Case Studies

Included in this section are case studies for some of our major international & national clients outlining the challenges they faced and how Orbit Systems were able to utilize Operations Research techniques and systems to overcome the challenges. Each of the clients below has seen significant benefits from the introduction of our solutions, including over USD$4,000,000 saved per annum.

Electricity Markets & Competition

Throughout the world, the electricity industry is in a transition from efficiency-based load-meeting systems, to market based systems. This provides great challenges for companies that have traditionally only needed to concern themselves with technical provision of services and efficiency of those services. Market based companies must still concern themselves with efficiency, but also require a variety of contracts, must make market bids and offers, and must compete on a daily basis with other market participants facing these same challenges.

Orbit Systems are experts in the field of Electricity markets, having delivered products and solutions in a wide variety of areas to many different kinds of market participants.

Our capabilities include

Generation scheduling, including hydro reservoir management
Market bids and offers
Contract valuation
Risk assessment
Price forecasting
Competitive effects of mergers and acquisitions

Example Products & Services

ELMO: A system that allows market offers to be developed and viewed interactively, then submitted to the market operator in a form that meets all market rules.
ROCMO: A data reporting tool that uses maps or hierarchies for organising data, and allows reporting of data in grids, charts and graphs, and combining or overlaying graphs.
Dublin: A Cournot-based oligopoly model that incorporates multiple nodes and hydro reservoirs. This model was successfully used to show the Commerce Commission the effects on competition of Contact Energy’s $500 million purchase of a power station in New Zealand.
CASm: A model that assesses the competitive effects of mergers and acquisitions in the USA. It produces output in the form required by the Federal Energy Regulatory Commission (FERC) in its merger pre-screening guidelines.