Smart Grid Planning - ADICA

Industry professionals responsible for smart grid planning are faced with the challenge to assess the impact of environmental regulation, demand-side management programs, intermittent renewable energy sources, and competitive markets on short-term operations and long-term investment decisions.

ADICA’s Smart Market® software provides unique and valuable insights for smart grid planning. ADICA leveraged innovative electricity market analysis research conducted at Argonne National Laboratory to develop Smart Market® software used to more accurately model and better understand the behavior of energy producers and consumers in a smart grid environment.

Smart Market® provides advanced analytics for smart grid planning. Hear what independent reviewers think of our software:

• An editorial in the New York Times cites our agent-based technology as pioneering software able to mimic market dynamics.

• An independent survey conducted by Deloitte Consulting selected our agent-based software as the best-of-class solution for analyzing electricity markets in Europe.

• The Fraunhofer Institute in Germany noted "remarkable" aspects of our agent-based software for simulating electricity markets.

ADICA and Argonne applied Smart Market® software to evaluate a wide array of smart grid planning issues, including the impact of demand response programs, PHEVs, renewable energy, hydro power operations, and energy storage on power plant and electric grid operations, electricity consumption, emissions, electricity prices, and company profits. Smart Market® software is distributed for use on five continents.

In early 2010, the Illinois' Department of Commerce and Economic Opportunity (DCEO) and Korean Ministry of Knowledge Economy signed a formal agreement to jointly develop and deploy smart grid technologies and business models.

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Pictured members of Illinois’ delegation at the MOU signing ceremony, include: DCEO Director Warren Ribley, ADICA President & CEO Bruce Hamilton, Chicago 42nd Ward Alderman Brendan Reilly, CUB Executive Director David Kolata, and ISTC President & CEO Matthew Summy.

About ADICA

ADICA is an industry leader in providing Smart Market® strategic analysis software and decision support for energy companies and government agencies worldwide. Our innovative software solutions, developed in collaboration with Argonne National Laboratory, provide unique and valuable insights that enable our clients to succeed in the energy marketplace.