PLEXOS® allows renewable energy developers and investors to optimize renewable energy projects by simulating real-world scenarios and analyzing key market variables.
As the energy industry accelerates its shift toward renewables, accurately modeling renewable energy projects including wind, solar, and storage projects is essential for ensuring grid reliability and maximizing investmentreturns.
Variability in weather patterns and evolving market dynamics create uncertainty, making it crucial for renewable energy developers and investors to assess projects with precision.
By simulating real-world conditions and utilizing advanced forecasting, PLEXOS® empowers renewable developers to mitigate risks, uncover market opportunities, and maximize returns on renewable energy assets.
Optimize Your Renewable Energy Strategy with PLEXOS®
With the increasing complexity of renewable energy projects, developers and investors need a platform that delivers deep analytical insights across all time horizons. PLEXOS provides forecasting, scenario analysis, and optimization capabilities to support every stage of project development and operation.
With PLEXOS, renewable developers can utilize an advanced forecasting and simulation solution to perform:
Investment Decision Analysis - Determine what to build, how much to build, and where.
Power Purchase Agreement (PPA) Analysis - Whether buying or selling through a PPA, PLEXOS helps you ensure you make the right agreement to address the risk position of your portfolio.
Congestion Analysis- Identify transmission constraints and their impact on both prices and curtailment for your project.
Basis Risk & Hedging Strategies - Identify exposure to locational price differences and develop risk mitigation strategies.
Battery & Hybrid Resource Optimization - Get the best view of how to utilize highly flexible resources in the market with a leading solution for modeling storage resources.
Price Forecasting- Whether you're building a project or bidding a portfolio, PLEXOS provides prices based on the realities of the market instead of guesses based on markets of the past.
Transmission Analysis - Identify power flow constraints and the cost of hedging them. PLEXOS' market simulation makes it easy to be ready for grid impacts.
Market Design & Policy Analysis - When it comes to changes in market rules, tax incentives, or decarbonization policy, the past provides no guidance. PLEXOS allows you to stay ahead of changes by simulating limitless future market conditions.
Use Cases
Revolutionizing the future of energy with clarity, speed & innovation
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