Power System - Market Analyses

Electricity Market Operation and LMPs

  • Usage of GTMax

  • Detailed simulation of the power systems operation within market environment

  • Maximization of the net revenues while remaining within physical and institutional limitations of the power system

  • Simulation of the dispatch of electric generating units and the economic trade of energy among generation companies using a network representation of the power grid

  • Calculation of market prices for electricity sales/purchases in different regions

Congestion Forecast and Management

  • Using PTI PSS/E

  • Using of PSA

Electricity Market Mechanisms

  • Usage of BETSEE

  • Balancing market

  • Cross border trade mechanisms

  • Coordinated auctioning

  • Allocation of Transmission capacities

Power System Development Planning

  • Usage of WASP IV

  • Determination of the optimal pattern of system expansion to meet the electricity requirements over a given period

  • Dynamic programming method of optimization, to compare the costs of alternative system expansion plans

  • The year-by-year generating capacity additions needed to satisfy the projected system electricity demand with a satisfactory level of reliability with due regard to the characteristics of existing and new generating units.