Core Energy Group and CSIRO to launch world class energy simulator - GENERSYS
17.Jul.2008
Core Energy Group and CSIRO to launch world class energy simulator - GENERSYS
Core Energy Group today announced its plan to commence commercialisation of GENERSYS, an advanced energy industry simulation system which has been developed in conjunction with CSIRO.
Commenting on the launch of the system, Chief Executive of Core, Paul Taliangis said that “GENERSYS is positioned to become the leading energy simulation and scenario analysis tool of its type in Australia and potentially throughout the world”.
GENERSYS provides users with a systematic and practical approach to developing short, mid and longer term (50 year) projections of key elements of Australia’s energy industry and its implications for key stakeholders.
“Core has been using GENERSYS to analyse a wide range of interrelated factors across the energy chain for some time, with extremely impressive results said Taliangis. The system enables highly complex scenarios to be run quickly and painlessly, leveraging world class technology and extensive, high quality data developed by industry experts.”
The system has application across the following critical areas of the energy system:
- Carbon - emission by electricity, gas and coal sectors
- Electricity - demand,
supply, cost, pricing , interconnectors (half hour interval)
- Coal, gas, hydro, wind
- Gas – demand, supply, cost, pricing (daily interval)
- Coal - electricity fuel usage
- Transmission - gas and electricity
Core and CSIRO have plans to continually develop GENERSYS to address all critical elements of the energy system in a fully integrated manner.
For further information, contact:
Mr Paul Taliangis
CEO, Core Energy Group
0438 604 917
