Energy Trade

ADICA is an industry leader in providing Smart Market® business solutions and decision support for energy companies and government agencies worldwide.  ADICA's cutting-edge software products provide unique and valuable insights that enable our clients to succeed in competitive energy markets.

ADICA leveraged innovative electricity market analysis research conducted at Argonne National Laboratory in developing the Electricity Market Complex Adaptive System (EMCAS) software.  The advanced analytics in EMCAS are used to more accurately model and better understand the behavior of electricity market participants. EMCAS is a revolutionary technology for support of price forecasting, bid strategy development, and asset/portfolio optimization with the following distinguishing features:

-    Agent-based modeling approach represents power markets with multiple and diverse participants, each with its own unique set of risk preferences, objectives, and bid strategies for energy trade;

-    Capability to simulate markets using either a uniform or discriminatory auction format for energy trade;

-    Chronological simulation of hourly market prices over short or long time periods;

-    Hourly bid-based market clearing, scheduling and dispatch in day-ahead and real-time markets for energy trade;

-    Representation of different bidding strategies (i.e., company bids for energy trade are a result of EMCAS, rather than an exogenous input); and

-    Complex adaptive systems approach empowers market agents to learn from past experience and adapt their behavior when future opportunities arise.

Independent reviews of energy industry software conducted by Deloitte Consulting, The Fraunhofer Institute for Systems and Innovation Research, and others point to EMCAS as a "best-of-class" solution for analyzing electricity markets.