Electricity Markets

This section provides tutorials on how to model electricity and other energy markets in SAInt. Case studies and use cases are available at the following link Electricity Markets:

  1. Power system production cost modeling: Model electricity markets and optimal power system operations solving the unit commitment and economic dispatch optimization problems.

  2. Generation technologies: Model the constraints and flexibility of different electricity generation technologies, including thermal, hydro, wind, solar, and other power plants.

  3. Storage technologies: Model the constraints and flexibility of pumped hydro, batteries, liquid air, thermal, hydrogen, and other energy storage technologies.

  4. Energy demand and electrification: Model the variability and flexibility of different demands, including industry, heating & cooling, transportation, and newly electrified processes.

  5. Ancillary services: Model the impact of and contribution to different types of ancillary services, including contingency reserves, frequency and voltage regulation, and other forms of operational reserves required to operate power systems reliably.

  6. Policy modeling and operation guidelines: Model the impact of policies and operation guidelines as user-defined operational constraints that affect one or multiple assets, including generators, transmission lines, storage units, fuels, and demands.