We are excited to release a revamp of Tyba’s “Add Project” workflow.  One of Tyba’s founding motivations was to make energy modeling more accessible.  With this release, we take another major step in delivering on that. As part of the updated “Add Project” process, you as a user now have the ability to:

  1. Select from a range of default dispatch (market participation) approaches
  2. Choose a range of historical price years to simulate across for backcast analysis as well as seamlessly pull in forward curves
  3. Define what months, days, and hours to participate in various markets
  4. Embed complex settlement considerations when creating the project

This following demo video and detailed release notes walk through these updates in more detail.

https://www.loom.com/share/ed4fbca94f53431eb2765e79364a22fa

(1) Select from a range of default dispatch (market participation) approaches

When creating a project, you can now choose from a range of default market participation strategies.  After the project is created, you still have the flexibility to change to a different approach as well as clone the design to evaluate multiple strategies.

https://lh6.googleusercontent.com/lQmKh57LLBQWLWjzQPr9glL_4D9Icmt7wpSqP_1azkyCvDE6jXtgLHHaBeTxr9KCcFDQmgfLhYrdVwSGdgP1d7un0WI6SZAAvOek-QJ18RonqbA791OtVVklQnHGCnl5mEef7gqRAHyqaKxdtg

(2) Choose a range of historical price years to simulate across for “backcast” analysis and seamlessly pull in forward curves

Prior to this release, Tyba defaulted to modeling projects based on the most recent calendar year of pricing history for the node/market.  You can now select an alternate historical year or choose a range of historical years to pull pricing from to model a project.  The tooltip also informs what historical years pricing is available for.  Likewise, if you have a forward curve for the project, you can select that in the Energy Price Model drop downs.

Select from the range of available historical price years.

https://lh3.googleusercontent.com/z8AL-tMYF6Ou7GKxD5OoXZWCx-Rbg5y8uioptm5X0vfQbzy446WaFRXzA1YaMkRlmTd3uclG2Ww6PyneMaBwviiWn2s6b8nuhxlwb0NIUdaU7s6ADd7vHHig3cHX4wEUZ-2GbyxJbWmdyQ9Pdw