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Home > Software > OptGen – Integrated Resource Planning > OptGen – Integrated Resource Planning
Exciting news: OptGen 9.0 is now integrated into SDDP 18
OptGen is a long-term capacity expansion planning model that determines the optimal sizing, least-cost capacity expansion plan, and timing for the construction, reinforcement, and decommissioning of generation capacities, transmission networks, and energy supply chains.
Harness the full capability of our stochastic dispatch model.
Incorporates clean energy certificates, emission costs, and limits to meet sustainability goals.
Considers high-impact, low-probability events to enhance system robustness.
Reflects technological advancements and other factors to capture the evolution of investment costs.
Manages mutually exclusive projects, associative constraints, and precedence between investments.
Allows energy supply reliability criteria using Coral, our reliability tool.
Enforces system policies to ensure secure energy supply.
Addresses decarbonization policies and renewable source penetration targets.
Integrates Dynamic Probabilistic Reserve (DPR) into the expansion planning process.
And much more…
OptGen’s goal is to minimize the sum of investment costs for constructing new projects and the expected value of operational costs, subject to reliability constraints in energy supply. OptGen is the only tool on the market capable of co-optimizing Generation, Transmission, and Dynamic Probabilistic Reserves. This way, OptGen can determine which projects should be built and when.
OptGen initiates the optimization process with expansion planning. The subsequent phase, related to operation planning, is conducted by SDDP, our stochastic dispatch model with transmission constraints. This iterative two-phase approach ensures a detailed and balanced representation of supply and demand. By sharing the same database for operational and investment information, OptGen and SDDP continuously refine the expansion plan, ensuring consistency and accuracy across all planning stages.