Invention Grant
- Patent Title: Day-ahead joint generation scheduling and bidding optimization for power plants
-
Application No.: US16128939Application Date: 2018-09-12
-
Publication No.: US11055732B2Publication Date: 2021-07-06
- Inventor: Hongbo Sun
- Applicant: Mitsubishi Electric Research Laboratories, Inc.
- Applicant Address: US MA Cambridge
- Assignee: Mitsubishi Electric Research Laboratories, Inc.
- Current Assignee: Mitsubishi Electric Research Laboratories, Inc.
- Current Assignee Address: US MA Cambridge
- Agent Gennadiy Vinokur; Hironori Tsukamoto
- Main IPC: G06Q30/02
- IPC: G06Q30/02 ; G06Q10/06 ; H02J3/46 ; G06Q50/06 ; G06F17/11 ; G06N3/04 ; G06N7/08 ; G06Q30/08

Abstract:
Systems and methods to control activation of a generation unit. Compute an offer amount, representative of a value at which power is available to be supplied by a generation unit for a current or each subsequent upcoming time period in a time window. Construct energy supply curves using a set of points for each time period in the time window, to obtain associated amounts of power to supply with corresponding prices per each time period. Use a gradual decreasing price staircase approach to iteratively determine multiple offer amount scenarios. Submit the multiple offer amount scenarios along with corresponding values representative of available quantities of power to an operator computer that controls a market-based resource allocation system. Receive back a submitted supply value for the current or upcoming time period. Compare the submitted supply value to the submitted offer amount, and activate or deactivate the generation unit based on the comparison.
Public/Granted literature
- US20200082422A1 Day-Ahead Joint Generation Scheduling and Bidding Optimization for Power Plants Public/Granted day:2020-03-12
Information query