Functions
EMarketOffer has three main functions:
- To analyse and present key historical electricity Market data through a powerful set of information presentation tools in the Presentation Interface
- To simulate the operation of the Market for situations of potential interest (generally termed Forecasting) and presenting the results through the Presentation Interface
- To conduct Powerflow analysis for a defined network using given nodal demand and generation.
Supporting Functions
To achieve these main functions EMarketOffer must:
For Historical Periods
- Calculate Powerflows using Generation and Demand figures
- Interpret Transmission System data including dynamic changes such as:
- Circuit re-routing or retirement
- Circuit re-rating
- Outages
- Application of Equation Constraints
For Forecast Periods
- Replicate the operation of the SPD Market clearance engine for both the energy and reserves market, to a high degree of accuracy and at high speed
- Load large volume data sets directly from online databases or from file
- Allow easy manipulation of historical Market and Transmission System data to quickly create new Forecast Definitions
Presentation Interface Functions
The Presentation Interface provides the following analysis support functions:
- Multi-featured Map
- Flexible tabulation of data including separate floating Windows to monitor specific items of interest
- Forecast Summaries to quickly identify the key features of a Forecast Run
- Charting of Offer stacks, Demand Profiles and Supply Curves by user-definable periods
- General purpose charting of any output variable
- Single-period 'Scenario' mode allowing any Dispatch Factor to be amended and the effects seen instantly through an immediate re-dispatch
- Marginal Analysis mode allowing the sensitivity of dispatch to changes in any Dispatch Factor