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Method and apparatus for resolving energy imbalance requirements in real-time

  • US 7,337,153 B2
  • Filed: 12/06/2002
  • Issued: 02/26/2008
  • Est. Priority Date: 12/07/2001
  • Status: Expired due to Fees
First Claim
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1. A computer readable medium having computer readable instructions embedded therein, which, when executed by a computer, cause the computer to implement a method for adjusting energy generation and energy load in an energy imbalance market to remedy energy generation and energy load imbalances therein, comprising:

  • providing a plurality of imbalance market user interfaces, each imbalance market user interface configured for receiving from a plurality of imbalance market participants,—

    including generating participants and load participants in an energy distribution region subdivided into a plurality of different control areas, energy supply and energy demand requirements for imbalance energy in an energy imbalance market;

    retrieving said energy supply and energy demand requirements for imbalance energy from said plurality of imbalance market user interfaces;

    determining respective control area imbalance requirements for balancing generation and load imbalances in each of the control areas in the energy distribution region according to the following relationship;

    ImbReq = LF -

    stp






    mp




    SchedE
    - ACE + ImbBias - ImbCA
    ;

    wherein ImbReq is the respective control area imbalance requirement, LF is a load forecast for the respective control area, SchedE is a scheduled energy distribution according to a bilateral energy trading market;

    mp is unique identifier for each market participant, stp is an identifier for a type of market participant, ACE is a prior average area control error for the respective control area, ImbBias is a temporal imbalance bias for the respective control area, and ImbCA is a temporal imbalance callable reserve for the respective control area;

    determining a region imbalance requirement for balancing generation and load imbalances in the energy distribution region responsive to the respective control area imbalance requirements;

    determining optimal dispatch of energy generation and energy load for each imbalance market participant responsive to the energy distribution region imbalance requirement; and

    issuing dispatch instructions responsive to the optimal dispatch of energy generation and energy load to each imbalance market participant.

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