The presented results constitute only a small share of the analyses we conducted. The innovative way we combine common optimization methods with robustness analysis allows us to analyze the effectiveness of different strategies for a large variety of possible shocks to the electricity sector. It is particularly useful in case that stochastic analysis fails to provide meaningful results, e. g. when probabilities of the shocks are unknown or when there are more than only a few possible futures. Both cases apply to today’s electricity systems. Our analysis focuses on the European electricity system, but the methods applied are applicable to all regions of the world.
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