ISO New England Leverages PLEXOS for Grid Transformation Planning
*Results shared in this case study are preliminary and are not intended to be used as the official EPCET results, or to be cited as such.
1 min read
Team Energy Exemplar
:
August 31, 2022
ISO New England (ISO-NE) recently published their Economic Planning for the Clean Energy Transition (EPCET) pilot study overview and initial benchmark scenario results. The EPCET study has three main objectives:
As part of the 2021 Economic Study (Future Grid Reliability Study – Phase I), ISO-NE identified areas for improvement in their current Economic Study framework and the software tools used to perform the analyses. To address the areas for improvement in the software tools, ISO-NE did an extensive evaluation of Energy Exemplar’s PLEXOS software program in Fall 2021. After this evaluation, ISO-NE has obtained a license for PLEXOS for the EPCET pilot study, switching from its prior software provider.
PLEXOS is a powerful and robust production cost modeling program that ISO-NE has been able to use to model several concepts including:
In addition, ISO-NE has highlighted the following as new production cost software features available in PLEXOS:
To read more about ISO-NE’s EPCET pilot study and see their preliminary results, view their report here. Overall, with assumptions that ISO-NE would typically use in an Economic Study and some additional fuel constraints modeling, ISO-NE is encouraged by the benchmark scenario results and satisfied with the PLEXOS unit commitment and dispatch logic.
Learn how you can start utilizing the power of PLEXOS, contact our experts today.
*Results shared in this case study are preliminary and are not intended to be used as the official EPCET results, or to be cited as such.
Georgia's geographical location between Europe and Central Asia makes its strategic role important as a corridor for energy resources, generating...
1 min read
How PLEXOS facilitates Ukraine's integration into Europe's power market Ukraine, Europe's second-largest country by area, is one of the most...