EMarket

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EMarket

Task Controller Components


	Seasonal water storage management modelling using the same reservoir optimisation algorithms used by hydro generators Security of supply in dry years River chain modelling for large hydro schemes Short term river chain optimisation downstream of seasonal reservoirs Customised dispatch and pricing algorithms for nodal and other markets including: marginal losses, line constraints and instantaneous reserves DC power flow grid model Optimisation of company gross profit using a modelled ‘supply stack’ Generic modelling and market optimisation of the smaller hydro schemes EMarket “Schedule” – a powerful language for programming fine grades of market change during forecast production Customisable report and output data generator (all forecast data can be output to Microsoft Excel) Monte Carlo techniques to forecast non-market data (e.g. foreign exchange) Flexible graphical user interface providing run batching, data management and viewing functions Forecast run library permitting subsequent scenario analysis without the need for re-forecasting

The market model

Long range forecast and market solutions

Advanced computational modelling, fast performance and powerful, easy-to-use features make EMarket the tool of choice for market forecasting. EMarket produces medium and long range forecasts by simulating the behaviour of the electricity market - an essential tool for:

Risk evaluation
Modelling studies
Valuing generation
Generation strategy development
Strategic planning

EMarket's unique combination of speed and accuracy gives the analyst the power to rapidly develop and refine forecast scenarios. These can then be used to explore variations of interest. All major aspects of scenario modelling can be controlled through the on-screen controls to produce finely detailed results.

MARKET READY

EMarket is currently available for New Zealand’s mixed hydro-thermal market and for Singapore’s all-thermal market. Ellsoft's long experience with modelling competitive energy markets means EMarket is readily adaptable to other markets.