Power market trading system for PetroVietnam Power Corporation - PVPower (2011-2013)
Vietnam Power Market is operated in 2012, all of power generation companies must competitive to sell electricity in the market.
Vietnam Power Market is operated in 2012, all of power generation companies must competitive to sell electricity in the market.
The general objective of this project is to provide optimal solution for hydro power plants under PetroVietnam for operation and bidding in Vietnam Competitive Generation Market to maximize its revenue as well as profit based on market rules, actual condition of power plants and number of reservoir operation constraints. VietnamMW uses its optimization solution named Max Hydro Power (MHP) and Artificial Natural Network (ANN) model named Market Price...
Vietnam MW has been appointed to advise the Electricity Regulatory Authority of Vietnam on Wholesale Competitive Market Development. VMW tasks will include overseeing and coordinating the work of the various consultancies designing aspects of the wholesale market and assist the Resident Advisor in familiarizing with the existing Vietnam Wholesale Competitive Market (VWCM) conceptual design; research international practices and experiences in power sector...
To update and revise year ahead, month ahead and week ahead operational planning (project number 5), VietnamMW uses its Artificial Natural Network (ANN) model (Market Price Forecasting - MPF) to support Hua Na forecasting power market price, based on that, Hua Na can make its suitable strategist of operation, the tasks including:
Hua Na is biggest hydro power plant of PetroVietnam Power Corporation with installed capacity 180 MW, the plant supplies power to the national electricity grid with an average power of 717 million kWh per year. Since Commercial Operations Date (September 20, 2013), Hua Na has participated in VCGM directly and reap benefits but Hua Na would like to operate its power plant more and more efficiency, reap more and more benefits then VietnamMW uses its...
Pöyry Energy Ltd (a company incorporated in Thailand) is an international consulting and engineering company that serves clients globally across the energy, industry and infrastructure sectors: Hydropower, Renewable Energy, Thermal Power, Nuclear Energy, Transmission & Distribution, Energy Management Consulting. Vietnam MW (VMW) provides the Vietnamese electricity market consulting to Pöyry Energy Ltd,...
Electric Power Development Company (J-Power) is an electric utility in Japan. The records as of the end of March 2013 show that J-Power has built and operate 66 power plants with a total output capacity of about 17,000 megawatts and a transmission network of about 2,400 kilometers of power lines. And now, J-Power is finding opportunities to invest building some power plants in Vietnam. Vietnam MW (VMW) provides consulting service to J-Power,...