Make quick analyses of an electricity system. Tailor the input for your own system – existing or future! Test if it makes economic sense to add new renewable capacity to your power system!
Balmorel Lite is able to determine least cost power systems. Existing power plants are dispatched according to their short run marginal costs. Investment in new generation are made if economically feasible.
The model has been developed with the particular purpose of assessing the value of renewable power in different power systems, but it can also be used for other quick evaluations.
What is the model’s limitations? It has a limited number of technologies, predefined settings and does not consider constraints in the transmission grid. Therefore, analyses with Balmorel Lite cannot replace a custom-made electricity market analysis.