Nexus-e: A platform of interfaced high-resolution models for energy-economic assessments of future electricity systems

Energy systems are transitioning toward sustainable power generation largely due to new policies that are motivated by climate and renewable generation targets. This transition is felt throughout the entire economy and is affecting the long and short term operations of the energy system. In the last decade, the research community has made significant efforts to model the energy transition and its impacts. Typically, these models focus on a limited subset of the different components of the energy-economic system, including investments in centralized and distributed generation, electricity markets, electric power grids, security of supply, and macro-economic effects. However, there are research questions that require the analysis of how these different aspects are connected to each other and how they may interact. Therefore, the research community has stressed the need to leverage models across domains to enhance the capabilities and robustness of their results. Due partly to the high complexity of combining models developed in tangential domains, few attempts have been made to model in full the interactions among the interdependent components of the energy-economic system.