Power Market Forecasting
Powerful tool for forecasting, analysis, and decision making.
The AURORAxmp Power Market Model is the most comprehensive, reliable, market forecasting tool available.
Energy providers, power marketers, energy consultants and
utilities use this single tool for:
- Day-ahead, monthly and long-term price forecasts
- Prices by market areas, zones or trading hubs
- Advanced hourly commitment and dispatch logic
- Resource and portfolio valuation
- Power costing
- Market exposure
- Flexibility in analyzing complex contracts and portfolio options
- User-specification of resources and contract types
- Capacity expansion and retirements
- Lifecycle analysis
- Automated resource optimization logic
- Unlimited definition of supply alternatives
- Optional built-to-reserve-margin logic
- Complete risk and uncertainty analysis
- Fuel price, hydro and load volatility
- Volume and price uncertainty
- Sensitivity analyses
- Hedging strategy analyses
- Random or Latin Hypercube treatment of price drivers
- Flexible definition of stochastic variables
AURORAxmp offers these time-saving features:
- User-definable screens, reports, and graphs
- Robust scenario management
- Automated data inputs
- Full user access to all inputs and outputs