Universidad Pontificia Comillas will be represented in this project by the Institute for Technology Research (IIT). ITT is a university institute devoted to research and training of researchers on technological fields, mainly related to the energy sector in general, and in particular, to the generation, transmission and distribution of electricity. IIT is the leading institution in Spain on the development of integrated models for the operation and planning of electricity systems under deregulation, and has provided extensive international consultancy on electricity market designs and network regulation. It gathers more than 40 researchers and 60 full time doctoral students. Its main activities are focused on the design and development of computational models of the diverse aspects of electricity systems as well as on advising and consultancy tasks, mainly about the analysis and design of new regulatory frameworks.