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© 2019 MOELLER & POELLER ENGINEERING LTD

production cost optimisation tool

The production cost optimisation model has been developed by MPE and is based on a MILP (Mixed Integer Linear Programming) model using IBM/CPLEX as solver. The production cost optimisation model balances flexibility requirements and flexibility resource and calculates overall production cost over a period of one year while respecting all constraints, including flexibility constraints and grid constraints. By having our own in-house tool we can add / modify / remove constraints as required for different power systems and generation technologies as required. If you would like to discuss this tool further, then please say hello

Costs include:
Cost of fuel
Cost of start-ups and shut-downs
Cost of significant load ramps

let's talk

If you have a question about our services, or would like to talk about how we can help with one of your projects then please use the form below, or use the email addresses on our say hello page. Both methods send your query to the same location, where we will find the right person to respond to you as soon as possible: