Comprehensive numerical models are pivotal to analyze the decarbonization of electricity systems. However, increasing system complexity and limited computational resources impose restrictions to model-based analyses. One way to reduce computational burden is to use a minimum, yet representative,...

With the liberalization of energy markets and the introduction of an emission trading system, electricity production by gas combined cycle power plants has significantly increased in the European Union in recent years. Reasons for the significant increase include the short construction time for...