Power Portfolio Optimization

Solutions

Power Portfolio Optimization

Discoms having a huge portfolio mix, procuring power from plants with different source of fuel and tariff, which has an huge impact on costing. Mercados assists clients in the following activities

  • Estimation of Demand through application of Weather Forecasting Engine
  • Estimation of Adequacy of Supply and Gap Analysis
  • Decision for procurement/ Sale (Bilateral) and procurement/ Sale (DAM) using an Optimization engine that allows an efficient representation of discrete decisions and non-linear relations. The engine consists detailed Thermal Plant Modelling- ramping rates, operating points, fuel consumption, outages, costs
  • Risk assessment