What will a power generation asset be worth in the future? How much will it cost to run? These questions are central to the valuation of assets, and the answers depend on large, uncertainties: fuel prices, new generation, load growth, retirements, environmental rules, and rapidly-changing market rules.
Energy Consulting maintains complex MAPS* simulation models that address these inputs and capture the interplay between assets and the marketplace they operate within. The models can be adapted to simulate possible futures and can simulate where and when value will be created or reduced.
Features and Benefits
The original foundation for GE Energy Consulting Power Economics tools is North America. Our original simulation tools were developed based on the power market and grids in the US and Canada, but as GE has expanded throughout the world, so have our tools and experience base:
GE Positive Sequence Load Flow (GE PSLF*) provides power-flow and dynamic system analysis and modeling for large utility-scale systems.
GE Multi Area Reliability Simulation (GE MARS*) provides detailed modeling of the power system to adequately satisfy customer load requirements.
GE Multi Area Production Simulation (GE MAPS*) provides detailed modeling of economic operation of the power system.