Our presentation
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Next Generation Energy Market Modeling Requirements
The presentation will focus on the changing energy landscape and the new modeling requirements to support energy planners, regulators, investors, and traders. Renewable energy, batteries, hydrogen, electrification of transport and heating are changing the game and are necessary for decarbonization planning. Furthermore, the relationships between renewable production and gas demand drives the need to understand the interplay between power and gas. Zonal, sub-zonal, and nodal modeling may change UK/Europe energy trading and modeling landscapes. Black Swan events also create the need for modeling for uncertainty and grid resilience. All these issues lead to larger optimization problems which create demand for agile compute and scalable IT infrastructures to manage these new challenges
