Produce cost-effective generation expansion plans with SERVM
SERVM helps system planners evaluate resource adequacy, integrate renewables, and produce an economically optimal expansion plan that addresses all reliability and environmental requirements.
SERVM’s proprietary algorithms rapidly simulate thousands of scenarios in the time it typically takes other tools to simulate just one, enabling users to quickly evaluate a wide distribution of scenarios.
Simultaneously analyze economic and reliability factors
SERVM offers deep insights into grid performance, capturing the impacts of weather, emergencies and market dynamics to ensure both cost-effective and reliable planning.
Test expansion plans against all considerations
Get a holistic view of resource planning with robust considerations for load growth, changing demand patterns, and synergies among resource classes.
Key features
Resource Adequacy Analysis
Market Simulation and Economic Analysis
Capacity Valuation
Renewable Integration
Resource Adequacy Analysis
SERVM is designed to accurately model actual system operations. Users can assess system reliability while considering a wide range of scenarios and risk drivers, including extreme weather, resource performance, and market constraints.
Market Simulation and Economic Analysis
Users are able to analyze the economic impacts of different scenarios while also considering resource adequacy and system reliability.
SERVM’s zonal modeling allows for multiple balancing areas to be simulated, and power can be shared subject to transmission limits and economics.
All results from SERVM are rigorously benchmarked against solutions from commercial mathematical solvers, ensuring dependable economic analysis.
Capacity Valuation
SERVM can be used to quantify the capacity value of different resources, including energy-limited resources like solar, wind, storage and demand response.
Users can assess capacity values while factoring in portfolio size(s), changing resource mixes, and different load shapes.
Renewable Integration
While traditionally used as an hourly model, SERVM’s sub-hourly modeling capabilities allow users to analyze the feasibility and costs of integrating renewable resources into the current system.
Resource Adequacy Analysis
Resource Adequacy Analysis
SERVM is designed to accurately model actual system operations. Users can assess system reliability while considering a wide range of scenarios and risk drivers, including extreme weather, resource performance, and market constraints.
Market Simulation and Economic Analysis
Market Simulation and Economic Analysis
Users are able to analyze the economic impacts of different scenarios while also considering resource adequacy and system reliability.
SERVM’s zonal modeling allows for multiple balancing areas to be simulated, and power can be shared subject to transmission limits and economics.
All results from SERVM are rigorously benchmarked against solutions from commercial mathematical solvers, ensuring dependable economic analysis.
Capacity Valuation
Capacity Valuation
SERVM can be used to quantify the capacity value of different resources, including energy-limited resources like solar, wind, storage and demand response.
Users can assess capacity values while factoring in portfolio size(s), changing resource mixes, and different load shapes.
Renewable Integration
Renewable Integration
While traditionally used as an hourly model, SERVM’s sub-hourly modeling capabilities allow users to analyze the feasibility and costs of integrating renewable resources into the current system.
Integrated
with robust considerations
Reliability planning is inherently high-impact, low-probability analysis. SERVM models have been developed to capture a wide distribution of possible events and accurately reflect system operations including:
Emergency operating procedures
Effects of weather variability on load, renewable, and hydro output
Efficient energy storage charging and discharging
Ancillary service eligibility across resource classes
Conventional outage patterns during extreme weather
Dynamic market interactions that reflect transmission and resource availability constraints
Discover the power of SERVM
Experience how SERVM can transform scenario modeling to assess resource adequacy and expansion planning. This unique software simultaneously combines reliability and economic analysis to help you ensure your power system is ready for the future.
Cambridge Energy Solutions’ unique simulation software capabilities power the needs of financial services firms, trading organizations, and other competitive energy market participants
