Week Ahead Operations
From Smart Generation - Smart Generation Suite
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.
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The Week Ahead Operations package helps you to:- F...
The Week Ahead Operations package helps you to:- Forecast inflow ensembles for optimal production.- Assess the available reserve capacity – and your price
THE WEEK AHEAD PACKAGE INCLUDES:
- Get optimal planned outage of the assets
- Calculate historical inflow and current resource storage
- Make what-if scenario analysis of future production
- Forecast inflow
- Register and model availability and restrictions
- Send bids electronically*
- Receive contracts electronically*
- Make settlement of market deliveries
- Calculate optimal bids for the tertiary reserve market
- Forecast optimal production scenarios for week ahead operations
- Calculate optimal bids for the primary reserve market
- Forecast demand
- Calculate optimal bids for the secondary reserve market
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