NCP

Short-Term Operation Schedule

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View the release notes for NCP 5.28

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NCP is a short-term operative optimization model that determines the least cost dispatch of power systems in hourly time steps or less (30, 15 or 5-minutes). The planning horizon ranges from a few hours up to two months ahead. The most common applications are the day-ahead, week-ahead and re-dispatch planning. NCP can also be used to determine revenue maximization dispatch strategies for electricity companies in competitive markets.

Modeling Capabilities

Integration with mid/long-term solutions

Target storage, target generation, terminal function

Typical horizon

The most common applications are the day-ahead, week-ahead and re-dispatch planning

Co-optimization of dispatch, reserve and inertia

Including nesting reserve modeling

Hydroelectric units

Forebay and flow ramps, inertia provision, unit commitment, net head, hill curve, etc

Thermal plants

Non-linear heat rate curve, start-up costs, CHP modeling, forbidden zones, etc

Storage devices

Round-trip efficiency, charge and discharge ramping constraints, maximum regulation time

Energy and reserve bids

For renewable sources, storage devices, thermal and hydro plants

Demand side management

Response to price, signals by segment by system, area, or bus-level

Multi-objective frequency control ancillary services

Largest generator contingency, system inertia, interconnection flows, absolute limits

And much more...

Accuracy of short-term planning

Effective resource management

Short-term planning should be in line with real life

Greater level of detail

Represents a wide diversity of elements and constraints

A more assertive dispatch

Provides intuitive results and simplifies qualitative analysis

Get NCP today

NCP is a cutting-edge short-term power system planning software designed to streamline the daily and weekly operations of your electrical power systems. By integrating demand forecasts, generation availability, and operational constraints, our solution ensures optimal resource management and maximizes economic efficiency. Trust PSR to deliver innovative tools that drive performance and reliability in your energy operations.

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Coupling short-term decisions with long-term objectives

NCP can be integrated with mid/long-term models such as SDDP, by reading a terminal function (future cost or benefit function) of a given week or month. It considers all elements modeled in SDDP plus additional information from sub-hourly operations.

The short-term energy planning tool is formulated by NCP as a large scale mixed-integer linear programming model. The problem is solved with state-of-the-art optimization techniques for Linear and Mixed-Integer Linear Programming (including Branch & Bound, branch & cut generation strategies, and heuristics).

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Complementary tools

The NCP license comes with additional tools designed to enhance your experience and productivity. PSRIO is a business intelligence tool for advanced data analysis and visualiation and PSR Cloud is a platform for remote execution in a distributed environment.

PSRIO

B.I. for Data Analysis

PSR Cloud

Cloud Computing Environment

Need help?

As an active user of PSR solutions, you have access to our support services and to our Knowledge Hub, a platform in which you can find documentation, frequently asked questions and detailed methodology.

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