Simulate the economic operation of the power system.
Advanced power economic modeling solutions that help meet your business needs
Whether your interest is in assessing the value of a portfolio of generating units or in identifying the transmission bottlenecks that most seriously constrain the economic operation of the system, it’s vital that you capture the complex interaction between generation and transmission systems. Production Cost can help.
Production Cost benefits
PlanOS’ Production Cost (formerly MAPS) function provides chronological load simulation to more accurately model path-dependent quantities like minimum run-time and storage. Better estimate intra-hour dispatch and reserve needs with the advantage of chronological modeling simulations.
Speed. Production Cost software supports task parallelization, allowing high-performance computing clusters to run large cases in hours, not days.
Productivity. The Python API grants users improved control over input data, simulation execution, and result reporting for enhanced productivity.
Accessible data. Pre-made datasets available for the Eastern Interconnect, Western Interconnect, ERCOT, and over 50 countries.
Contingency analysis. Natively integrated and enables secure commitment and dispatch, and system constraint for the most severe N-1 contingencies.
Data validation. A streamlined GUI for editing and validating data and easy Excel integration.
Transfer analysis. Optionally simplify transmission topology using operating transfer limits and constrain the power flow between major load areas of your system.
Production Cost modeling capabilities
1
Identify transmission path congestion and calculate the associated production costs on the economic dispatch of generation.
2
Evaluate system operations given various future resource plans.
3
Measure the impact on total system emissions that result from the addition of new generation or new regulatory policies.
4
Understand when resources will switch fuels based on availability and least cost.
5
Evaluate the effects of energy storage and additional transmission.
PlanOS' functions
Revolutionize your integrated system planning experience
The PlanOS platform brings together GE Vernova’s decades of proven planning software tools (Production Cost, formerly MAPS*; Resource Adequacy, formerly MARS*; Power Flow, formerly PSLF*) and newly added Capacity Expansion into one powerful interface. PlanOS utilizes one shared dataset to seamlessly transition between analyses, like production cost, resource adequacy, and power flow, without the need for third-party add-ons.
This coordinated and holistic approach to analyzing a power system helps you break down traditional grid modeling silos and help you with your Integrated System Planning analysis.
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*Trademark of GE Vernova and/or its affiliates.
**Decarbonization, as used in this document, is intended to mean the reduction of carbon emissions on a kilogram per megawatt hour.
