Natural Resources Canada
The objective of this project was to focus on developing the capabilities of Opus One DERMS in two key areas: Market Simulation and Flexibility Planning. These enhancements assist in the integration of existing Opus One DERMS platform modules and help improve techno-economic modeling which is critical for assessment of end-to-end designs for power system modernization.
For the Opus One DERMS Market Simulation software module, capabilities to be assessed for future development include:
- Flexibility market simulation
- Market clearing optimizations based on least-cost resources
- Sub-transmission analysis
- Interactivity for bid modification in short timeframes
- Dashboard outputs from market simulations
- Spreadsheet outputs from market simulations
Under the Opus One DERMS Flexibility Planning software module, capabilities to be explored for this pilot project were:
- Valuation of potential investment scenarios
- Demand Response (DR) market participation by distributed energy
- Resources (DERs) for load-reducing and load-shifting in both simulation and operations
- Network model ingestion management.
The following features were successfully developed for this pilot project: market simulation (allowing distribution system operators to better understand market flow), peer-to-peer/peer-to-network services (providing options for market participants to conduct bids and offers into a pool or with each other), sub transmission (analyze power flow on multiple voltage levels with a more granular analysis of needs), and contingency analysis (upon failure of a feeder). These features are currently being used in the software currently for future customer offerings as Opus One expands into Europe to support the Flexibility market definition globally. Through this development work, the company’s engineering solution is designed to help increase deployment of clean energy technologies with the additional goal of facilitating electricity rate reductions to customers, through cost-effective solutions for managing supply, demand and delivery.