Generation Assessment System (Genesys) – Software Redevelopment

This project aims to provide a modeling software that updates and enhances the GENESYS model used by the client to better understand the impacts of changes in the operation of the hydroelectric system on the regional energy system and to develop its regional energy plan. The redesigned modeling software has the following features: (i) Improve the software’s hourly simulation of generation resource operation (maintaining the Monte Carlo method); (ii) Allow the inclusion of additional random variables for the Monte Carlo simulation; (iii) Evaluate other possible adequacy measures; (iv) Incorporate reserves into an optimized dispatch; (v) Improve market representation; (vi) Include fuel accounting and forecast error; (vii) Model variable generation resources, such as wind and solar. The project also includes training for the client’s employees on the developed model.