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Procurement process for RD Project on Power Market Analysis in Iberia. Tender, Luxembourg - 100470525

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China Three Gorges (Europe) S.A. has floated a tender for Procurement process for RD Project on Power Market Analysis in Iberia.. The project location is Luxembourg and the tender is closing on 26 May 2024. The tender notice number is , while the TOT Ref Number is 100470525.

Procurement Summary

Country : Luxembourg

Summary : Procurement process for RD Project on Power Market Analysis in Iberia.

Deadline : 26 May 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 100470525

Document Ref. No. :

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

Purchaser : China Three Gorges (Europe) S.A.
Head office at 10B, Rue des Mérovingiens, L-8070 Luxembourg, registered number B164928 Contact Person: Claudia Morais Email : claudia_morais@ctgeu.com Liu Zijie Email: liu_zijie@ctgeu.com
Luxembourg

Tender Details

Tenders are invited for Procurement process for RD Project on Power Market Analysis in Iberia.
This research project aims to analyse the power market in the Iberian Peninsula, focusing on integrating long-term price forecasting and short-term dispatch options for renewable energy system (RES) promoters. It consists of two main research points:

1-Technical Survey on Ancillary Services:
• Model and simulate the provision of ancillary services in Portugal and Spain, identifying needs, volumes, and new flexibility provision services/products.
• Identify technologies capable of responding to electrical disturbances and recommend revenue potentials based on technical capabilities.
• Determine ancillary service needs and additional inertia in Spain and Portugal.
• Test international coordination of reserve provision platforms within European Transmission System Operators (TSOs).
• Identify remuneration mechanisms for ancillary and flexibility services in Iberian control areas.
• Conduct a technical case study using CTGE assets for ancillary services in Spain.
2-Market Model Simulation Platform Development:
• Develop a simulation model to assess the economic viability of providing ancillary services with current and new assets.
• Compute intraday and day-ahead electricity prices for economic assessment.
• Create methodologies for assessing ancillary services provision and energy market participation.
• Support CTGE in applying for ancillary services provision in selected case studies.
• Develop revenue staking models to support investment decisions and operation strategies for RES.

Deadline for Proposal Documents submission: 26 May 2024 11:59p.m.