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Power

Problem Statement

Wholesale electricity is the most volatile commodity known to man. A doubling in price hour to hour is not unusual. Power's volatility stems from many factors, including inability to store, low demand elasticity to price, and non-continuous supply stacks. With over 100 continuously changing variables driving price, this commodity is an analyst's worst nightmare to try to model.


The PowerLytix Solution

PowerLytix dedicates 35 work stations and 12 full-time employees to implementing the above solution. At a seven digit annual cost, the PowerLytix solution to forecasting wholesale power markets meets all users at all their need levels. Our Solution Is...

Create different modules to capture all public domain market data on each item that affects power prices. Feed real-time market data to forecast modules to predict power demand, supply, fuels, and transmission. Feed input forecasts to a super-fast power simulation software module to generate hourly price forecasts. Send the output from the forecast modules to your traders and make it available across multiple platforms and offices across your distributed network.



Product Details

Comprehensive hourly forecast for 36 power hubs:
       Demand
       Supply Stacks
       Transmission
       Heatrates
       Power Prices
       Fuel Burned
       Emissions
       … and more!

Extensive forecast period:
       Next hour to 20 Years

Multiple forecast cases
       7 forecasts resulting from varied temperature scenarios

Multiple forecasting methodologies:
       Marginal-cost simulation modeling and neural network modeling

Real-time updates:
       Demand and temperature data
       Plant capacity and outages
       Fuel market prices

Multiple access options:
       Online
       Direct datafeeds to your desktop
       Email Delivery

All forecasts and data are updated hourly, 7 days a week, 365 days a year!

Power Reports


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