SEE Electric Power System Evolution – Periodical Monitoring of Generation/Grid Development with Surplus/Deficit Analysis and Market Study for Energy Exchanges and Price Forecasting 2020-2025
client: Terna Crna Gora (Montenegro)
type: Study
finishing date: October 2015 (updates October 2017)
team: Dusan Vlaisavljevic – Project Leader, D. Orlic, I. Mihajlovic, Z. Vujasinovic – Consultant
The objective of the study comprises three main tasks:
- performing the analysis on current surpluses/deficits and cleared energy prices realized in first half of 2015 for South East Europe (SEE) countries and Turkey;
- monitoring of generation/grid development with surplus/deficit analysis for SEE countries and Turkey till 2025;
- developing an electricity market model and performing a study for energy exchanges and price forecasting for SEE countries and Turkey in 2020 and 2025 as target years.
The first Study was completed in October 2015, with regular updates to be performed every six months until 2017, on the basis of constant monitoring and analyses of the changes in SEE region and Turkey.
Type of services provided:
- SEE Area Data collection
- Generation expansion plans/demand forecast and surplus capabilities
- Market modelling and analyses (GTMax)
- Forecast of electricity prices range
- Transmission development analysis