Industry & Modeling Overview

Industry & Modeling Overview

About this course

Power System Economics: Users will get an overview of the power system, the behaviour of generating assets, and the economic and operational constrains, stability, reliability, and ancillary services. Users will also learn the conceptual approaches to optimizing the power system within constraints and how the problem is tackled in PLEXOS.

Basics of Optimization, MIP, LP: Users will interpret MILP problem formulation from a PLEXOS-produced .LP file. Users will also interpret MILP problem .SOL files, which represent the solution to the optimization problem.

Unit Commitment & Economic Dispatch: By the end of this course, users will understand the details of the PLEXOS Unit Commitment and the Economic Dispatch algorithm.

Intro to Optimal Power Flow (OPF): Users will be given a quick review of DC-OPF assumptions, and then they will learn to set up the model for DC-OPF. They will also run a DC-OPF simulation and interpret relevant results.

 

 

 

 

 

 

 

 

Curriculum3 hr 36 min

  • Company Overview
  • Overview of Energy Examplar
  • Power System Economics

    Users will have an overview of the power system, the behavior of generating assets, the economic and operational constrains, stability, reliability, and ancillary services, the conceptual approaches to optimizing the power system within constraints, and how the problem is tackled in PLEXOS.

  • Introduction to Power System Economics 0 hr 6 min
  • Industry Stucture 0 hr 9 min
  • Behavior and Operation of Assets 0 hr 10 min
  • The Commitment Problem 0 hr 6 min
  • Basics of Optimization

    Users will interpret MILP problem formulation from a PLEXOS produced .LP file. Users will also interpret MILP problem .SOL files, which represent the solution to the optimization problem.

  • Intro to Optimization in PLEXOS 0 hr 23 min
  • LP-SOL Files 0 hr 41 min
  • LP vs. MILP 0 hr 18 min
  • MILP Convergence 0 hr 17 min
  • Horizon Settings 0 hr 12 min
  • Relaxation of Integer Decisions 0 hr 12 min
  • Performance Settings 0 hr 7 min
  • Infeasibilities 0 hr 23 min
  • Unit Commitment & Economic Dispatch

    At the conclusion of this topic, the user should understand the details of the Plexos Unit Commitment and the Economic Dispatch algorithm.

  • Unit Commitment and Economic Dispatch (UCED) 0 hr 15 min
  • Introduction to Optimal Power Flow (OPF)

    Users will be given a quick review of DC-OPF assumptions, and then learn to set up the model for DC-OPF; users will run a DC-OPF simulation and interpret relevant results

  • Introduction to Optimal Power Flow (OPF) 0 hr 10 min
  • Survey
  • Core Certification Survey

About this course

Power System Economics: Users will get an overview of the power system, the behaviour of generating assets, and the economic and operational constrains, stability, reliability, and ancillary services. Users will also learn the conceptual approaches to optimizing the power system within constraints and how the problem is tackled in PLEXOS.

Basics of Optimization, MIP, LP: Users will interpret MILP problem formulation from a PLEXOS-produced .LP file. Users will also interpret MILP problem .SOL files, which represent the solution to the optimization problem.

Unit Commitment & Economic Dispatch: By the end of this course, users will understand the details of the PLEXOS Unit Commitment and the Economic Dispatch algorithm.

Intro to Optimal Power Flow (OPF): Users will be given a quick review of DC-OPF assumptions, and then they will learn to set up the model for DC-OPF. They will also run a DC-OPF simulation and interpret relevant results.

 

 

 

 

 

 

 

 

Curriculum3 hr 36 min

  • Company Overview
  • Overview of Energy Examplar
  • Power System Economics

    Users will have an overview of the power system, the behavior of generating assets, the economic and operational constrains, stability, reliability, and ancillary services, the conceptual approaches to optimizing the power system within constraints, and how the problem is tackled in PLEXOS.

  • Introduction to Power System Economics 0 hr 6 min
  • Industry Stucture 0 hr 9 min
  • Behavior and Operation of Assets 0 hr 10 min
  • The Commitment Problem 0 hr 6 min
  • Basics of Optimization

    Users will interpret MILP problem formulation from a PLEXOS produced .LP file. Users will also interpret MILP problem .SOL files, which represent the solution to the optimization problem.

  • Intro to Optimization in PLEXOS 0 hr 23 min
  • LP-SOL Files 0 hr 41 min
  • LP vs. MILP 0 hr 18 min
  • MILP Convergence 0 hr 17 min
  • Horizon Settings 0 hr 12 min
  • Relaxation of Integer Decisions 0 hr 12 min
  • Performance Settings 0 hr 7 min
  • Infeasibilities 0 hr 23 min
  • Unit Commitment & Economic Dispatch

    At the conclusion of this topic, the user should understand the details of the Plexos Unit Commitment and the Economic Dispatch algorithm.

  • Unit Commitment and Economic Dispatch (UCED) 0 hr 15 min
  • Introduction to Optimal Power Flow (OPF)

    Users will be given a quick review of DC-OPF assumptions, and then learn to set up the model for DC-OPF; users will run a DC-OPF simulation and interpret relevant results

  • Introduction to Optimal Power Flow (OPF) 0 hr 10 min
  • Survey
  • Core Certification Survey