For studies within the Western Electric Coordinating Council territory, GridView provides an industry-accepted simulation approach. The advanced analysis methodology combines generation, transmission, loads, fuels, and market economics into one integrated framework to deliver location dependent market indicators, transmission system utilization measures and power system reliability and market performance indices. It provides invaluable information for both generation and transmission planning, operational decision making and risk management.
GridView uses state-of-the-art modeling technology to simulate security-constrained unit commitment and economic dispatch. It produces unit commitment and economic dispatch that respect the physical laws of power flow and transmission reliability requirements. As such, the generation dispatch and market clearing price are feasible market solutions within real power transmission networks.