This dissertation was written as part of
my
MSc in Energy Systems at the International
Hellenic University. The primary goal of the present study is to adapt and further
develop an energy system model according to the Greek boundary conditions; a model
al
-
ready
applied by the Institute of Environmental Technology and Energy Economics
in Hamburg. What is more, this master thesis includes theoretical research on
mathematical optimization, as well as all the necessary data for the simulation
subsequently prese
nted. What is more, the issue is addressed and analyzed with the
appropriate mathematical functions. The central part of the thesis is the development of
the algorithm and the analysis of the power system. Eventually, an assessment of three
scenarios of th
e author’s choice is carried out.
Great emphasis
is placed
on the minimization of power system cost under technical and
environmental constraints with
a better
integration of Renewable Energy Sources in the
Greek Electricity System.
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