OPM Production Planning software assists Traders and Dispatch Planners to optimize under uncertainty to reduce generation costs and increase profitable generating revenue. It operationalizes predictive and prescriptive analytics to reduce future uncertainty and remove inefficiencies held between the asset/system capabilities and the commercial/operating teams.
It enables improved visibility of day-ahead and intraday plant capacity and its cost. It also provides advice on how to make the most profitable use of that capacity through commitment preparation, fuel nomination, and dispatch planning. With solution-supported operational insights into factors such as the available capacity – its value and cost – in conjunction with a range of plant specific constraints such as marketplace conditions, emissions limits, fuel penalties, start-up and turndown durations and cost, better economic-based decisions can be made regarding energy offers and dispatch.
And, OPM Performance Optimization safely expands operating limits with optimizers and advanced edge controls to enhance dispatch position by improving efficiency, generate more revenue with increased output, achieving faster starts and reducing emissions, and thrive in the marketplace by responding more flexibly to diverse market conditions.
By employing a combination of AI/ML technology, industry and technology expertise, highly configurable software, and world-class support services, OPM streamlines complex operations and improves outcomes.