US Patent:
20140277797, Sep 18, 2014
Inventors:
- Minneapolis MN, US
Ali Ipakchi - San Carlos CA, US
Abdolhossein aka Farrokh Rahimi - Redwood City CA, US
Guillermo Irisarri - Plymouth MN, US
Jose Medina Palomo - Minneapolis MN, US
Behnam Danai - Cupertino CA, US
Nelson Muller - Plymouth MN, US
Farrokh Albuyeh - San Carlos CA, US
Assignee:
Open Access Technology International, Inc. - Minneapolis MN
International Classification:
G06Q 50/06
Abstract:
A system and process/method is provided, which economically optimizes the dispatch of various electrical energy resources. The disclosed process/method is linked to and communicates with various sources of input data, including but not limited to, EMS/SCADA legacy Energy Management Systems (EMS), legacy Supervisory Control and Data Acquisition (SCADA) Systems, Demand Response (DR) and Distributed Energy Resources (DER) monitor, control, schedule, and lifecycle management systems (DR/DER Management System), and Energy Markets, electrical energy commodity trading systems (Trading Systems), and Operations System (OPS) in order to compute optimal day-ahead, day-of, and real-time schedules of various durational length for generation, demand response and storage resources while taking into account bilateral contracts and market-based trade opportunities.