Calculating stranded-asset cost; Assessing the impact of security-of-supply constraints, and environmental constraints, Maintenance: Optimizing the timing and duration of maintenance outages; Market assessment: Performing market benefit analysis for transmission and generation assets, Calculating market outcomes that account for both fixed and variable cost components, Calculating optimal trading strategies for a portfolio of generation and transmission assets including entrepreneurial interconnectors, Projecting pool prices under various scenarios of load growth and new entry, Determining the impact of market design decisions, and rule changes, As a real-time market-clearing engine, Analyzing generation and transmission constraints and calculating congestion rents. There are four different simulation options within Plexos. LT Plan: This performs the long-term expansion planning function. The purpose of the LT Plan model is to find the optimal combination of generation new builds and retirements and transmission upgrades (and retirements) that minimizes the net present value of the total costs of the system over a long-term planning
Calculating stranded-asset cost; Assessing the impact of security-of-supply constraints, and environmental constraints, Maintenance: Optimizing the timing and duration of maintenance outages; Market assessment: Performing market benefit analysis for transmission and generation assets, Calculating market outcomes that account for both fixed and variable cost components, Calculating optimal trading strategies for a portfolio of generation and transmission assets including entrepreneurial interconnectors, Projecting pool prices under various scenarios of load growth and new entry, Determining the impact of market design decisions, and rule changes, As a real-time market-clearing engine, Analyzing generation and transmission constraints and calculating congestion rents. There are four different simulation options within Plexos. LT Plan: This performs the long-term expansion planning function. The purpose of the LT Plan model is to find the optimal combination of generation new builds and retirements and transmission upgrades (and retirements) that minimizes the net present value of the total costs of the system over a long-term planning
PlexosTutorial.docx