Validation of the redispatch market

[nick-harder]

Description:

This task involves preparing a scenario for Germany for a specific year, running a simulation with the redispatch market enabled, and comparing the simulation data to historical data and literature. This validation process aims to test the implementation of the redispatch market and identify areas for improvement.

Task Objectives:

1. Prepare the Scenario:

   • Select a specific year for the scenario based on the availability of historical data and relevance.
   • Gather all necessary data, including historical electricity demand, supply, and redispatch actions for the chosen year.
   • Define the parameters and conditions for the simulation to reflect the selected year's real-world conditions.

2. Run the Simulation:

   • Implement the redispatch market in the simulation environment, ensuring all rules and mechanisms are correctly configured.
   • Execute the simulation, ensuring it accurately represents the operational dynamics of the redispatch market.

3. Data Collection and Analysis:

   • Collect simulation data, focusing on key performance metrics such as redispatch volumes, costs, and grid stability indicators.
   • Compile historical data for the selected year to use as a baseline for comparison.

4. Compare Simulation Data to Historical Data and Literature:

   • Perform a detailed comparison between the simulation results and the historical data to assess accuracy and performance.
   • Review relevant literature to benchmark the simulation outcomes against established findings and industry standards.

5. Identify and Implement Improvements:

   • Analyze discrepancies between the simulation results and historical data/literature to identify potential issues or areas for improvement.
   • Propose and implement changes to the redispatch market model or simulation parameters to enhance accuracy and performance.

6. Document Findings and Recommendations:

   • Document the validation process, including the scenario setup, simulation execution, data analysis, and identified improvements.
   • Provide a detailed report summarizing the findings and offering recommendations for further refinement of the redispatch market implementation.