Gas Supply Planning and Optimization
SENDOUT provides detailed dispatch optimization and assesses gas portfolio cost, revenue, and reliability while considering operational constraints and economic parameters.
How can I be sure that I am constructing and maintaining a reliable gas portfolio at least cost?
What tools are available to help me defend my gas portfolio decisions and transactions to internal and external stakeholders?
How can I maintain a flexible, repeatable, and transferable gas portfolio planning process?
SENDOUT includes a detailed supply portfolio optimization module, which incorporates scenario and stochastic analysis and an asset valuation module, which simulates forward curves and related trading behavior. The software suite provides an assessment of gas portfolio costs, reliability, risks, and opportunities revealing the impact of potential operating, weather, and price conditions. Ultimately, SENDOUT provides an integrated platform for short-term through long-term portfolio optimization, decision evaluation, and asset valuation.
- Supports a proven and defendable resource planning process
- Evaluates multiple decision criteria simultaneously
- Provides optimization of portfolio utilization and costs within operating constraints
- Maximizes financial results by managing weather and price risks
- Increases revenues by assessing capacity release and sales opportunities
- Reduces regulatory costs through improved compliance and procedures
- Helps sustain a consistent and repeatable planning methodology
- Compares multiple scenario results and dispatch decisions side by side
- Improves analytical quality with a sophisticated, comprehensive, and flexible approach to gas supply planning
SENDOUT is comprised of two integrated components.
1) Optimization Module - provides two optimization types:
- Standard Optimization: determines optimal use of existing resource portfolio to meet projected load requirements in a least cost manner based on variable costs only (considers fixed costs sunk)
- Resource Mix Optimization: evaluates and optimally sizes potential contracts and sales opportunities while meeting load requirements in a least cost manner based on the fixed and variable costs associated with optional resources.
2) Monte Carlo & Risk Assessment Module
- Provides weather and price simulation for risk-based uncertainty planning
- Assesses the impact of market volatility on the portfolio's performance, identifying areas of both opportunity and risk
Key Features
- Easy scenario and simulation creation with minimal data manipulation
- Fast simulation and optimization run times
- User-friendly, flexible and intuitive interface specifically designed for the gas industry
- Comprehensive list of data items and parameters to accurately model gas system intricacies
- Flexible data management encompassing various input options and integration with Microsoft Excel
- Customizable reports/graphs and seamless output download to Microsoft Excel, Access, Visio, Text, or HTML files
- Network diagramming and portfolio schematic visualization feature
- Over 100 comprehensive system reports and custom reporting tools
- Dispatch and gas cost forecasts
