Electricity System Modeling

The training seminar Electricity System Modeling offers a compressed introduction to the numerical modeling of power markets and systems in Excel and GAMS. During the seminar participants are guided in constructing two models by themselves, which is not only helpful to gain insights but also to communicate model results to outsiders. It targets beginners in modeling as well as clients and readers of modeling studies who would like to understand what is going on inside the black box.


1. Energy System Modeling
2. Cost of Electricity
3. Value of Electricity
4. The Merit-Order-Model
5. The MOM w/ Renewables
6. The Screening Curve Model
7. The SCM w/ Renewables
8. Algebraic Modeling
9. The TOY Model
10. The EMILY Model
11. Modeling using only your brain


EUR 1800 + VAT

Public sector / NGO discount: 40%
Early bird discount (3 months): 10%

Contact us for in-house trainings and group discounts.


In-house (in person): Three days

Open seminar (online): Video lectures, modeling assignments and Zoom sessions, distributed over two weeks


Dates (open seminars)

We expect to resume our open seminars in mid-2022. If you leave us your details, we will let you know once new dates become available.