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Adica is an industry leader in providing Smart Market® business solutions and decision support for energy companies and government agencies worldwide. Our innovative software products, developed in collaboration with Argonne National Laboratory, provide unique and valuable insights that enable our clients to succeed in competitive energy markets.
EMCAS
The Electricity Market Complex Adaptive System (EMCAS) software provides advanced analytics to more accurately model and better understand the behavior of energy market participants. The short-term (hourly chronological) simulation mode of EMCAS uses Agent-Based Modeling techniques to provide unique and valuable insights for: Bid Strategy Evaluation, Resource Planning, Contract & Portfolio Optimization, and Price Forecasting & Risk Analysis.
The long-term expansion mode of EMCAS is designed for generation investment planning within a market environment. The user can chose to execute an agent-based approach with individual company agents using profit maximization as their objective, or a dynamic programming approach based on system wide cost-minimization.
GTMax
The Generation and Transmission Maximization (GTMax) Program is a powerful, adaptable and affordable energy software technology tool used to optimize hydrothermal generation while analyzing complex electricity market and regional interconnection issues. The model computes hourly energy transactions, production costs, and Locational Marginal Prices (LMPs).
GTMax worldwide clients include electric utilities, power merchants, transmission companies, government energy institutions and regulatory bodies, and research institutes, which use this energy software to:
• Evaluate firm contracts, energy exchange agreements, and IPP agreements
• Analyze economic implications of integrated operation of electricity systems
• Analyze competitiveness of individual generators
• Optimize hydro/thermal generation and spot market strategies
• Project regional hourly market clearing prices
• Analyze potential for distributed generation and demand side management
WASP-IV
WASP is the International Atomic Energy Agency’s (IAEA) most widely used energy software technology – distributed for use in over 90 countries. The software determines the least-cost generating system expansion plan that adequately meets demand for electrical power while respecting user-specified constraints on system reliability. WASP uses probabilistic simulation to calculate production costs for a large number of possible future system configurations and dynamic programming to determine the optimal expansion plan for the electric power system considered.
The latest version of the software, called WASP-IV, is designed to operate under MS Windows and incorporates several enhancements that greatly increased the model’s value to end-users, including the ability to: 1.) represent pumped-storage hydro projects; 2.) calculate environmental emissions; and 3.) introduce constraints on environmental emissions, fuel usage and energy generation.
MAED
The Model for Analysis of Energy Demand (MAED) Software is used to prepare forecasts of electricity demand that are consistent with a countries’ economic and industrial development objectives and possibilities. MAED provides a flexible simulation framework for exploring the influence of social, economic, technological, and policy changes on the long-term evolution of energy demand. Special emphasis is given to the forecast of electricity demand, not only in terms of total annual requirements, but also in terms of the hour-by-hour distribution of power demand throughout the year.
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