IREMM MODELING METHODOLOGY

IREMM is unique in the industry

The IREMM model:

• forecasts market-clearing economy energy prices.
• represents all buyers and sellers within an interconnected system simultaneously.
• identifies economic energy transactions.
• is dynamic.
• analyzes the interaction of supply and demand in a competitive bulk power market.
• is not a cost-based, franchise area-specific pricing model.
• forecasts are NOT based on surveys or trends.
• can be used to assess market power.

IREMM can help you analyze your risks and opportunities in a de-(or re-)regulating electric power market.

IREMM is invaluable in the investigation of the strategic options open to electric utilities, their investors, lenders, suppliers, and customers. Risk analyses can easily include:

• Fuel prices,
• New, retired, or out-of-service electric generation plants,
• Changing electricity demand forecasts,
• Transmission constraints,
• Wheeling costs,
• Operation and maintenance costs,
• Environmental impacts,
• Fuel switching, etc...

IREMM can be used to proactively evaluate and plan your strategic position in the deregulated and restructured industry.

Go to IREMM's Proposal

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