Load forecasting, or more generally energy forecasting, is a core function for utilities, ISOs, and RTOs responsible for ensuring sufficient generation capacity is available to
As renewable energy sources like solar and wind power become increasingly prevalent in power generation, net load forecasting becomes more challenging. Net load forecasting refers
The widespread adoption of renewable energy resources into the worldwide electric power grid has drastically increased the complexity and risks involved in the daily operations
Are you wondering about the best way to write functional requirements for an Energy Trading and Risk Management (ETRM) system? Before you begin to write
Energy trading and risk management (ETRM) software has evolved significantly over the past decade. Disruptive change in the energy industry makes it more vital
In previous blog posts, we’ve discussed the role of natural gas in electricity price formation. Natural gas-fired power plants can ramp up and down during
Whether you’re new to the energy industry and learning the ropes or just want to reacquaint yourself with the basics, this blog post will walk
When it comes to regulated utilities, innovation must be made in the U.S. electricity market for significant progress to evolve.
For decades, Integrated Resource Planning (IRP) has been a foundational cornerstone of the utility outlook for the future.
While living during a global pandemic, we are now experiencing skyrocketing electric bills! Rising electric bills pose a variety of challenges.
The energy industry is undergoing significant changes, especially in its generation portfolio. As a result, the framework and terms (e.g., prices, maintenance, min/max limits, etc.)
When it comes to reducing risk and maximizing value, the most successful market participants do much more than just bid load and offer generation into
Not so long ago, post-analysis work in RTO/ISO markets was a forensic activity performed days “after-the-fact” designed essentially to: Highlight bad data; Reconcile RTO/ISO statements;
Decentralization. The transformation from fossil fuel-based, centralized power supply to renewably resourced, decentralized energy distribution is one of the primary factors impacting future GENCO resource
Remember the “square peg/round hole” scene in the movie Apollo 13? “We gotta find a way to make this fit into the hole for this
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