Spatial national multi-period long-term energy and carbon
Guarantee the supply of electricity in Ecuador through the optimal expansion of the electric power generation stage in the short, medium, and long term, with criteria of efficiency, sustainability, quality, continuity, and security; promoting the use of renewable energy resources, in an area of sufficiency, energy sovereignty, social and
PROMOD HD – Energy Modelling Initiative
PROMOD is a fundamental electric market simulation solution that incorporates extensive details in generating unit operating characteristics, transmission grid topology, and constraints, and market system operations to support economic transmission planning.
Production Cost Model Fundamentals
How PROMOD Works – Input and Output of PROMOD Generation Data: heat rate, different costs, etc. Demand & Energy Fuel Forecasts: Gas, Coal, Oil Environmental Costs: Sox, Nox, Mercury Power Flow Case Monitored Flowgates Other Information: reserve requirement, market territory, etc. PROMOD Hourly LMP of buses and hubs, include
Ecuadorian electrical system: Current status, renewable energy
64.21% of the total effective electrical power generated in Ecuador in 2020 corresponds to renewable energy systems. This becomes an important strategic component within the Ecuadorian electricity production system.
Power Sector Modeling 101
PROMOD, GE-Maps, PLEXOS, GridView •What do these models do particularly well? Simulate detailed (hourly to sub-hourly) operation of a given system; Assess resource adequacy and other aspects of reliability of a system; Analyze the impact of changes in the system (e.g., retirement/addition of capacity) on system
Energy Portfolio Management
Assess infrastructure investments, from wind and PV site planning and selection – to new power stations or transmission capacity and modeling. Leverage critical information and systems to support your energy operations, from revenue stream & market trend analysis to forecasting & fleet optimization.
PROMOD
PROMOD is a power generation and transmission modeling system that provides a range of planning capabilities including zonal and nodal locational marginal price (LMP) forecasting, renewable siting and curtailment analysis, financial transmission right (FTR) valuation, environmental analysis, asset valuation, and transmission congestion analysis.
Ecuador
Ecuador urgently needs to accelerate new investments in power generation capacity and diversify its electricity sources given a heavy reliance on hydropower. Electricity demand grows by 200 MW every year, meaning Ecuador should add 250 MW or 300 MW of new power generation each year.