PROBE - Portfolio Ownership & Bid Evaluation
PROBE is a high performance simulation software that provides a simple and efficient study and decision support tool for electricity markets. The software has remarkable abilities to simulate the day-ahead and real time LMP-based market clearance, utilizing a full transmission model and conventional N-1 contingency analysis.
Over 15 years PowerGEM developed two flavors of PROBE software:
- Several ISO custom versions have been developed for PJM, MISO, ISO-NE, NYISO, and CAISO with the support and funding from these ISOs and customized for DA, RAC and RT applications. The ability to work closely with market design experts at each ISO resulted in detailed modeling and an unparalleled resemblance to production full scale power systems and actual market results. Click here for more information on PROBE for ISOs
- PROBE LT is a general non ISO specific version for performing market simulation for single or multiple ISOs/regions. PROBE LT utilizes planning load flow models and other transmission data used by transmission planning products like PowerGEM TARA. PROBE LT is a single solution that can address short term analysis including sub-hourly time step as well as long term “year out” market efficiency studies. For non-LMP regions, PROBE is a powerful unit commitment and production cost calculator, providing key operations and planning information. Click here for more information on PROBE LT
Click here for printable PROBE overview