Systems for managing generation
In light of shifting market regulations, dispersed and renewable energy sources, and changing energy and environmental laws, managing generating assets and market interfaces is getting more and more difficult. The extra issue for generation management is to balance risk and expense reduction with plant profitability and efficiency.
Read More: Generation Management Solution
Mission-critical instruments to oversee vital generating resources
Asset managers with centralized or regionally dispersed facilities depend heavily on generation management systems (GMS) as vital tools. These frameworks include:
Power plant real-time operation coordination requires SCADA capability.
vital functionality needed to provide and carry out generating schedules
For dispersed and intermittent renewable energy sources like solar or wind power, forecast and manage them.
Critical tasks are managed by GMS systems, such as:
generating control and dispatch across several areas and markets
load estimating
projection, distribution, and monitoring of sporadic renewable energy sources
Timetable for transactions
monitoring of performance
monitoring of the cost curve in real time
loading profiling
operational interactions of the market with the transmission grid.
Fulfilling the requirements of the current generation while making plans for the next
DNV keeps a close eye on the effects of future expansion while assisting generating businesses in identifying and developing more efficient planning and asset management strategies.
Whether on a normal or fast track timeline, we assist customers in assessing and putting into place a GMS system that satisfies their unique requirements. Together with our clients, we identify their unique demands in relation to their functional needs, like:
Archiving historical material
Plant communication interfaces and RTUs
digital safety
invoicing and paying out.
We also assist customers in determining how growth may affect a generation management system’s size.
Recognizing market regulations, software protocols, and vendor possibilities
DNV assists customers in selecting from the most reputable suppliers in the sector, keeping in mind the constraints and potential for growth of the systems we have a deep understanding of.
Additionally, we have a close role in the establishment and ongoing oversight of market regulations.
This indicates that the experts in our generation and market design have vast expertise in examining various software protocols and market regulations to ascertain:
specific SCADA specifications
The generator firm will supply the AGC implementation level in relation to ISOs.
interfaces on the market for uploading and downloading data about the market, including bilateral schedules, generating bids, and billing and settlement information.
Cracking the code for the market interface
One of the most frequent problems facing the current generation of trading organizations is market interfaces. RTOs and ISOs typically have various information and communication protocols as well as systems. When many markets are involved, this may make the matter more complicated.
When it comes to working with the software providers of the interfaces, DNV has extensive expertise. We have helped several generating firms connect with a number of ISOs. We have furthermore aided several marketplaces in setting up their interface and communication policies and procedures, such as:
P.J.
New York
ISONE
ERCOOT
MWIS
nwrto
The market in Ontario.
For these sorts of tasks, we may also make use of our extensive information on the systems and capabilities of all software and system suppliers. Among the things market interface initiatives take into account are:
capability of the connection to transport all necessary data, including auxiliary services
the chosen solution’s capacity to grow in terms of the number of marketplaces and points
preservation and accessibility of the connection
maximizing the generating company’s and ISO’s usage of the current systems.