Wood Mackenzie

PRISM

PRISM is an integrated Power and Coal Model for the US and Canada, and a linear optimization model designed to dispatch the US and Canadian electricity grid in the least cost manner to meet electricity demand

The features of this model include:

  • Comprehensive, accurate and up-to-date coal supply curves, with individual mine costs and reserves, divided into different coal types and origins
  • Optimisation of dispatch, coal choices and equipment decisions
  • Equipment decisions include choice of retro-fitting emissions controls and/or new plant construction
  • New coal plant choices include IGCC as well as PC
  • Models covering the entire US and Canada
  • Models RTO transmission charges, both postage stamp and license plate
  • Time periods modeled include peak, off-peak and super-peak daily, 4 seasons, 54 time blocks
  • Simultaneous interplay of pollutant limits - SO2, NOX, Hg, and CO2
  • Year-by-year forecasts of prices for power, coal and emission allowances
  • Marginal prices for constrained generation or transmission capacity
  • Easily varied environmental scenarios

Benefits to subscribers include:

  • Functionality to develop bespoke scenarios and input own proprietary information
  • The ability to run different scenarios to develop the optimum business plan that mitigates risk
  • The ability to use the model to develop strategic long term and short term plans
  • Understand the future dynamics of the interplay between coal and power and other fuel types such as gas
  • The combination of all Hill and Associates core knowledge of the coal industry and power industry with Wood Mackenzie’s knowledge of the oil and gas sector in North America
  • Access to in-depth proprietary coal supply data
  • The ability to benchmark against internal analysis

For further information please contact francesca.levoir@woodmac.com, +44 131 243 4273 or sheana.cross@woodmac.com, +1 410 295 4207.


Contact Us

Americas:

+1 713 470 1700
amhelpdesk@woodmac.com


Asia Pacific:

+65 6518 0888
aphelpdesk@woodmac.com


Europe:

+44 (0) 131 243 4477
eurhelpdesk@woodmac.com


All Other Enquiries:
Francesca Levoir

+44 131 243 4273
francesca.levoir @woodmac.com