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Power generation fleet management service tools

Production and strategic bidding simulation, plant information database, process performance modelling and monitoring, operational environmental restrictions
Power generation fleet management service tools

You can make decisions on the dispatch of your assets based on the costs of generation, the value of electricity, and the development of demand. To develop your own asset management scheme and dispatch model, turn to KEMA.
Together we help to fill in possible gaps in the current information structure based on our expertise in the areas of:
  • general business strategy development
  • demand forecasting
  • price forecasting
  • analysis of market power
  • risk analysis
  • evaluation of trading strategies.   

To support your needs for effective and efficient assest management targets, we have developed sophisticated tools to meet your requirements, including:
  • production simulation (PROSYM)
  • simulation for strategic bidding (SYMBAD)
  • plant data collection and condition assessment system (CHARGE!)
  • plant performance models (Spence)
  • determination of operational restrictions (EcoNOx)
  • relations of operation mode and plant condition (ThermoWare)
  • relation of fuel choice and plant operation.    

Production simulation with PROSYM

PROSYM is a probabilistic, hourly chronological power market simulation model. This tool compares economic and operating characteristics of alternating operation strategies of power generation fleets.
The hour-by-hour model allows simulation of chronological events, such as:
  • plant ramp rates
  • plant up and down times
  • hourly reservoir levels of pumped hydro plants
  • spinning reserve constraints
  • transmission constraints.   

For more information about PROSYM, click here.

Strategic bidding simulation with SYMBAD

Most electricity markets may be described as pools where output from different power plants is bid into a common power pool, i.e. the market. As the pool is bid-based, prices will not always reflect marginal cost, since the presence of market power may induce strategic behavior, or gaming.

It is widely accepted that the game theory represents the most appropriate description of the strategic behavior of players in an oligopolistic market, such as the wholesale market for electricity.Utilizing the combination of the PROSYM (production simulation) and SYMBAD (strategic bidding simulation) tools offers you a powerful new tool to assess the market, assist the development of an optimal bidding strategy or to make investment decisions into liberalized power markets. For more information about SYMBAD, click here.

Plant information database of CHARGE!

Access to benchmarking, economic studies, and asset management information can help  you make informed and effective asset management decsions. Your strategic informational needs are met in Charge! - KEMA’s proprietary database containing decades of information on power plant data such as investment costs, efficiencies, operation and maintenance costs and plant reliability data.
For more information about CHARGE!, click here.

Performance modeling with Spence

Performance modeling is the key to maximizing your power generation asset decisions. You can access accurate information on your fuel consumption and plant capacity in relation to external factors such as plant load, ambient conditions, fouling and cleaning sequences, effects of supplementary firing and supply of heat by utilizing KEMA’s performance model Spence. Spence is a software tool that makes thermodynamic performance models of all types of power plants.
For more information about Spence, click here.

Operational environmental restrictions and EcoNOx

Implementing effective NOx measures requires making informed decisions on your available investment options. Your informational needs are met by EcoNOx - KEMA’s cost optimization planning tool.
The software tool includes a library of both primary and secondary NOx reduction measures, as well as the costs of these measures: investment (dependent on unit size) and operation and maintenance costs, fixed and variable.
For more information about EcoNOx, click here.

Plant performance monitoring with ThermoWare

Performance tests and long-term condition monitoring are keys to optimizing and extending the life of your power generation assets. Ensure effective performance tests and long term monitoring of your gas turbines, compressors and other main energy conservation equipment by utilizing our ThermoWare™ software package.
For more information about ThermoWare, click here.
For more information please contact us.

 






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