Security constrained optimal dispatch for load prediction...

Details Security constrained optimal dispatch for load prediction... Security constrained optimal dispatch for load prediction...

2007-11-20

2007-11-20

Borissov, Igor N. (Department: 3628)

Data processing: financial, business practice, management, or co

For cost/price

Utility usage

C705S037000

Reexamination Certificate

active

10385223

ABSTRACT:
The present invention is an apparatus for optimizing security constrained dispatch and pricing for the wholesale energy trading market. The imbalance market uniquely requires a real-time market for bidding and for providing the energy generation adjustments required to satisfy the imbalance. The present invention address the above noted needs by providing a real-time imbalance engine to support and implement the equitable imbalance requirement via a computer system implementation. Additionally, the present invention allows the market generators and loads to provide electronic bids for resolution while considering constraints on the demand and supply system.

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patent: 3903402 (1975-09-01), Petit et al.
patent: 7099839 (2006-08-01), Madoff et al.
patent: 2002/0165816 (2002-11-01), Barz
patent: 2003/0055776 (2003-03-01), Samuelson
patent: 2004/0215348 (2004-10-01), Ilic et al.
patent: WO 02/103465 (2002-12-01), None
The Investment FAQ (part 19 or 20); 1997-2003.

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