Inventors:
Haso Peljto - Brooklyn Park MN, US
Petar Ristanovic - Maple Grove MN, US
Assignee:
Siemens Power Transmission & Distribution, Inc. - Wendell NC
International Classification:
G06F 17/00
G06Q 40/00
Abstract:
A method and apparatus for resolving energy imbalance in a real-time manner is disclosed. A plurality of market user interfaces are coupled to an imbalance engine which determines optimal dispatch requirements corresponding to supply and demand requirements of the market participants. The imbalance engine resolves in a real-time manner the dispatch requirements while considering the transmission limitations, ramping limitations, transmission facilities, and price data.