Optimization & Analytics

Competitive power generation companies must constantly evaluate their decisions based on market conditions. PCI GenTrader® is the acknowledged industry-leading software solution for power generation planning and portfolio optimization. Incorporating numerous breakthroughs in optimization and simulation technology, GenTrader® offers multiple modeling capabilities that provide near real-time decision support, forecasting, long-range planning, and analytics.  In fact, GenTrader® can be used across multiple time-horizons to optimize power portfolio positions from as little as 5-minutes to as long as 30-years ensuring consistency across your entire enterprise.

Comprehensive and Versatile

GenTrader® is used for numerous applications both inside and outside ISO/RTO markets.  The platform incorporates an advanced optimization algorithm for robust unit commitment (UC) and economic dispatch (ED) for modeling any scenario, considering multiple factors including:

  • Thermal power generation including complex combined-cycle assets
  • Hydro power generation including cascaded and pumped storage assets
  • All renewables power generation
  • Market prices: power, fuel, ancillary services, emissions
  • Complex option and forward contracts
  • Fuel constraints and energy-limited options

Short TO Long-Term Optimization

GenTrader® ensures consistency across your entire enterprise delivering endless benefits to your team.  Modeling applications include:

  • Simultaneous local/global NOx emission constraint optimization
  • Multi-tier fuel constraint optimization
  • Multi-area and multi-commodity capabilities for arbitrage decisions and operations
  • Unified modeling for short to long-term studies with recursive outage adaptation
  • Full co-optimization for all customer resources and obligations considering all commodities (energy, reserves, regulation, fuel, and emissions)
  • Deterministic/stochastic simulations and production costing runs
    • PCI’s models production costs and the impact of load uncertainty, forced outages, and fuel cost uncertainties for revenues, costs, and profits/losses
  • Parallel processing to significantly reduce the time to run large, multi-year studies
  • Market price analysis
    • Assess how portfolio P&L characteristics would behave under varying market conditions

Endless Use Cases

GenTrader® is the ideal software platform to support applications as diverse as daily operational planning, fuel burn forecasting, energy asset acquisition, post-analytics, transaction structuring, assessing emissions (and emissions compliance) impacts as well as the impact of potential plant upgrades.  Just a few use case examples:

  • Traders use GenTrader® to produce a near real-time pricing grid for making off-system purchases and sales.
  • Portfolio managers can run post-analytics to assess operational efficiency as well as transaction and outage costing.
  • Planners can run hourly simulations for any time period.
  • Risk analysts perform stochastic simulations to know the impact of market price volatility, forced outages, and load uncertainty.