Advanced Economical Management System for the large-scale integration of renewable energies
The main objective of the project RENEWYIELD is the development of a system that allows the economic management derived from the large-scale integration of renewable energies in electrical systems.
- The project is mainly focuses on three areas:Support System for the Renewable Energies commercialization
- Electricity Markets Analysis and Simulation System
- Renewable assets management Optimization system
The system allows the efficient management of the participation of renewables at electricity market. It will optimize the renewable electricity market participation strategy, taking advantages of the new chances for renewables participation providing ancillary services from a technical and economical point of view. Cutting Edge simulation, algorithms and follow-up systems are included in this project results.
Funding: The RENEWYIELD project had an incentive granted by the Corporación Tecnológica de Andalucía (CTA), entirely subsidized by the Ministry of Economy and Knowledge of the Junta de Andalucía and by the Ministry of Economy and Competitiveness of the Spanish Government 2015-2016.