Title :
POWERCOACH-an electricity trading advisor
Author :
Siddiqi, Riaz ; Kader, Ab
Author_Institution :
Electr. Power Res. Inst., Palo Alto, CA, USA
fDate :
7/1/1994 12:00:00 AM
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;
Journal_Title :
Computer Applications in Power, IEEE
