A look at the introduction of the new Very Fast Contingency FCAS markets
Your world of energy.
Gridcog provides holistic software to plan, track, and optimize your transition to a decentralized and decarbonized energy future.
Our software is trusted by leading energy suppliers, distributors, innovators, and consumers; connecting the entire energy value chain.
The Project Designer enables you to define complex multi-market, multi-site, and multi-asset energy projects. Scenario based assessments enable alternative pricing assumptions, commercial models, and asset combinations to be tested, and our intuitive interface makes it easy to model everything from transmission-connected utility-scale systems to large multi-site behind-the-meter portfolios.
The Library provides a repository of reusable modeling inputs. It includes interval meter data sets, network tariff definitions, retail supply arrangements, forward wholesale price curves, project costing assumptions, power purchase agreement and demand response contracts, battery degradation schedules, electric vehicle charging utilization assumptions, and more. Everything in the library is security controlled, change managed, and versioned, ensuring the integrity of your project models.
Our cutting edge Simulation & Optimisation Engine integrates rigorously tested parametric models for multiple kinds of energy resources, a billing-grade pricing and rating engine for commercial calculations, and an advanced optimiser to accurately represent the control system that will orchestrate and optimize your energy resources. Cloud computing means every simulation and optimization job runs on dedicated and scalable compute resources.
Gridcog tracks and reports on the actual and modeled performance of your asset portfolio. We integrate details of your commercial arrangements, site meter and asset telemetry data, irradiance and wind resource data, and wholesale market data to provide a view of the entire value-stack, actual and expected, enabling you to detect performance issues, assure project revenues and maximize your commercial and environmental outcomes.
In this blog we take a look at key market developments and potential themes for winter 2023 in the UK, we draw comparisons to Winter 2022 and highlight key things that have changed over that timeframe.
Ensuring an energy project has an optimal commercial structure can determine whether the project is viable or not. In this article we take a look at some of the common commercial structures in renewable energy and flexibility projects including PPAs, supply arrangements and asset optimisation structures and how demonstrate these can be modelled in Gridcog.