Pace’s Capacity and Energy Market Analysis System (CEMAS) provides comprehensive analyses for market forecasting in the evolving power markets. As a utility grade production costing modeling system, CEMAS offers the following capabilities:

• Integrated power system simulation
• Hourly system optimization of demand, unit characteristics, transmission constraints, and fuel pricing
• Competitive market simulation for bid based market
• Fully allocated capacity and energy prices

Output information is provided in the following detailed reports:

• Time of day market pricing and operational reporting
• Projected market clearing price, unit dispatch, fuel usage, costs, and market revenues. 

Pace CEMAS Methodology

For each iteration, the Bidding Analysis Module evaluates expected all-in price outcomes which are benchmarked to historic & market forward market prices & spark spreads and evaluated based on new unit cost recovery and regulatory requirements such as reliability.