Our Methodology
ESAI Power employs two models to forecast zonal energy prices in the three Northeast Power Pools (PJM, NY, NE). This first is a proprietary economic dispatch model for long-term market forecasts, generating 8,760 pricing rolled up to monthly and yearly forecasts, delivered as on-peak, off-peak, and/or 7X24 prices. While the second is a Security Constrained Optimal Powerflow (SCOPF) model for more short term forecasts, which generates nodal prices, and allows for location specific analysis of assets as affected by load, capacity, and/or changes in the grid. Both of these models utilize proprietary inputs from ESAI Power giving us unique insights and results unmatched in the marketplace.
CORE CAPABILITIES
- Risk Management & Hedging Expertise
- Regulatory insight and coverage of the three Northeast Power Pools (NE, NY, PJM)
- Capacity Market design, modeling and forecasting expertise
- Generator Project Evaluation Program
- Transmission project assessment and evaluation expertise
- Proprietary economic dispatch modeling for long-term market forecast, generating 8760 pricing rolled up to monthly and yearly forecasts, delivered as on-peak, off-peak, and/or 7X24 prices
- Security Constrained Optimal Powerflow (SCOPF) Modeling that generates nodal prices, allows location specific analysis of assets as affected by load, capacity, and/or changes in the grid
- Applied market knowledge
- Unparalleled proprietary modeling capabilities
- Integrated market approach
Visualization of full PJM dispatch post-RTO expansion:
