Power System
Economics and Market Modeling with PowerWorld Simulator
This two-day advanced course discusses today's LMP power markets and how to model
them with PowerWorld Simulator. Participants will learn:
- fundamentals of LMP power markets;
- fundamentals of linear programming optimization techniques;
- how to develop a large-scale power flow case and perform LMP market simulation;
- how to model system contingencies in detail, including conditional remedial
action schemes (RAS)/special protection schemes (SPS); and
- how to develop a time-step grid for hourly system simulation.
Participants will also see examples of automation applications for LMP market simulation and
learn how to use advanced add-on analysis tools in PowerWorld Simulator, including:
- Optimal Power Flow (OPF)
- Security-Constrained Optimal Power Flow (SCOPF)
- Optimal Power Flow with Reserve Markets
Course Agenda
Prerequisites
Introduction to PowerWorld Simulator: Interface and Common Tools
Tuition
US$1200
Registration
Please complete the
registration form and send to Kelley Shimmin at +1 (217)
384-6329 (fax).
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