POWERCOACH-an electricity trading advisor

Author

Siddiqi, Riaz ; Kader, Ab

Author_Institution

Electr. Power Res. Inst., Palo Alto, CA, USA

Volume

7

Issue

3

fYear

1994

fDate

7/1/1994 12:00:00 AM

Firstpage

41

Lastpage

46

Abstract

This article presents an overview of the changes taking place in the electric utility industry and goes on to describe the characteristics of existing software packages used in operations planning and the need for a change in the approach to operations planning and management. The article describes a solution for some of the needs emerging in the near term and offers some possibilities for future development paths. EPRI´s new PC software applies decision analysis to bulk power transactions, helping electric utilities manage risk and returns in an increasingly complex market. EPRI´s goal in creating this tool was to provide a state-of-the-art decision support system to its customers.<>

Keywords

decision support systems; power engineering computing; power system planning; power transmission; software packages; EPRI; POWERCOACH; bulk power transactions; decision support system; electricity trading advisor; operations management; operations planning; software package; Costs; Electricity supply industry; Energy management; Hardware; Mice; Microprocessors; Power industry; Power markets; Power system modeling; Risk management;

fLanguage

English

Journal_Title

Computer Applications in Power, IEEE

Publisher

ieee

ISSN

0895-0156

Type

jour

DOI

10.1109/67.294169

Filename

294169