Variable Class and Sampling Methods 5 min
Setting up a Stochastic Simulation in PLEXOS 7 min
Exercise 22: Setting up a Solar Generator 11 min
Wind Generators 2 min
Exercise 23: Setting up a Wind Generator 10 min
- Load Forecasting
Load Forecasting 4 min
Exercise 24: Load Building 5 min
10-Variable Class and Sampling Methods
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In this course you will be taught how to perform Stochastic Modeling in PLEXOS. This includes establishing Stochastic parameters such as:
- The distribution type
- The Stochastic method, i.e. Endogenous, Exogenous
- The Expected Mean
- Standard Deviation and Correlation
You will learn how to apply Stochastic parameters to any input (e.g. Rating, Price), in order to execute several model runs that reflect changes of the respective variables that are caused by varying sample draws.