AspenTech OSI Generation Management System
by Aspen Technology Inc
Generation management and market suite of power control applications
Generation utilities, independent power producers and deregulated market participants are tasked with the growing challenge of meeting optimal fleet performance while ensuring compliance with the latest regulatory and market protocol requirements.
AspenTech OSI Generation Management Suite of applications is at the forefront of managing the generation supply ranging from traditional nuclear and fossil fuel of various capacities to renewable resources including large scale energy storage devices and flexible loads. With a large install base of GMS customers, it has been instrumental in efficient monitoring, control, and regulation of a combined generation capacity of more than 750,000 MW worldwide.
Using our load / renewable forecast, scheduling and optimization tools, Real-time automatic generation control and market dispatch functions, our customers are efficiently and reliably able to participate in various ISO markets globally including ERCOT, PJM, MISO, CAISO, SPP, NYISO, AEMO and REE.
Our robust and field-proven GMS suite can enable your organization to advance your power generation operations with reliable real-time management and provides value-added benefits including:
Accelerated net zero journey and renewables goal, with the establishment of a centralized Renewables control center for operational management
Maximized financial opportunities and portfolio risk mitigation via energy and ancillary services market participation including with Virtual Power Plants
Fast solution deployment with built-in flexibility and adaptation of changing grid operations
Management and optimization of diverse resource fleet including generation resource planning, control, scheduling, dispatch and after-the-fact accounting
Modularity and effective upgrade process leading to low Total Cost of Ownership (TCO) while keeping the system evergreen
Integration and management of bulk assets and renewables in real time, including load forecasting
Automatic voltage regulation, fleet performance, energy accounting and evaluation
Integration with EMS for grid security analysis for balancing authority operation