Exciting news: OptGen 9.0 is now integrated into SDDP 18
About OptGen
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.
Modeling capabilities
Full Integration with SDDP
Harness the full capability of our stochastic dispatch model.
Environmental Criteria
Incorporates clean energy certificates, emission costs, and limits to meet sustainability goals.
Resilience Planning
Considers high-impact, low-probability events to enhance system robustness.
Investment Cost Reduction Curves
Reflects technological advancements and other factors to capture the evolution of investment costs.
Relationship constraints between projects
Manages mutually exclusive projects, associative constraints, and precedence between investments.
Reliability
Allows energy supply reliability criteria using Coral, our reliability tool.
Firm Energy and Firm Capacity Constraints
Enforces system policies to ensure secure energy supply.
Governmental Energy Policies
Addresses decarbonization policies and renewable source penetration targets.
Flexibility
Integrates Dynamic Probabilistic Reserve (DPR) into the expansion planning process.
And much more…
OptGen Optimizes the Balance Between Investment Costs and Operational Costs
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.
SDDP and OptGen are recognized as the most advanced simulation engines for energy markets, offering cutting-edge analytical tools and support for professionals such as modelers, power generators, and analysts.
OptGen is Fully Integrated with Our Stochastic System Dispatch Tool
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.
Complementary tools
The OptGen license includes a suite of additional tools developed to enhance your experience and productivity.
As an active user of PSR solutions, you have access to our support services and our Knowledge Hub — a platform where you can find documentation, frequently asked questions, and detailed methodologies.