X-Nico

unusual facts about energy market



AIMMS

Alstom Grid uses AIMMS as the modeling and optimization engine of its energy market clearing software.

Electricity market

The earliest introduction of energy market concepts and privatization to electric power systems took place in Chile in the early 1980s, in parallel with other market-oriented reforms associated with the Chicago Boys.


see also

AIMMS

Together with Alstom Grid, AIMMS (formerly known as Paragon Decision Technology) was part of the analytics team of Midwest ISO that won the Franz Edelman Award for Achievement in Operations Research and the Management Sciences of 2011 for successfully applying operations research in the Midwest ISO energy market.

Public Utility Regulatory Policies Act

This free market approach presented investment opportunity and government encouragement for more development of environment-friendly, renewable energy projects and technologies; the law created a market in which non-utility Independent Power Producers developed, and some energy market players failed.