Event Schedule

Wednesday, 6 March 2024

Xcelerate Melbourne

Day 2 Schedule of Events

9:00 am - 10:30 am

PLEXOS Certification Training for Beginners

Adding Markets & Constraints

Everything from Energy, Capacity, to Ancillary Services Markets play a crucial role in determining how system settlements occur. We explore a host of markets represented in PLEXOS and learn how to describe them. Along with Markets, custom constraints can be used to represent any number of policies, goals, and non-economic positions required for modeling the actual power sector.

Key Takeaways: 

  • How to add Markets to a dataset.
  • Constraints can be used to a variety of non-economic conditions.

Trainer

Luis Nava
Luis Nava
Senior Energy Market Analyst (Support)
Energy Exemplar

PLEXOS Intermediate/Advanced Training

PLEXOS Cloud

By working through an automation example using PLEXOS cloud, we aim to demonstrate how participants might go about implementing automatisation processes in their own workflow. 

Key Topics: 

  • Automation 
  • Command Line Interface 
  • Stochastics 
  • Dashboard

Trainer

Sebastian Fuentealba
Sebastian Fuentealba
Energy Market Analyst (Support)
Energy Exemplar

10:30 am - 11:00 am

Morning Coffee Break

11:00 am - 12:30 pm

PLEXOS Certification Training for Beginners

Heat Rates & Ancillary Services

PLEXOS allows the user to fine-tune the system using value-based modeling techniques. Heat rates are used as an example of how to build highly efficient models and how to combine the power of the Excel work environment with PLEXOS to maximise productivity.

Key Takeaways: 

  • How heat rates work to formulate short run marginal costs.
  • Value-based modeling maintains high quality while maximising run times. 
  • Integrating Excel to the workflow dramatically increases productivity. 

Trainer

Luis Nava
Luis Nava
Senior Energy Market Analyst (Support)
Energy Exemplar

PLEXOS Intermediate/Advanced Training

Opportunity Costs

To model hydro accurately it is important to consider the opportunity cost of water. During this session we explain how water values, Stochastic Dual Dynamic Programming and rolling horizons work in PLEXOS.

Key Topics: 

  • Water Values 
  • Stochastic Dual Dynamic Programming (SDDP) 
  • Rolling Horizons

Trainer

Chris Nugent
Lead Energy Market Analyst (Support)
Energy Exemplar

12:30 pm - 1:30 pm

Networking Lunch

1:30 pm - 3:00 pm

PLEXOS Certification Training for Beginners

System Adequacy

Systems are prone to breakdowns and require maintenance. We explore system maintenance and random outages and how they affect the reliability of our system.

Key Takeaways: 

  • Three types of outages modeled in PLEXOS.
  • The Projected Assessment of System Adequacy (PASA) phase.
  • Reliability indices.

Trainer

Roger Jennings
Roger Jennings
Senior Energy Market Analyst (Support)
Energy Exemplar

PLEXOS Intermediate/Advanced Training

ST Model Calibration

This session mirrors the earlier LT session discussing the trade-off between precision and performance and includes some examination of unexpected behaviors in the ST.  

Key Topics: 

  • Integer vs Linear 
  • Unit Commitment Constraints 
  • Unexpected Behaviour 

Trainers

Shubham Gautam
Shubham Gautam
Energy Market Analyst (Support)
Energy Exemplar

3:00 pm - 3:30 pm

Coffee Break

3:30 pm - 5:30 pm

PLEXOS Certification Training for Beginners

Medium Term Modeling - Intro to LT Plan

It is impossible to consider every aspect of a system of any meaningful size over the medium term when operating in real-time. The MT Schedule solves this problem by optimising medium term objectives and passing them to the ST Schedule.

Key Takeaways: 

  • How data can be simplified.
  • Types of decisions optimised in the Medium Term.
  • Chronological approximation strategies.

Trainer

Roger Jennings
Roger Jennings
Senior Energy Market Analyst (Support)
Energy Exemplar

PLEXOS Intermediate/Advanced Training

Universal PLEXOS

By using the Universal Classes in PLEXOS to model combinatorial and network flow problems, this session aims to reinforce the out-of-the box thinking introduced in the first session. 

Key Topics: 

  • Combinatorial Optimisation Problems 
  • Network Flow Problems 

Trainer

Nathan Hall
Nathan Hall
Principal Energy Market Analyst (Learning)
Energy Exemplar

6:30 PM - 8:30 PM

Networking Dinners

Join us for an intimate networking dinner at a local Melbourne restaurant hosted by your Energy Exemplar Account Manager.  Networking dinners will begin at 6:30 PM.