Czech Consortium Selects ADICA's EMCAS as Top Strategic Regional Electricity Model
ADICA is a leading provider of energy consulting and cutting-edge energy system analysis software for Government Agencies and Energy Companies worldwide.
Following an Independent Review, Czech Consortium Selects ADICA's EMCAS Software as Top Strategic Regional Electricity Model.Having joined the EU, the Czech Republic is part of a union that encourages cooperation, transparency and free access to the electricity marketplace. In 2006, a consortium comprised of a system operator (OTE), regulator (ERU), transmission company (CEPS), and Ministry (MI&T) in the Czech Republic hired an independent consulting firm (Deloitte) to conduct a survey of commercially available software for electricity market simulation, which can be used to assist various stakeholders in the Czech Republic in providing key "educated answers" to several important energy questions.
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An initial search led to the consortium contacting nine software vendors to request publications, documentation and demonstration models. After a detailed review, the consortium requested demonstrations of four "best-of-class" solutions. In June 2006, the consortium selected the EMCAS software distributed by ADICA as the top pick for their Strategic Regional Electricity Model.
About EMCAS
The Electricity Market Complex Adaptive System software is designed to meet the growing need for advanced modeling approaches that simulate how electricity markets may evolve over time. EMCAS employs an innovative
agent-based modeling approach to more accurately model the complex interactions between physical infrastructures (generation, transmission, and distribution) and economic behavior of market participants.
About ADICA
ADICA is a leading provider of energy consulting and cutting-edge energy system analysis software for Government Agencies and Energy Companies worldwide. Headquartered in Oak Brook, Illinois, USA, ADICA specializes in the application of innovative agent-based modeling software created by Argonne National Laboratory for simulating electricity markets. ADICA is worldwide distributor of the EMCAS software.
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