Concorda MAPS Engine
In the rapidly changing world of the electric power industry, one thing has remained constant — the need to accurately model the economic operation of the power system in order to make informed decisions. Whether your interest is in assessing the value of a portfolio of generating units or in identifying the transmission bottlenecks that most seriously constrain the economic operation of the system, you must capture the complex interaction between generation and transmission systems. GE Energy offers the Multi Area Production Simulation Software program (MAPS), which provides the detailed modeling your business needs.
Features & Benefits
- Analyze market opportunity for an individual company or examine the economic interchange of energy between several companies in a region
- Examine hourly spot prices at individual buses
- Identify the companies responsible for flows on specific transmission lines and interfaces
- Accurately model regional power markets due to a unique transmission model
