Power markets are significantly changing due to increasing amounts of renewable energy. Power producers need to integrate green energy assets such as wind power into the total portfolio, and as consequence have to deal with more output variability and price volatility. In response to this, the operators need to increase operational flexibility. One way to achieve this is to integrate technical and commercial plant operations.
Information flow between trading, commercial and technical operations:
In order to evaluate benefits of integrated processes, SAP and Procom have started a co-innovation lab project (COIL) “IPO” linking economic dispatch scheduling with generation portfolio management, capacity scheduling, plant maintenance and resource scheduling:
Illustrating integration aspects at process map power operations:
To learn more about this topic, come to Workshop 13: Integrating Renewable Power into Technical and Commercial Power Plant Operations at the International SAP Conference for Utilities in Berlin, Germany on April 13 from 2:30 to 6:00 pm.
Looking forward to meeting you in Berlin!