UPLAN Description
The UPLAN Advanced Clearing Engine (UPLAN-ACE) is designed to facilitate day-ahead market operations using protocols established by operators, while also executing real-time economic dispatch in 5-minute increments throughout each operational hour. This innovative system seamlessly merges both day-ahead generation offers and real-time demand bids to optimize the delivery of energy and ancillary services for hourly operations as well as 5-minute dispatches. One of the standout features of UPLAN-ACE is its ability to effectively model the variable and intermittent characteristics of emerging technologies, including batteries, flywheels, and other rapid-response solutions. Furthermore, the Real-Time Model (RTM) not only replicates the scheduling process for the hour ahead but also manages real-time dispatch every 5 minutes, relying on the commitment schedules from the Day-Ahead Market (DAM) and forecasting real-time load requirements. It performs dispatch operations on a 5-minute cycle, incorporating optimal power flow calculations, and ultimately generates locational marginal prices (LMPs), imbalance schedules, and updated dispatch information. This comprehensive approach ensures that UPLAN-ACE can adapt to the dynamic nature of modern energy systems while providing accurate and timely forecasts for market participants.
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Integrations
No Integrations at this time
Company Details
Company:
LCG Consulting
Website:
www.energyonline.com
Media
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Product Details
Platforms
Web-Based
Types of Training
Live Training (Online)
Customer Support
Business Hours
Online Support
UPLAN Features and Options
Energy Management Software
Benchmarking
Bill Audit
Bill Database
Bill Importing
Budgeting & Forecasting
Compliance Management
Contract Management
Cost / Use Reporting
Emissions Monitoring
Energy Price Analysis
Facility Scheduling
Greenhouse Gas Tracking
Load Control
Load Forecasting
Meter Tracking
Risk Management
Weather Normalization
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