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PLEXOS Advanced Training
2015 PLEXOS Advanced Training
19 March 2015
Day
London
1
20 March 2015
Day
8:45
9:00
Training Registration/Arrival tea & coffee
10:45
London
2
8:45
9:00
Arrival tea/coffee
Morning break
10:45
Morning break
11:00
Portfolio Optimisation
- Overview of the Market Class and usage in PLEXOS
- Types of markets that can be modelled
- Company Reporting and Settlement Data
11:00
Long Term Planning
- Controlling timing, mult-stage builds & constraints
- Peak Load and Capacity Reserve Margin
- Capacity Adequacy: LRMC & capacity payments
12:45
13:45
Lunch
12:45
13:45
Lunch
15:15
15:30
Afternoon break
15:15
15:30
Afternoon break
16:45
17:00
Portfolio Optimisation
- Capturing a Physical and Contract Portfolio
- Replicating a Contract Portfolio with PLEXOS
- Contract types: Financial, Fuel, Transmission and Physical
Competition Modelling
- Challenges of capturing competition
- Overview of Game Theory models & Compeition object
- Applying simple mark-ups to generators
Competition Modelling
- Bertand Competition & Nash-Cournot Competition
- Residual Supply Index (RSI)
- Long Run Marginal Cost Recovery (LRMC)
Open Questions & Discussion
End of day
16:45
17:00
Long Term Planning
- Long term modelling fundamentals and formulation
- Overview of LT settings & properties and using the Load Builder
- Defining expansion candidates (generation & transmission)
Energy Storage Modelling with the Battery Class
- Overview of the new Battery Class and and properties
- Short & Medium term optimisation with Batteries
- Incoporating Battery expansion in Long Term Planning
Maitenance Optimisation
- Overview of the new Maintenance Class and properties
- Maitenance Class vs PASA
- Optimising asset maintenance under different constraints
Open Questions & Discussion
End of day