We have designed two proprietary models to analyse the electricity and heat markets and to assess the impact of policy developments on the market or to assess the value of investments or existing assets. For any question or a free demonstration of our models, please contact us.
Our Models
We have designed two proprietary models to analyse the electricity and heat markets and to assess the impact of policy developments on the market or to assess the value of investments or existing assets. For any question or a free demonstration of our models, please contact us.
PPSGen
The Power Price Scenario Generator (PPSGen) is a transparent model of the electricity generation in the Benelux, Germany, France, and the UK. PPSGen determines market prices per hour, delivers merit orders, taking into account the developments of renewable energy, evolution of demand, new generation facilities as well as mothballing, seasonal must run obligations, cross border capacities, fuel and CO2 prices, decentralised production (by industrials for example), and technical specifications of power plants.
Non exhaustive example of assignments for which we have used PPSGen: assessing the business case of using hydrogen in coal power plants, valuating existing and potential pump hydro storage assets, and calculating the influence of CO2 prices on the profitability of existing power assets and the fuel mix. The demand for electricity and supply of renewable energy (especially wind and solar PV) is based on actual hourly data, taking weather conditions for those hours into account. For this purpose historical years are applied and scaled to the requested forecast year.
PPSGen is modelled in Matlab and Python.
PPSGen is different from other models as its calculation times are extremely short (a few minutes per year) and provides complete transparency regarding all assumptions and inputs. Our model does not work with a “black box”. PPSGen is continuously updated to reflect any changes in new built plans, mothballing of regulations which have a potential impact on the merit order. Questions regarding PPSGen can best be adressed to Maarten van der Kloot Meijburg or Ruut Schalij.