SYSTEMS, METHODS AND APPARATUS FOR A STAKEHOLDER MARKET SIMULATOR FOR ENERGY DELIVERY SYSTEMS
First Claim
1. A method of verifying optimal utilization of stakeholder resources in an energy delivery system, the method comprising:
- obtaining initial resource schedules and prices for a stakeholder'"'"'s resources using a set of input data regarding the stakeholder'"'"'s resources;
creating a model incorporating constraints describing the stakeholder'"'"'s resources based on the input data;
executing an optimization of an objective function for the stakeholder'"'"'s resources, subject to the incorporated constraints, to determine optimal prices and schedules for the stakeholder'"'"'s resources; and
verifying the optimization by comparing the determined optimal prices and schedules for the stakeholder'"'"'s resources against published prices and schedules from an independent system operator.
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Abstract
Embodiments provide stakeholder market simulator systems and methods for verifying optimal utilization of stakeholder resources in an energy delivery system. Embodiments include obtaining initial resource schedules and prices for a stakeholder'"'"'s resources using a set of input data regarding the stakeholder'"'"'s resources; creating a model incorporating constraints describing the stakeholder'"'"'s resources based on the input data; executing an optimization of an objective function for the stakeholder'"'"'s resources subject to the determined constraints to determine optimal prices and schedules for the stakeholder'"'"'s resources; and verifying the optimization by comparing the determined optimal prices and schedules for the stakeholder'"'"'s resources against published prices and schedules from an independent system operator. Numerous other aspects are provided.
17 Citations
20 Claims
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1. A method of verifying optimal utilization of stakeholder resources in an energy delivery system, the method comprising:
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obtaining initial resource schedules and prices for a stakeholder'"'"'s resources using a set of input data regarding the stakeholder'"'"'s resources; creating a model incorporating constraints describing the stakeholder'"'"'s resources based on the input data; executing an optimization of an objective function for the stakeholder'"'"'s resources, subject to the incorporated constraints, to determine optimal prices and schedules for the stakeholder'"'"'s resources; and verifying the optimization by comparing the determined optimal prices and schedules for the stakeholder'"'"'s resources against published prices and schedules from an independent system operator. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A stakeholder market simulator (SMS) system for verifying optimal utilization of stakeholder resources in an energy delivery system, the SMS system comprising:
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a processor; a memory coupled to the processor and storing instructions executable on the processor, the instructions operable to; obtain initial resource schedules and prices for a stakeholder'"'"'s resources using a set of input data regarding the stakeholder'"'"'s resources; create a model incorporating constraints describing the stakeholder'"'"'s resources based on the input data; execute an optimization of an objective function for the stakeholder'"'"'s resources subject to the incorporated constraints to determine optimal prices and schedules for the stakeholder'"'"'s resources; and verify the optimization by comparing the determined optimal prices and schedules for the stakeholder'"'"'s resources against published prices and schedules from an independent system operator. - View Dependent Claims (9, 10, 11, 12, 13, 14)
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15. A stakeholder market simulator (SMS) system for verifying optimal utilization of stakeholder resources in an energy delivery system, the SMS system comprising:
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a SMS application executing on a processor within a computer; a SMS database accessible by the SMS application; a user interface operable to invoke collection of data from external interfaces and to access the SMS database; a model creation function executable by the SMS application and operable to return constraints describing SMS entities to the SMS application; and a solver executable by the SMS application and operable to return optimal prices and schedules to the SMS application. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification