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Powel provides a complete program of professional services, training and support designed with one thing in mind — your success. Our trained professionals help you get up and running and ensure that you get continuous value from your Powel software investment.

Smart Generation - Smart Generation Suite

Seasonal Planning

How you plan to distribute your scarce energy resources over seasons and years may have direct impact on your company’s economic growth and revenues. A hydropower-based system is directly affected by seasonal and yearly variations. Available resources and prices in the markets are heavily dependent on weather conditions and how other participants manage their resources. A cold winter may bring high prices, but if the winter is dry, the impact may result in even higher prices in the spring. A dry summer may bring high prices in the ancillary services markets, whereas a sudden shift to rainy weather sends the prices down. These shifting conditions and uncertainties require sophisticated decision support.

Week Ahead Operations

You want to place your energy resources in the market with the best pay-off. This is a challenge when comparing weekly markets to daily markets. The Week Ahead Operations package is all about knowing how much capacity you have available for the reserve markets. With this package you are able to run ensemble prognosis to forecast the inflow sample space. Furthermore, you have the possibility to run multiple calculations based on every scenario to get a prognosis for expected optimal production. This, together with expected prices and availability of your production capacity gives you an indication on how much reserve capacity you may offer and at which price. The calculated volumes with respective prices are displayed in a bid form. You simply send the bids electronically to the market operator who returns the current sending status. The Week Ahead Operations package combines planning, optimisation and bidding in one seamless process.