TECHNIQUES FOR ADJUSTING IMBALANCE PENALTIES OF NON-DISPATCHABLE GENERATION UNITS IN ELECTRICITY MARKETS

Number of patents in Portfolio can not be more than 2000

United States of America

APP PUB NO 20250112465A1
SERIAL NO

18478955

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Abstract

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Example systems, methods, and non-transitory computer readable media are directed to obtaining a power forecast to be provided to a grid operator of an electrical network, wherein the power forecast estimates an output of energy from power generation resources; determining a likely deviation from a nominal grid frequency during a forecast period indicating a likely imbalance penalty; determining whether to achieve a likely reduction in the imbalance penalty by (a) adjusting the power forecast or (b) controlling a battery energy storage system (BESS) associated with the power generation resources; in response to determining to achieve the likely reduction in the imbalance penalty by adjusting the power forecast: determining an adjusted power forecast; and providing the adjusted power forecast to the grid operator; and in response to determining to achieve the reduction in the imbalance penalty by controlling the BESS associated with the power generation resources: causing an adjustment to a charge rate or discharge rate of the BESS.

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Patent Owner(s)

Patent OwnerAddress
UTOPUS INSIGHTS INCVALHALLA NY

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Keerthisinghe, Chanaka Mount Wellington, NZ 4 60
Reis, Machado da Silva Ana Rita Fradelos, PT 3 1
Tardaguila, Calvo Paulino Binissalem, ES 1 0
Theis, Thomas N Croton on Hudson, US 7 104

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