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Hydrogrid - Production Planning Services
If you own a flexible power plant, aligning your production to market prices is crucial to the financial results of your company. But if your plant is under 20 MW, you may believe that the financial benefit you can achieve from planning your dispatch in an optimal way does not justify the additional requirements this would place on your IT systems and team. This is why HYDROGRID offers end-to-end production planning services tailored specifically to the needs of small flexible hydro producers.
INDIVIDUAL MODELLING AND OPTIMIZATION OF EACH PLANT
Based on a detailed hydrological modelling of your plant as well as our high-precision price forecast, HYDROGRID will derive the optimal day-ahead generation plan for your flexible power plant whilst taking into account the efficiency best-point of your turbines. Our integrated optimization technology hereby allows us to tailor results individually to each plant: Depending on the storage volume of your plant, we apply the necessary long-, mid- and short-term forecasting and optimization procedures (spanning a planning horizon from years to only hours into the future) to ensure that you create maximal value from your production.
FULLY AUTOMATED INTERFACES
If you wish, HYDROGRID will communicate the optimal day-ahead market sales volumes directly to your current power trading partner and will schedule the correct dispatch of your plants for you by interfacing directly with your existing plant control / SCADA system. All necessary interfaces to enable daily automated production planning service will be implemented by HYDRORID at no additional cost to you. As a result, the daily optimal planning of your flexible plant is carried out in a fully automated fashion for you without the need to apply additional resources from your side so that you can focus on what is most important to you: The optimal performance of your portfolio.
FULL TRANSPARENCY AT ALL TIMES
As the owner of the plant, you are of course always up to date and can adjust the dispatch plan at any time (e.g. for required maintenance or other operational reasons). Our extensive reporting covers all aspects of optimization & plant performance and can be tailored to your needs, ensuring highest transparency.
OUR PROMISE
If you own a flexible power plant, we are confident in our ability to increase your revenues by optimally planning your production – that is why our fees are mainly performance based, allowing you to try our services risk-free.
IS YOUR FLEXIBLE PRODUCTION ALIGNED TO THE POWER MARKETS?
The Production Planning Package is ideal for producers aiming to profit from market opportunities for flexible generation whilst keeping their current trading & market access provider.
On a daily basis, HYDROGRID will derive the optimal day-ahead generation plan for your flexible power plant whilst taking into account efficiency best-point of your turbines. We then communicate the day-ahead market sales volumes directly to your current power trading partner and will schedule the correct dispatch of your plants for you by interfacing with your plant control / SCADA system.
By aligning the dispatch of your plant to the hours with the highest prices based on our cutting-edge price and inflow forecasts and integrated optimization model, we can increase revenues whilst at the same time saving you several hours of time each week.
- HYDROLOGICAL MODELLING & INFLOW FORECAST
- PRICE FORECASTING FOR DAY-AHEAD MARKET
- INTEGRATED LONG-, MID & SHORTTERM OPTIMIZATION
- DAILY CALCULATION OF OPTIMAL DAY-AHEAD SALES VOLUME
- INTERFACE TO CURRENT TRADING / MARKET ACCESS AGENT
- SCHEDULING OF OPTIMAL DISPATCH VIA PLANT CONTROL / SCADA SYSTEM
- REPORTING & BENCHMARKING
- OPTIMAL PLANNING OF NECESSARY MAINTENANCE