DECISION SUPPORT SYSTEM BASED ON ENERGY MARKETS

摘要

A system for purchasing and selling power that fairly accommodates sellers and buyers. For instance, a submarket may be formed between a utility company or retailer and its consumer or customer. The utility or retailer may eliminate differences between generated or purchased power and demanded power. Mechanisms used for elimination of power differences may incorporate utilizing power from ancillary services, purchasing or selling power on the spot market, and affecting a demand for power with demand response programs. A difference between purchased power and demanded power may be minimized by forming an optimal power stack having a mix of power of the demand response program, power at the spot market and/or power of ancillary services. An optimization sequence may be implemented to minimize the difference between the purchased power and demanded power, and to maximize profit.