reviewed publications as well as in consulting projects. EMMA is open-source: the model code and input data are freely available under the MIT Software License and the Create Commons BY-SA 4.0 License, respectively, and can be downloaded from https://github.com/emma-model
Additional Information: 
Latest version: https://emma-model.com/documentation
Creative Commons License: 
https://creativecommons.org/licenses/by/4.0/
Document Type: 
Working Paper

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