PLEXOS® Model Tuning for Market Forecasting

This tender invites qualified consultants to provide specialized services for the tuning and calibration of Eskom's PLEXOS® Integrated Energy Model. The primary objective is to adapt the model for accurate market forecasting, trading, and valuation studies, which are crucial for navigating the competitive multi-market environment in South Africa. The successful bidder will be responsible for auditing the current model, identifying areas for improvement, and implementing necessary adjustments to enhance its performance and reliability.

The scope of work includes mobilizing and designing the model architecture, tuning technical and economic constraints, and validating the model's outputs through rigorous back-casting and stress-testing. Additionally, the consultant will provide training to Eskom staff to ensure they can operate the tuned model independently. Deliverables will include a comprehensive audit pack, tuned model suite, executable study packs, and ongoing support to facilitate continuous improvement and adaptation to market changes. This project represents a significant opportunity for businesses with expertise in energy modeling and market analysis to contribute to Eskom's strategic objectives.