User driven stochastic power fundamental market model

KYOS Power fundamental market model KyPF combines power market fundamentals & Monte Carlo price simulations. Would you like to:

  • Forecast future power prices?
  • Based on a changing market structure?
  • While taking into account volatile market conditions?

Then learn about our new energy market analysis tool: KyPowerFundamentals (KyPF), which is now part of the KYOS Analytical Platform. KyPF combines power market fundamentals & Monte Carlo price simulations!

Improved decisions in volatile markets

Traditional fundamental market models rely on deterministic forecasts of fuel and emission prices. But these price drivers are actually very volatile. KyPF offers a unique solution to take better strategic decisions in volatile energy market conditions, merging fundamentals with Monte Carlo.

KyPF uses advanced techniques to identify the optimal hourly dispatch of all power plants in the market. It has the unique feature of integrating true Monte Carlo analysis with fundamental power market modelling, providing a much broader perspective on potential future developments than in the traditional deterministic fundamental market models. Moreover, it is easy to use with the web-based interface, sharing many features with the other models in the KYOS Analytical Platform.

More information

The KYOS Analytical Platform’s fundamental market analysis capability offers the flexibility to explore a wide range of power market developments. It is most suitable for making medium- to long-term price assessments, analyzing the implications of changes in policies, fuel prices, macro-economic variables, technological developments, and more. The user is in full control of each scenario, with key drivers such as demand forecasts and growth, wind and solar production, commodity and emission price developments, and new builds and retirements of plants.

Optimal economic dispatch of hundreds or even
thousands of plants

  • Detailed hourly modelling of each individual power plant, including start curves, maintenance periods, minimum up and down time, etcetera
  • Multi-market scenarios, including optimization of interconnection flows
  • Modular and scalable model architecture, suitable for parallel computing
  • Fully integrated in the KYOS Analytical Platform, including web interface and database
  • Includes model for forecasting future load, solar and wind production
  • Can be combined with advanced Monte Carlo simulations for generating joint simulations of power prices, fuel prices, emission prices, load, solar and wind production.

For more information about power market fundamentals & Monte Carlo, please download the description. Or contact us for a demonstration.

Link to article: KYOS KyPF model information