PROPHET—Electricity Market Modelling With Precision And Flexibility
PROPHET is a powerful, flexible simulation and planning tool used by analysts, traders, investors, and planners to model market behaviour, system performance, and long-term infrastructure decisions.
30 Years
In Development
8
Countries Globally
<400ms
API Response time (TTFB)
Market Behaviour
Meets Long-Term Planning
PROPHET combines two tightly integrated models:
PROPHET-SIM
Simulates short-term market operations and dispatch behaviour with a detailed physical and financial system representation.
PROPHET-PLAN
uses least-cost investment logic to assess generation and transmission development across complex policy and demand scenarios.
The two systems operate independently but share data seamlessly, giving users a unified platform for day-ahead forecasts, bidding strategies, and long-term planning.
More Ways PROPHET
Works for You
Dynamic Scenario Control
Model exactly what matters.
Configure network structure, load, generation assets, and constraints down to the dispatch interval. Run multiple scenarios in batches using macro substitution. Adjust bids, rebid behaviour, or simulate supply disruptions with full transparency and control.
Market Realism
Replicate real-world behaviour.
Model standard marginal cost recovery or custom supply curves aligned with contract positions. Simulate portfolio rebids in response to outages or events, and optimise profit against output—all in one platform.
Investment Planning
Test infrastructure outcomes before you build.
Run staged investment cases, assess network expansion or plant retirements, and explore policy pathways like RET or renewables uptake. Full co-optimisation includes gas-electricity interactions, ancillary services, and load growth forecasts.
Full LP Solver
Run high-resolution simulations with support for generic and network constraints, DC load flow, N-1 contingency analysis, and market reserves. Supports existing solvers like Xpress, CPLEX, or Gurobi, and take advantage of parallel processing for faster results.
Dynamic Bidding
Simulate how trading companies adapt bids based on portfolio structure, pricing, and risk. Study vertical integration, contracting levels, or market concentration with PROPHET’s advanced bid optimiser.
Scripting & Plugins
Customise everything. Extend the frontend with plugins or use scripting tools to embed bespoke business logic into your simulation workflows. Access the solver via .NET or command line interfaces, and automate complex multi-scenario runs with full control.
Generator
Model ramp rates, partial outages, slow start logic, and minimum up/down times. Incorporate hydro and emission models.
Load
Simulate demand and dispatchable loads using historical or weather-aligned forecasts. Define system value of lost load and loss sharing logic.
Network
Represent full or macro networks including interconnectors, DC approximations, and security constraints with N-1 validation.
Reporting
Access raw or aggregated reports, apply time filters or custom calculations, and generate themed outputs for presentations or documents.
How PROPHET Fits Your Workflow
- Handle data from any source
- Produce output in convenient forms
- Export ready – quick extract with every result set
- Fast response to your questions and queries
Ideal for Analysts, Planners, and Investors
Use PROPHET for:
- Pool price forecasting
- System adequacy and build options
- Asset valuation under changing assumptions
- Long-term policy and transmission planning
- Renewable uptake analysis
- Profit and bidding optimisation
Trusted by Industry Leaders
and Decision Makers
We are proud to partner with governments, regulators, transmission and distribution operators, market participants, and technology innovators.
Model the Market on Your Terms
Explore how PROPHET helps you simulate complex dispatch, plan generation investments, and forecast pricing under realistic, user-defined market behaviours.