Hydro generation poses unique modeling challenges to address volumetric uncertainty, optimization of complex operating constraints, and relationship of seasonal flows to market prices. Assets with storage face the additional challenge of optimizing energy and ancillary service values as well as the timing of reservoir withdrawals. Whether your hydro assets are a simple run of river or a cascading hydro system with seasonal storage, Ascend has the capabilities to address your needs.
Ascend’s software solutions have earned a reputation for excellence in adding value that spans the continuum of time from short-term system operations to intermediate term portfolio management and long-term resource planning and asset valuation. By making better models, we support better decisions through capturing the physical dynamics of asset operations with market conditions and the system requirements. Our software models allow energy companies to improve hydro asset scheduling, increase cash flow certainty, optimize hedge design, and develop long-term capacity expansion plans.
Key benefits include:
- Simulation of stream flows with integration of seasonal forecasts
- Correlation of regional flows with market prices
- Modeling of cascading hydro storage system with seasonal storage
- Detailed shaft-level modeling
- Joint optimization of energy ancillary services
- Valuation to market prices or load
Ascend Analytics has combined industry-leading model capability with robust client support. This allows our customers to dramatically improve decision analysis and gain competitive advantage in the marketplace.
Our solutions are used by dozens of energy companies in North America and Europe.
For more information contact us