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EnWorkz Inc Released Unit Commit Software
EnWorkz Inc, an Energy Solutions Provider has just released state-of-the-state Unit Commitment Solution.
"The EnWorkz Unit Commitment Solution provides state-of-the-art capabilities for optimizing the utilization of electric power generators, particularly when demand and prices are uncertain, or when high-precision analysis is needed", said Jim Christian, Chief Technology Officer, EnWorkz Inc. The solution is targeted at plant and system operators, traders, and investors who need to maximize generator profits, minimize system operating costs, formulate bidding strategies, determine generation asset values, or forecast electricity prices.
The EnWorkz Unit Commitment Solution is one of the most sophisticated optimization platforms currently available in the electric power industry. The core of the system is a proprietary technology for stochastic dynamic programming, which is used to calculate a profit-maximizing generator schedule given an uncertain forecast of energy and ancillary services prices. This technology is combined with the well-known Lagrangian Relaxation framework to optimize multiple-generator schedules.
EnWorkz is currently negotiating with a customer to deploy its software for the use in portfolio analysis and valuation
About EnWorkz Inc
EnWorkz, Inc. provides analysis and optimization tools to help electric power market participants make better and more timely decisions regarding scheduling, bidding, trading, and other key activities. In addition, our WebMeterSystem energy information system provides energy service providers and utilities a real-time platform for opportunistic curtailment management, dynamic pricing discovery, and trading decision support. For more information, visit http://www.enworkz.com
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