In this example, real data on the international fuel market and regional demand has been incorporated into a model of a 5.6 GW electricity producing plant, consisting of 14 oil-burning gas turbines with a maximal capacity of 400 MW each. Model predictions are then used to answer the questions: (1) How long will the plant be able to meet customer demand?; and (2) How is the electricity production cost affected by using either Combined Cycle Gas Turbines (CCGT) or Open Cycle Gas Turbines (OCGT)?
Create custom components
Use accurate, curated data in your models
Compare plant designs
Directly model mass and information flows
Predict market fluctuations
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