Abstract:
The optimization of resources for energy markets is provided. In an illustrative implementation, the systems and methods described herein comprise an exemplary computing application operating in a computing environment that cooperates with a repository having at least one computational equation, rule, and/or model and executing a computational model engine that employs computational equations, rules, and/or models that generates behavior information for an observed system. In operation, energy market characteristic information acts as input to the exemplary computing application which executes the computational model engine that processes the energy market characteristic information using the computational equations, rules and/or models to produce power system behavior data. This behavior data is then acted upon by the exemplary computing application to generate optimization solutions to optimize power distribution resources.
Abstract:
The optimization of resources for energy markets is provided. In an illustrative implementation, the systems and methods described herein comprise an exemplary computing application operating in a computing environment that cooperates with a repository having at least one computational equation, rule, and/or model and executing a computational model engine that employs computational equations, rules, and/or models that generates behavior information for an observed system. In operation, energy market characteristic information acts as input to the exemplary computing application which executes the computational model engine that processes the energy market characteristic information using the computational equations, rules and/or models to produce power system behavior data. This behavior data is then acted upon by the exemplary computing application to generate optimization solutions to optimize power distribution resources.
Abstract:
The optimization of resources for energy markets is provided. In an illustrative implementation, the systems and methods described herein comprise an exemplary computing application operating in a computing environment that cooperates with a repository having at least one computational equation, rule, and/or model and executing a computational model engine that employs computational equations, rules, and/or models that generates behavior information for an observed system. In operation, energy market characteristic information acts as input to the exemplary computing application which executes the computational model engine that processes the energy market characteristic information using the computational equations, rules and/or models to produce power system behavior data. This behavior data is then acted upon by the exemplary computing application to generate optimization solutions to optimize power distribution resources.