HISTORICAL DATABASE SYSTEM FOR RESOLVING ENERGY IMBALANCE REQUIREMENTS IN REAL-TIME

A method and apparatus for resolving energy imbalance in a real-time manner is disclosed. A plurality of market user interfaces are coupled to an imbalance engine which determines optimal dispatch requirements corresponding to supply and demand requirements of the market participants. The imbalance engine resolves in a real-time manner the dispatch requirements while considering the transmission limitations, ramping limitations, transmission facilities, and price data.