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