- 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 “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.
