Company

Large generation company with diversified assets in MISO and PJM.

Challenge

Evaluate the commercial viability of developing a Compressed Air Energy Storage (CAES) plant in Norton, Ohio, and quantify the impact of generation mix changes in MISO and PJM.

SATURN

• Forecasted MISO and PJM market prices and the operations of a potential CAES plant at Norton.
• Simulated co-optimized CAES generation, charging, and ancillary services under different price scenarios.
• Created detailed revenue projections and sensitivity analysis across multiple MISO and PJM market scenarios.

Impact

• Enabled strategic comparison of CAES technology against conventional generation alternatives.
• Developed repeatable stochastic valuation methodology to analyze potential generation alternatives.
• Delivered advanced optimization framework and probabilistic market forecasts for executive decision-making.

SATURN Applications