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This page shows the papers published by the project group or others. They can in general only be downloaded in PDF format. For viewing Acrobat Reader, a free PDF viewer, can be downloaded from Adobe.

Balmorel model documents:

Balmorel: A Model for Analyses of the Electricity and CHP Markets in the Baltic Sea Region (Balmorel main report, March 2001)

The Balmorel Model: Theoretical Background (March 2001).

The Balmorel Model Structure (to model version 2.11, July 2004)

The Balmorel Model Structure (to model version 2.12 Alpha, July 2005)

Elasticities - A Theoretical Introduction (February 2001)

Balmorel – Data and Calibration Version 2.05 (March 2001). The data presently in the Balmorel model are updated relative to this report. However, the report contains background material and methodological considerations.

Balmorel - Getting started (to model versions 2.11, and 2.12)

The Balmorel Model Structure: The Gas add-on Module

Other Balmorel documents:

System analysis of a potential CAES (Compressed Air Energy Storage) unit in Denmark was done as a Maters's thesis at the Technical University of Denmark by Jakob Rud.

The present paper applies Balmorel for investment analyses: Jensen, S.G.; Meibom, P., Investments in liberalised power markets. Gas turbine investment opportunities in the Nordic power system. Int. J. Electr. Power Energy Syst. (2008) 30 , 113-124.

Karlsson, K., Meibom, P., “Optimal investment paths for future renewable based energy systems – Using the optimisation model Balmorel”, International Journal of Hydrogen Energy, Vol. 33, pp. 1777-1787, 2008.

Steps for improved congestion management and cost allocation for transit (2007), get it here.

Det danske gas- og elsystem (2007)

For data and further description related to the Gas add-on module, contact the webmaster.

Investment in new transmission capacity between Estonia and Finland - effects on the electricity market and welfare (2006)

Modelling Imperfect Competition on the Nordic Electricity Market with Balmorel (2005)

Integration of a Hydrogen Economy into the German Energy System: an Optimising Modelling Approach (2005)

Power Sector Development in a Common Baltic Electricity Market (2005), get it here.

Modelling of energy supply systems by the Balmorel model, get it here (2005).

Integration of Energy Saving Technologies and Learning Curves into Balmorel (2004/2006)

Modelling of short term electricity prices, hydro inflow and water values in the Norwegian hydro system - Proceedings, 6th IAEE European Conference, Zürich, 2004

Modelling Market Power in the Nordic Electricity Spot Market in the Balmorel Model - presentation at 'Energi & IT 2004', Göteborg 14-15 January 2004

Balmorel - Energy System Modelling with Open Source Code and Data, Orbit, August 2003.

Balmorel skaber bedre grundlag for beslutninger - interview with Hans Ravn by Steen  Hartvig Jacobsen EnergiNyt Nr. 1.2003, April 2003 (in Danish)

Interconnected hydro-thermal systems - Models, methods, and applications, find it here at Informatics & Mathematical Modelling at the Technical University of Denmark.  

Economic analyses in the electricity sector in Lithuania (2002)

Economic analyses in the electricity sector in Lithuania - Executive summary (2002)

Co-existence of Electricity, TEP, and TGC Markets in the Baltic Sea Region

Market Power - Analysis of the Nordic electricity system using the Balmorel model (presentation from the seminar ’Risk Management and Investments in a Liberalised Electricity Market, Copenhagen, Denmark, September 2001)

Multiresolution modelling of hydro-thermal systems (paper presented at the conference Power Industry Computer Applications, PICA 2001, Sydney, Australia, May 2001)

Bottom up modelling of an integrated power market with hydro reservoirs (extended version of a paper presented at the conference Simulation, Gaming, Training and Business Process Reengineering in Operations, Riga, Latvia, September 2000)

Elastic electricity and heat demand in the Balmorel model (paper presented at the conference Simulation, Gaming, Training and Business Process Reengineering in Operations, Riga, Latvia, September 2000)

The Baltic Sea Region electricity market and the co-existence of markets for CO2 emission quotas and renewable electricity certificates (revised version of a working paper presented at the workshop: Multiregion Models, Energy markets, and environmental policies, Helsinki, Finland, March 2000)

Bottom up modelling of a liberalized power market (working paper presented at the workshop: Multiregion Models, Energy markets, and environmental policies, Helsinki, Finland, March 2000)