- Operation and Control
Optimizing electric power market transactions
Proposes transaction strategies that take into account the uncertainty in prediction of renewable energy generation volumes and market prices.
- Supports strategic decision-making in market transactions for renewable energy aggregators.
- Secures transaction profits while avoiding supply/demand imbalances.
Applications
- Electric power market transaction support systems
Benchmarks, strengths, and track record
- Currently used in the renewable energy aggregation demonstration project.
- Optimizes transaction volumes taking into account the stochastic scenarios which are made based on the accurate power generation forecasts and price forecasts.
Inquiries
Please include the title “Toshiba AI Technology Catalog: Optimizing electric power market transactions” or the URL in the inquiry text.
Please note that because this technology is currently the subject of R&D activities, immediate responses to inquiries may not be possible.
