Energy Systems Consulting, Inc.

Tradelec(tm)

Tradelec(tm) is OnLocation's short-term electricity model designed to analyze electricity markets over the next decade. The scope is narrower and more detailed than the integrated models. Electricity regions are represented at the power market area level, but the temporal representation is much greater. Tradelec simulates dispatching of generators and trading by hour throughout the year. As a result, detailed price duration curves can be constructed for any region. A key feature is the trading and competitive pricing algorithm which projects prices taking into account not just the generators in a single region, as would a traditional dispatch model, but also all trading opportunities.