Features & BenefitsAnalyze Market OpportunitiesDepending on your application, you can analyze the market opportunity for an individual company or examine the economic interchange of energy between several companies in a region. In addition, MAPS software provides the hourly spot prices at individual buses, and identifies the companies responsible for flows on specific transmission lines. These capabilities enable you to examine issues and opportunities in the deregulated power industry. Recent applications include market power studies, stranded costs estimates and project valuations. A Unique Transmission ModelMAPS software can define regional power markets accurately because of the way it models transmission. Instead of using a transportation model that views the flow of electricity similar to the flow of oil or gas, the program recognizes that electricity has unique properties. MAPS software models the electrical system in detail, examining the flow on each line for every hour of the simulation, recognizing both normal and security-related transmission constraints. In contrast, the transportation model only approximates the limits of transmission lines by examining transfer interface limits, which introduces significant distortion and bias in the market analysis. |
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