CMS Energy enlists the services of ADICA Consulting to provide strategic analysis software and training for 15 electricity companies in Southeastern Europe as part of a Regional Electricity Market Study funded by USAID
CMS Energy enlists the services of ADICA Consulting to provide strategic analysis software and training for 15 electricity companies in Southeastern Europe as part of a Regional Electricity Market Study funded by USAID
On behalf of the United States Agency for International Development (USAID), CMS Energy of Michigan contracted Adica Consulting to provide licensing and training in the use of the Generation and Transmission Maximization Program (GTMax) for 15 electricity companies in Southeastern Europe. This activity is being organized as part of the Southeast European Cooperative Initiative’s (SECI) Project Group on “Development of Interconnections of Electric Power Systems of SECI countries for better integration to European System.”
GTMax was developed by Argonne National Laboratory as a premier tool for analysis of deregulated electricity markets. Argonne is collaborating with Montgomery Watson Harza (MWH) in using GTMax to analyze an envisioned Southeast-Europe Regional Electricity Market (REM) that would initially comprise at least seven countries, including: Albania, Bulgaria, Bosnia and Herzegovina, Croatia, Macedonia, Romania, and Yugoslavia.
In the current analysis, GTMax is being used to estimate the economic benefits of implementing the REM by calculating hourly market prices of electricity at each market hub in the regional electricity network for cases where individual electric systems operate independently, and individual electric systems operate jointly in a regional electricity market. The analysis is also investigating the operation of individual hydro and pumped-storage power plants to assess their role and value in developing an efficient and reliable regional electricity market.
During 16-18 October 2002, ADICA provided initial training on GTMax for 25 experts at Sveti Stefan, Montenegro, Yugoslavia. Additional training is planned for 2003.
About ADICA
ADICA Consulting combines industry knowledge, distinguished professionals, and cutting-edge strategic analysis software to provide consulting services to Government Agencies and Energy Companies worldwide. Headquartered in Oak Brook, Illinois, ADICA provides Robust, Accurate, and Relevant insights with advanced analytics created by Argonne National Laboratory.
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Bruce Hamilton, President
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