In this paper we introduce an approach to accelerate many-scenario (i.e., hundreds to thousands) power system simulations which is based on a highly scalable and flexible open-source software environment. In this approach, the parallel execution of simulations follows the single program, multiple data (SPMD) paradigm, where the dynamic simulation program is executed in parallel and takes different inputs to generate different scenarios. The power system is modeled using an existing Modelica library and compiled to a simulation executable using the OpenModelica Compiler. Furthermore, the parallel simulation is performed with the aid of a message-passing interface (MPI) and the approach includes dynamic workload balancing. Finally, benchmarks...