European Energy Market Modelling

Projects in European energy market modelling

About Maon:

Maon is a spin-off of the RWTH Aachen and the TU Berlin. The specialised software developer provides a web platform that enables organisations to make comprehensive, explainable and accurate energy market forecasts. It has been used to derive millions of simulations by consultants, consumers as well as grid, storage and power plant operators in Europe.

Programme:

• Introduction to Maon-Team, project life cycle and quality workflow in wholesale electricity market modelling
• Project engineering for power plant operators, transmission system operators, industrials and others
• Build and improve digital twins for European power systems (plants, grids and consumers)
• Conduct fundamental electricity market simulations
• Analyze extensive electricity market simulation results with plots and maps
• Manual testing of pre-release simulation cloud platform
• Report bugs and create feature requests in a structurized way for software development department

Knowledge, skills and competences that can be acquired in this traineeship:

• High-quality and high-speed simulation project support
• Professional energy modelling project life cycle
• Support in advanced data analytic solution application and development
• Manual web application testing
• Modelling knowledge about the European electricity supply system
• Technical knowledge about the challenges in the European energy transition

Monitoring plan

• Personal and hands-on introduction to project management
• Discussion of storylines to deepen project need understanding
• Discussion of model results to foster electricity supply system knowledge
• Discussion and analysis of software feature, bug and test issues
• Modell data reviews and creation of merge requests by the trainee
• Modell data reviews and creation of change requests from the personal mentor
• Joint simulation and analysis of exemplary user workflows to test application
• At least weekly jour fixe with project team, company-wide and personal mentor

Evaluation plan:

• Manual testing through user story simulation
• Testing of data models through test applications
• Quantitative comparison of contributions with senior project engineer
• Qualitative personal and professional feedback loops with project engineers and personal mentor