What are some of the potential uses of PowerWorld Simulator?
See also: Potential Uses Simulator has a number of uses in the corporate environment. Some of these include Helping to make better informed business decisions concerning the transmission system – Give your marketers and other users an insight into the transmission system. Transmission bottlenecks are a costly but increasingly common part of doing business in the electricity market. By providing a full-featured power flow package, Simulator can take some of the mystery out of the transmission system, helping you make better informed business decisions. Economic Analysis – Using Simulator’s Optimal Power Flow (OPF), OPF Reserves and Security Constrained OPF (SCOPF), you can model electricity markets that utilize spot-pricing methodologies such as Locational Marginal Pricing (LMP) markets. With Simulator OPF, OPF Reserves, and SCOPF and accurate model inputs such as constraints and contingencies, generator bids, and loads, you can replicate the dispatch and price calculations from these m
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- What are some of the potential uses of PowerWorld Simulator?
