About UPLAN
UPLAN is a market simulation model software from LCG Consulting that supports short and long-term analysis for power networks. It includes features such as services news, press releases, data archives, and consulting tools so users can make informed decisions based on comprehensive data. UPLAN-NPM specifically provides unique insights into market dynamics and trends, aiding analysts in understanding both immediate and future scenarios in energy markets. The software also helps in evaluating the impact of policy changes and market regulations. Key capabilities: market simulation data analysis consulting services news updates product support Best for: energy analysts and consultants who need reliable tools for market analysis and forecasting.
UPLAN Network Power Model (UPLAN-NPM) by LCG Consulting is a powerful energy market simulation software designed for accurate electricity market forecasting, system optimization, and risk analysis. It provides utilities, grid operators, and energy regulators with an advanced platform for modeling the physical and financial behavior of power systems under real-world operational constraints. UPLAN stands out for its structural, nodal-based design that integrates Security-Constrained Unit Commitment (SCUC) and Security-Constrained Economic Dispatch (SCED), enabling precise hourly Locational Marginal Price (LMP) projections. It goes beyond conventional models by incorporating a multi-commodity Nash Equilibrium algorithm, which simulates market competition and bidding dynamics, as well as the UPLAN-ACE system that models both Day-Ahead and Real-Time markets with five-minute resolution, including renewable and battery resources. The software’s performance is strengthened by the UPLAN PowerStack Cluster, which enables distributed computation to handle large-scale simulations efficiently, a necessity for long-term planning and detailed market forecasting. Despite its data-intensive nature and steep learning curve, UPLAN’s accuracy and reliability are unmatched—trusted by leading utilities, Independent System Operators (ISOs), and even the U.S. Energy Information Administration (EIA) for official projections.
Pros & Cons
- Simulates electricity markets using SCUC and SCED like real-world ISOs.
- Models both AC and DC power flow for accurate dispatch and congestion management.
- Projects hourly Locational Market Prices (LMP) with full transmission modeling.
- Supports long- and short-term forecasting, asset valuation, and risk management.
- Includes volatility modeling and maintenance scheduling tools.
- Features a distributed computing cluster to reduce simulation run-time.
- Integrates seamlessly with SQL databases and external APIs.
- Offers advanced clearing engine for Day-Ahead and Real-Time market simulation.
- Requires technical expertise in power systems and market operations.
- No public pricing; must contact for quotes or trials.
- Setup and configuration may be complex for new users.
- Best suited for utilities, ISOs, and energy market analysts.
Features
Key features
Simulates the electricity market using protocols similar to those used by ISOs for coordinated energy and ancillary service procurement.
Ensures all transmission constraints, line contingencies, outages, and physical constraints are obeyed by integrating them into the commitment and dispatch process.
Replicates operator protocols and market procedures using a complete transmission model to project hourly Locational Market Prices (LMP).
Realistically characterizes generator market participation based on marginal cost-based bidding and arbitrage.
Dramatically reduces the run-time by running the software in a distributed computing environment.
A companion system that replicates ISO operation by modeling the Day-Ahead Market (DAM) hourly and the Real-Time Market (RTM) every five minutes.
Additional features
Incorporates a rich, integrated representation of physical and financial characteristics for electric system operation.
Projects hourly Locational Market Prices (LMP) for short and long-term analysis.
Utilizes either DC or AC power flow simulation for Security Constrained Economic Dispatch (SCED) to manage congestion.
Performs long-term valuation of assets like generators based on market simulations.
Used for volatility, hedging, and risk management analysis.
Performs coordinated procurement of energy and ancillary services based on marginal cost or bids.
Manages congestion through SCUC/SCED and optimal re-dispatch.
Performs full-fledged contingency analysis with Security Constrained Unit Commitment (SCUC) and Security Constrained Economic Dispatch (SCED).
A novel feature that ensures all transmission, line, outage, and physical constraints are obeyed during system optimization.
Has no intrinsic limitations on the size of the system, speed of calculation, or number of components (generators, buses, contingencies).
Simulates the market by determining optimal unit commitment subject to security constraints.
Optimally re-dispatches the system to manage congestion while obeying transmission constraints and post-contingency analysis.
Replicates the engineering protocols and market procedures of a system operator.
Utilizes a complete transmission model to project hourly Locational Market Prices (LMP).
Simulates generator market participation, bidding, and arbitrage using a state-of-the-art algorithm.
Performs a reliability check similar to those used by market operators.
Enables the simulation of volatility in fundamental drivers like load and fuel prices for incorporation into system operations and prices.
Determines the economic scheduling of generator maintenance to stabilize reliability over time.
A programming interface used for process automation and simplifying data import.
A utility tool that runs UPLAN in a distributed computing environment to significantly reduce run-time.
Client and Server configuration utilities that provide easy installation for the SQL database, client workstations, and monitoring of the PowerStack Cluster.
Has a sophisticated built-in load flow program that optimizes load flow hourly for both unit commitment and economic dispatch.
A companion system that models the Day-Ahead Market (DAM) hourly and Real-Time Market (RTM) every five minutes.
Used for analysis covering both short-term daily/weekly operations and long-term asset planning.
Pricing
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About UPLAN
UPLAN is a market simulation model software from LCG Consulting that supports short and long-term analysis for power networks. It includes features such as services news, press releases, data archives, and consulting tools so users can make informed decisions based on comprehensive data. UPLAN-NPM specifically provides unique insights into market dynamics and trends, aiding analysts in understanding both immediate and future scenarios in energy markets. The software also helps in evaluating the impact of policy changes and market regulations. Key capabilities: market simulation data analysis consulting services news updates product support Best for: energy analysts and consultants who need reliable tools for market analysis and forecasting.
UPLAN Details
UPLAN's In-App Market Place
Does UPLAN have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
No
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CHF (CHF), CNY (¥), INR (₹), RUB (₽), BRL (R$), MXN (Mex$), KRW (₩), ZAR (R)
Pros & Cons
- Simulates electricity markets using SCUC and SCED like real-world ISOs.
- Models both AC and DC power flow for accurate dispatch and congestion management.
- Projects hourly Locational Market Prices (LMP) with full transmission modeling.
- Supports long- and short-term forecasting, asset valuation, and risk management.
- Includes volatility modeling and maintenance scheduling tools.
- Features a distributed computing cluster to reduce simulation run-time.
- Integrates seamlessly with SQL databases and external APIs.
- Offers advanced clearing engine for Day-Ahead and Real-Time market simulation.
- Requires technical expertise in power systems and market operations.
- No public pricing; must contact for quotes or trials.
- Setup and configuration may be complex for new users.
- Best suited for utilities, ISOs, and energy market analysts.
UPLAN's Support Options
Email Address
support@energyonline.comContact
(650) 962-9670UPLAN's Alternatives
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