Power Marketers
Powerful tool, add the capability to do Accurate Forecasts. Now.
In an efficient market, you need every edge to succeed. Whether you’re pricing long-term contracts or firming up the next hour on the spot market, AURORAxmp is the analytical tool you need to evaluate your options.
The industry’s leading power market simulation model, AURORAxmp is fast and easy to use to produce short-term and long-term price forecasts for all major market zones and trading hubs. AURORAxmp simulates hourly supply and demand to provide electric price forecasts for the short term or for years out.
AURORAxmp’s bidding logic can help you simulate power markets.
AURORAxmp is highly flexible. You can easily modify input data assumptions, automate and integrate your own data or data from other sources into your forecast. You can also examine results mid-simulation &emdash; hour-by-hour or unit-by unit; to better understand market factors and effects.
AURORAxmp:
- Outperforms slower models
- Generates accurate short- and long-term forecasts
- Forecasts clearing prices in each market zone
- Allows for easy retention and archiving of results for all studies
- Interfaces easily with other analytical tools
- Offers superior data management capabilities
Fully Integrated Locational Marginal Pricing
EPIS, Inc. delivers to power marketers, developers, and resource planners a fully integrated nodal analysis solution in AURORAxmp. This new capability includes a detailed database, sophisticated generation commitment and dispatch logic, risk, and portfolio capabilities of AURORAxmp. Decision makers can obtain the results they need in a timely fashion, for tasks like bus-level locational marginal price (LMP) forecasts, valuations of financial transmission rights (FTRs), and long-term asset valuations.
This state-of-the-art transmission analysis capability delivers:
• LMP and FTR values
Potentially significant for:
- determining risk of deliverability
- hedging strategies
Both Optimal Power Flow (OPF) and Security Constrained Optimal Power Flow (SCOPF) solution options
- Consistent chronological data utilized in the nodal solution
- Generation and load profiles may significantly impact LMP, FTR values
- GIS maps and display options
All of AURORAxmp’s renowned power and flexibility, including:
- Scenario analysis
- Risk analysis
- Powerful and flexible output reporting options
Complete solution pre-packaged with all the data needed to perform analyses
The AURORAxmp-PowerWorld Simulator Interface
EPIS, in conjunction with PowerWorld, developed the AURORAxmp-PowerWorld Simulator Interface to integrate AURORAxmp and PowerWorld Simulator. The AURORAxmp-PowerWorld Simulator Interface operates both models, augmenting their full capabilities in a seamless modeling process.
PowerWorld Simulator users gain access to the detailed database, sophisticated generation commitment and dispatch logic, risk, and portfolio capabilities of AURORAxmp. AURORAxmp users benefit from the power flow and nodal pricing strengths of PowerWorld Simulator, a high-voltage optimal power flow model. Power marketers, developers, and resource planners now have a powerful, easy-to-use interface to efficiently set up and run nodal studies.
AURORAxmp users may license the Interface. The Interface enables an AURORAxmp user to set up and run PowerWorld Simulator from the AURORAxmp graphical user interface. Based on the set-up assumptions and data maps, AURORAxmp dispatches and performs unit-commitment and dynamically passes hourly data to PowerWorld® Simulator. AURORAxmp automatically runs the PowerWorld Simulator option selected to produce generation information and locational marginal prices (LMP) for the hours selected in the study.