iPool ‘s object oriented technology allows modeling of various market rules and provides quick interactive and visual response for short term and real time pool trading.

Pool Trading

Successful trading and bidding into a competitive electricity pool requires the ability to respond quickly to the changing market conditions.

iPool provides the features required to enable quick and appropriate market responses:

  • Volume position and exposure
  • Financial position and exposure
  • Short term and intra-day forecasting
  • Competitor Bid Offer Analysis
  • Fast historical Market Analysis
  • Interactive what If Market Scenarios

Portfolio Modeling

Energy companies and trading firms will benefit from iPool’s multi-portfolio modeling with its ability to aggregate results and evaluate these against historical and simulated market scenarios.  iPool models:

  • Customer Demand Portfolio
  • Generation Demand Portfolio
  • Wholesale Contracts (ISDA and Power Supply Agreements)
  • Retail Contracts and Tariffs (Single rate and multi-rate Time-Of-Use).

Versatile Generation Modeling

iPool’s Object Oriented technology enables flexible and detailed modeling of different kinds of power stations, their operating characteristics, their associated costs and their supply availability. iPool:

  • Models Coal Fired plants, Gas Turbines, Combine Cycle GTs, Hydros, Pump Storage, Solar, Wind, Biomass and generic stations.
  • Models production costs using multi-point incremental cost curves, O&M costs, capital charges, network charges, start up costs, carbon costs
  • Models and tracks energy storage levels, energy limitations and cascaded stations.
  • Captures historical behavior and uses this data in simulation.

Market Rules and Dispatch Modeling

iPool models the static and dynamic system constraints. The bid offer prices and the reserve offer prices are co-optimized in the pricing and dispatch of generation.

  • Models different dispatch and trading intervals
  • 5 minute dispatch and trading
  • 3o minute dispatch and trading
  • Hourly dispatch and trading
  • Can use actual and aggregated bid offers
  • Models transmission interconnectors
  • Models generic dynamic constraints
  • Models ramp rates
  • Models static and dynamic loss factors
  • Models limits on energy storage
  • Models both supply offers and demand bids
  • Models market specific pricing rules