PLEXOS For Power Systems - Advanced Simulation
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PLEXOS For Power Systems - Advanced Simulation

Author : stefany-barnette | Published Date : 2025-06-20

Description: PLEXOS For Power Systems Advanced Simulation Topics Gregory K Woods Regional Director North America Energy Exemplar LLC Northwest Power and Conservation Council System Analysis Advisory Committee January 25 2013 Portland OR

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Transcript:PLEXOS For Power Systems - Advanced Simulation:
PLEXOS For Power Systems - Advanced Simulation Topics Gregory K. Woods Regional Director – North America Energy Exemplar, LLC Northwest Power and Conservation Council System Analysis Advisory Committee January 25, 2013 Portland, OR Confidential | 2 Energy Exemplar, LLC PLEXOS for Power Systems Released in 1999 Continuously Developed to meet Challenges of a Dynamic Environment A Global Leader in Energy Market Simulation Software With Over 200 Installations in 17 Countries Offices in Adelaide, Australia; London, UK; California, USA High Growth Rate in Customers and Installations Staff Expertise in Operations Research, Electrical Engineering, Economics, Mathematics, Statistics with over 20% Ph.Ds North American Office: Consulting Customer Support Training Software Sales North American Datasets/WECC Term 01/25/13 PLEXOS For Power Systems Renewable Portfolio Expansion OpenPlexos API Integrated Stochastics Stochastic Optimization Multi-Stage Optimization Stochastic Unit Commitment Optimal Power Flow Issues High Performance Computing (HPC) 3 Advanced Simulation Topics Agenda 01/25/13 Power Market Simulation, Price Forecasting and Analysis Operational Planning, Unit Commitment and Optimisation of Generation and Transmission Trading and Strategic Decision Support Integrated Resource Plan including Generation and Transmission Expansion and Investment Analysis Renewable Integration Analysis and Intermittent Supply Co-optimisation of Ancillary Services, Energy Dispatch and Emissions Transmission Analysis and Congestion Management Portfolio Optimisation and Valuation Risk Management and Stochastic Optimisation 4 PLEXOS for Power Systems 01/25/13 5 PLEXOS Algorithms Mathematical Optimization Utilizes world-class commercial solvers Integrates Mixed Integer, Dynamic and Linear Programming Techniques to provide fast, accurate results Simultaneous Co-optimization: Capacity Expansion, Reliability, Security Constraints, Unit Commitment and Economic dispatch, revenue adequacy and uplift Thermal, Hydro, Energy, Reserve, Fuel, and Emissions Markets Integrated Stochastic Optimization Solves the Perfect Foresight Problem using a multi-stage optimizer that includes sample reduction for fast accurate results User-defined constraints and decision variables Powerful formulation replaces the need for expensive custom programming Both physical (primal) and financial (dual) results reported Shadow Pricing report the real operating costs in constrained environments OpenPlexos allows customization and automation of PLEXOS through a standardized Application Programming Interface (API) 01/25/13 Confidential & Proprietary Information PLEXOS Desktop PLEXOS Connect Client/Server Import/Export Interface PLEXOS Service Manager PLEXOS Graphical User Interface Build and Maintain Input data View and Analyse Solution data Customisation & Automation OpenPlexos API Visualization Display Network Input and solution data in Maps and schematics PLEXOS in the Cloud Execute on remote servers 6 PLEXOS Components 01/25/13 Over 150 technical and economic generation characteristics: Deterministic and stochastic unit commitment Random and scheduled outages - optimized maintenance

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