SECURITY CONSTRAINED UNIT COMMITMENT PRICING OPTIMIZATION USING LINEAR PROGRAMMING FOR ELECTRICITY MARKETS
Patent №
US 7,353,201
Granted
2008-04-01
Filed 2003
Owner
SIEMENS POWER TRANSMISSION & DISTRIBUTION, INC.
Lab
—
AI components
3
ml · planning · hardware
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
10409328
The present invention is a method for optimizing security constrained unit commitment in the day ahead wholesale electricity market using mixed integer linear programming techniques. The wholesale electricity market uniquely requires the submission of offers to supply energy and ancillary services at stated prices, as well as bids to purchase energy, and known operating and security constraints. The present invention address the above noted needs by providing a SCUC engine to support and implement the requirements via a computer system implementation.
AI classification
Ownership
SIEMENS POWER TRANSMISSION & DISTRIBUTION, INC.
assignment · 152870675
Assignors
BJELOGRLIC, MILAN, RISTANOVIC, PETAR
On an employer assignment, the assignors are typically the inventors.