Power management system

The grid is moving to substantially increase intermittent Variable Renewable Energy “VRE” (wind and solar) to over 50% average yearly production by 2050. Already, some grids are handling over 100% VRE in a full day. GE has been deeply associated with pioneering countries and has gained valuable experience that allows them to reach over 50% of VRE in their energy mix. GE Advanced EMS provides the solution to overcome challenges in operating within the new dynamics and complexities of today’s power systems. GE’s Advanced EMS is the framework to master renewable generation by integrating EMS, WAMS, Renewable, and Analytics into a modular solution. The market system for the new world Energy Market Systems are facing a transformation in terms of energy pricing, the value of services from regulation, dynamics in timing, and participant profiles and numbers. New regulations will appear as the renewable journey continues, requiring flexible market systems. GE’s Advanced Market System is designed to cope with this transformation. Advanced MMS is built in dense coordination with major leading RTOs in North America and with European market authorities. GE’s Advanced MMS is the framework to master energy trading with high renewable generation, by integrating Core Market operations, Modeling, and Analytics into one modular solution.