Electricity Generating Authority of Thailand (EGAT) has selected PLEXOS to develop Thailand’s Grid Modernization plan and accommodate upcoming disruptive technologies into the long-term integrated resource planning
Energy Exemplar today announced a new partnership with Electricity Generating Authority of Thailand (EGAT). This partnership will allow EGAT to accommodate upcoming disruptive technologies that are required to decarbonize the grid and support policy recommendations.
EGAT are positioned to find benefits of this new partnership to include:
- A unified platform for optimized short-medium term operation and least-cost long term integrated resource planning,
- Assurance that the new Power Development Plan (PDP) meets Thailand’s generation capacity expansion planning criteria. Including, Expected Unserved Energy, Reserve Margin, Operating Reserve and Loss of Load Probability (LOLP),
- Ability to model new technology candidate power plants such as the Battery Energy Storage System (BESS), Demand Response, Electric Vehicle, Power2X, etc. and
- Sub-hourly modelling and simulations to ensure reliable operation of the system with high penetration of renewable energy generation.
“Energy Exemplar and PLEXOS are delighted to work with EGAT in Thailand, we believe this partnership will generate incredible insights and valuable information that will support EGAT on their journey to continue serve the needs of everyone in Thailand both for today and in the future.”
-Stuart Kelly, Senior Vice President, Asia Pacific
About Electricity Generating Authority of Thailand (EGAT):
EGAT is Thailand’s leading state-owned power utility under the Ministry of Energy, responsible for electric power generation and transmission for the whole country as well as bulk electric energy sales. Additionally, it is the largest power producer in Thailand, owning and operating power plants of different types and sizes which are located in 45 sites across the country with a total installed capacity of 16,037.32 MW (2020). The power generation facilities consist of 3 thermal power plants, 6 combined cycle power plants, 24 hydropower plants, 9 renewable energy plants, 4 diesel power plants, and Lamtakong Jolabha Vadhana Power Plant.
About Energy Exemplar:
Energy Exemplar is the market leader in the technology of optimization-based energy market simulation. Our software suite, headlined by PLEXOS® and Aurora, is used across every region of the world for a wide range of applications, from short-term analysis to long-term planning studies. It is relied upon by hundreds of organizations worldwide to inform multi-million-dollar decisions. Our people continually think of novel approaches and more realistic simulations that enhance decision making, create market opportunities and enable utilities and regulatory authorities to become smarter, more energy efficient and profitable. Energy Exemplar continues to ‘push the envelope,’ being first-to-market with the latest advances in programming and energy market simulations, as it strives to offer the most comprehensive simulation software to its customer base.