The GenMetric™ Model
Building or buying a power plant is, of course, a complex endeavor. Asset values are driven by many financial, market and operational parameters—each of which is plagued with uncertainty. GenMetric™ uses a state-of-the-art stochastic approach to perform simulations and reach robust solutions.
GenMetric™ is extremely fast and easy to use. Once set up, it works seamlessy to import the data it needs, allow the user to set key parameters, and produce results. The result is a probabilistic asset performance projection that can be used to bid on assets or develop new sites.
The GenMetric™ engine is sophisticated, considering all key parameters.
What You Put In
| Unit Capacity (MW) |
Unit Heat Rate (Btu/kWh) |
SO2 Emission Rate (lb/mmBtu) |
| Unit Variable O&M ($/MWh) |
Unit Fuel Costs ($/mmBtu) |
SO2 Allowance Prices ($/ton) |
| Unit Minimum Capacity (MW) |
Unit Forced Outage Rate (%) |
NOX Allowance Prices ($/ton) |
| Unit Ramp Rate (MW/min) |
Unit Planned Outage Rate (%) |
NOx Emission Rate (lb/mmBtu) |
| Unit Minimum Run Time (h) |
Unit Fixed O&M ($/kW-yr) |
CO2 Allowance Prices ($/ton) |
| Unit Minimum Down Time (h) |
Energy Market Prices ($/MWh) |
CO2 Emission Rate (lb/mmBtu) |
What You Get Out
| Generation (MWh) |
Fuel Consumption (mmBtu) |
Revenue ($) |
| Capacity Factor (%) |
SO2 Emissions (tons) |
Fuel Cost ($) |
| Dispatch Factor (%) |
NOx Emissions (tons) |
Variable Cost ($) |
| Operating Hours (h) |
CO2 Emissions (tons) |
Gross Margin ($) |
Results are displayed graphically and in tables for easy export. Reports are defined by our clients and we work diligently to incorporate their output formats into GenMetric™.
Calibration Feature
Additionally, GenMetric™ performs power price calibration, which enables the user to calculate equilibrium power price streams that provide an appropriate rate of return for power generation assets.
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