Supply of Electricity Market Modelling Software to Department of Energy and Economic Diversification

Awarded 11 Oct 2022

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Awarded11 Oct 2022
Value$2,254,095.00
StateWA
CategoryEnergy & Environment
Expires in 3y7y term, 57% elapsed
Awarded 11 Oct 2022Expires 11 Oct 2029

The Department of Energy and Economic Diversification awarded a contract to Energy Exemplar (Energy Exemplar Pty Ltd) for an off-the-shelf, configurable, and scalable Software as a Solution to model the Western Australian Wholesale Electricity Market.

The platform uses robust mathematical principles such as optimisation and stochastic techniques, capable of short, medium, and long-term modelling with integration capabilities for other tools, including modelling other regulated markets like Western Australia's gas market.

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