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Press Releases |
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3/1/2006 Press Release |
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3/1/2006
Chubu Electric Power Company Selects ADICA to Organize Training on Software for Electricity Market Analysis and Generation Expansion Planning
Chubu Electric Power Company Selects ADICA to Organize Training on Software for Electricity Market
Chubu Electric Power Co., Inc. ("CEPCO") enlisted the services of ADICA to provide training on electricity market analysis using the Generation and Transmission Maximization (GTMax) software and generation expansion planning using the Wien Automatic System Planning Package (WASP).
ADICA organized a two-week training course at CEPCO’s headquarters in Nagoya, Japan, covering the following topics:
• GTMax Model Overview
• Market Power and Market Power Indicators
• Using GTMax to Calculate Locational Marginal Prices
• Using GTMax to Analyze Candidate Transmission Lines
• Using GTMax to Analyze the Benefits of Interconnected Electricity Systems
• Using Decision Analysis to Prioritize Investment Options
• WASP-IV Model Overview
• Generation Expansion Planning in a Competitive Market Environment
About GTMax
The GTMax software simulates the dispatch of electric generating units and economic trade of energy among utility companies and other market participants. The model computes hourly energy transactions, production costs and market clearing prices. GTMax worldwide clients include electric utilities, power merchants, transmission companies, regulatory authorities and research institutes.
About WASP
The WASP model determines the least-cost generating system expansion plan that adequately meets demand for electrical power while respecting user-specified constraints on system reliability. The International Atomic Energy Agency distributes WASP, which is one of the most widely used tools for electricity system planning.
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
Phone: +1 (630) 705-3060
Fax: +1 (630) 705-3061
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Web: www.adica.com |
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