Modeling Renewable Energy Projects
PLEXOS® allows renewable energy developers and investors to optimize renewable energy projects by simulating real-world scenarios and analyzing key market variables.
Accurately Model Renewable Energy Projects in PLEXOS®
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 investment returns.
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.
Use Cases
Revolutionizing the future of energy with clarity, speed & innovation
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:
Market design and 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.
Transmission analysis
Identify power flow constraints and the cost of hedging them. PLEXOS®' market simulation makes it easy to be ready for grid impacts.