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Independent Evaluation Selects EMCAS as Top Strategic Regional Electricity Model by Bruce Hamilton Added: Jul 25th 2007, 12:06

Screen Capture of Czech Strategic Regional Electricity Market Base Case in EMCAS

Screen Capture of Czech Strategic Regional Electricity Market Base Case in EMCAS

Having joined the EU, the Czech Republic is part of a union that encourages cooperation, transparency and free access to the electricity marketplace. In 2006, a consortium comprised of a system operator (OTE), regulator (ERU), transmission company (CEPS), and Ministry (MI&T) in the Czech Republic hired an
independent consulting firm (Deloitte) to conduct a survey of commercially available software for electricity market simulation, which can be used to assist various stakeholders in the Czech Republic in providing key “educated answers” to several important energy questions.

An initial search led to the consortium contacting nine software vendors to request publications, documentation and demonstration models. After a detailed review, the consortium requested demonstrations of four “best-of-class” solutions. In June 2006, the consortium selected the EMCAS software distributed by ADICA as the top pick for their Strategic Regional Electricity Model.

About EMCAS
The Electricity Market Complex Adaptive System software is designed to meet the growing need for advanced modeling approaches that simulate how electricity markets may evolve over time. EMCAS employs an innovative agent-based modeling approach to more accurately model the complex interactions between physical infrastructures (generation, transmission, and distribution) and economic behavior of market participants.

About ADICA
ADICA is a leading provider of energy consulting and cutting-edge energy system analysis software for Government Agencies and Energy Companies worldwide. Headquartered in Oak Brook, Illinois, USA, ADICA specializes in the application of innovative agent-based modeling software created by Argonne National
Laboratory for simulating electricity markets. ADICA is worldwide distributor of the EMCAS software. Print Back to All Articles

About the Author

Author: Bruce Hamilton
Website: www.adica.com

Bruce Hamilton has over 22 years experience in the development of IT applications and analysis of energy systems, including the leadership he provided for energy and environmental projects conducted, in over thirty countries, for the World Bank, U.S. Department of Energy, and International Atomic Energy Agency (IAEA).

Mr. Hamilton is Founding Member and President of ADICA Consulting. His previous employment includes 10 years at Argonne National Laboratory where he led international energy planning projects, and 5 years at the International Atomic Energy Agency (IAEA), in Vienna, Austria, where he served as Head of the Energy Modeling, Databanks and Capacity Building Unit.

As a course director and lecturer, Mr. Hamilton trained over 1000 experts from 60 countries in the areas of energy markets, generation expansion planning, energy policy analysis, demand forecasting, environmental assessment, and financial analysis of energy options. He is also Author/Co-Author of more than 30 publications, including the Reference Book on Enhanced Electricity System Analysis for Decision Making.

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