Aurora price forecasting and analysis software is based on competitive electric market fundamentals.
Aurora applies economic principles and dispatch simulation to model the relationships of supply, transmission, and demand for electric energy to forecast market prices.
The operation of existing and future resources is based on forecasts of key fundamental drivers such as demand, fuel prices, hydro conditions, and operating characteristics of new resources.
Genetic algorithms are used in core dispatch, unit commitment, pool pricing logic, and in the long-term capacity expansion (LTCE) capability. These algorithms simulate the non-linear electrical system and how resources such as hydro, supply-side, and demand-side operate to serve load. Multiple electricity markets, zones, hubs, and operating pools can be modeled. See Simulation Logic for more information.
Aurora Features
Solid Market Fundamentals
For further assistance, please contact Aurora Support.
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