The CRG Power Plant Tolling Scheduler is a powerful tool that enables owners and operators of gas fired power plants to optimally plan their generation schedules.

This model is able to consider the start/stop and other operational constraints in the valuation and scheduling of a gas-fired tolling power plant. The model uses a Margrabe-type formulation to value the individual options and a dynamic programming methodology to value the optimal portfolio. The model has the following features:

• Multi-year/term valuation.
• The model uses ramp up and ramp down heat rate tables.
• The model can consider additional plant capacity due to duct firing.
• The model can use different cost schedules depending on the seasonality and maturity.
• The model allows the user to specify the on peak, off peak and weekend schedules.
• The plant down times and holidays can be defined.
• For each start/stop, the model provides detailed operational results.
• User-friendly interface.
• XML based data input/output.
  

For more information, please contact us.