PLEXOS Solutions LLC

News & Publications

May 10, 2011

  • WECC Selects PLEXOS Solutions
  • PLEXOS Solutions was recently awarded the Western Electric Coordinate Council (WECC) "Variable Generation Production Cost Models" Request for Proposal (RFP). The PLEXOS software model will be used for this assignment.
  • According to PLEXOS Solutions CEO Eric Toolson,"PLEXOS has several advanced features that make it ideal for this application: (1) PLEXOS utilizes a Mixed Integer Programming (MIP) algorithm that allows for the solving of all decision variables simultaneously (instead of an iterative, heuristic solution) and, (2) PLEXOS has the existing capability to accurately model the real-time market with 5- or 10-minute intervals."
  • The WECC RFP is designed to "select a vendor that would develop and implement VGPCM (Variable Generation Product Cost Model) for WECC."
  • Contact / More Information:
    For more information on the service or PLEXOS software, please contact Eric Toolson at (916) 722-1484 / etoolson@plexossolutions.com.
  • About PLEXOS for Power Systems:
    PLEXOS uses an industrial-strength LP/QP/MIP solver to deliver solutions to tough utility problems. PLEXOS is the platform at over 100 organizations globally for solving problems in operations, planning and risk, and market and transmission analyses (including LMP formation). For more information, visit www.plexossolutions.com.
  • About PLEXOS Solutions LLC:
    The Company is focused on providing information services, consulting, and software solutions to utilities, gencos, consultants, and ISOs. The management and technical team understands this market and knows how to assist customers to deploy the next generation solution.

News Release

Publications or Presentations

  • August 31, 2010
    "Integration of Renewable Resources- Operational Requirements and Generation Fleet Capability at 20% RPS", CAISO study using PLEXOS.
  • March 2010
    "Summary of the California ISO Transmission Economics Evaluation Methodology" by Ben Hobbs, Depts. of Geography & Environmental Engineering and Mathematical Sciences, Johns Hopkins University, economic analysis developed with PLEXOS.
  • January 13, 2009
    The CAISO has engaged PLEXOS to analyze any wind integration issues associated with the 20% renewable energy case in 2012. This is the first presentation provided to the wind integration stakeholder group in January, 2009.
  • September 17, 2008
    "Predicting market power in wholesale electricity market" by David Newbery, University of Cambridge, Electricity Policity Research Group, RSI methodology incorporated in PLEXOS for CAISO transmission economic analysis.
  • September 28, 2007
    "Firm Previews Strategies, Costs of GHG Emissions Reductions" By ENERGY NEWSDATA, PLEXOS used in analysis.
  • November 13, 2006
    "Analysis of Market-Based Price Differentials", CAISO LMP Study, Dr. Jim Price, analysis used PLEXOS for unit commitment and ancillary service reservations.
  • July 6, 2006
    "Dynamics of GB Generation Investment", PLEXOS was used by DTI's consultant as part of the Energy Review.
  • May 24, 2006
    "Impact of Market Prices on the Economic Feasibility of Transmission Expansion", IEEE PES Technical Panel PN26, Market Simulator for the Open Electric Markets
  • November 19, 2005
    Description of Methodology, Market Redesign and Technology Upgrade, Locational Marginal Price (LMP) Study 3C, California Independent System Operator, unit commitment and AS reservation done with PLEXOS.

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