Building on a long-standing business relationship, GE Energy Consulting (NYSE: GE) and the New York Power Authority (NYPA) have agreed to a one-year license arrangement allowing NYPA to use GE’s Multi-Area Production Simulation (MAPS) software. NYPA is expanding its current modeling capabilities to perform high-fidelity nodal analysis and has chosen GE’s MAPS software as the best tool to satisfy its modeling needs.
As the electric power industry rapidly evolves, one thing has remained constant—the need to accurately model the economic operation of the power system in order to make informed decisions. GE’s MAPS software allows users to assess the value of a portfolio of generating units, identify transmission constraints that negatively impact the economic operation of the system and to accurately analyze the complex interaction between the generation and transmission assets on the system.
The MAPS software is part of GE’s broader Concorda software suite—that also includes PSLF™ (power systems loadflow) and MARS™ software. GE Energy Consulting develops, commercially licenses and supports these internationally recognized products that are widely used for planning and simulating electric power grids, assessing the economic performance of large electricity markets and evaluating generation reliability.