Industries Increasing Efficiency through Improved Software
Commission staff convened a technical conference on June 28-30, 2011, from 8:30 a.m. to 5:15 p.m., to discuss opportunities for increasing real-time and day-ahead market efficiency through improved software. The technical conference was held in the Commission Meeting Room at the Federal Energy Regulatory Commission, 888 First Street, NE, Washington, DC 20426.
This conference brought together diverse experts from ISOs/RTOs, non-market utilities, the software industry, government, research centers and academia for the purposes of stimulating discussion and sharing of information about the technical aspects of these issues and identifying fruitful avenues for research. This conference was intended to build on the discussions initiated in the Commissionís June 2010 staff technical conferences on increasing market and planning efficiency through improved software. As a result of the June 2010 conferences and progress over the past year, Commission staff focused this conference on the specific topics indicated below. Through these presentations, Commission staff sought to explore advancements related to these technologies, the potential benefits or costs associated with these advancements, and how such advancements may be incorporated into power market operations.
On June 28-29, presentations focused on improving performance of the day-ahead market, including general unit-commitment software and algorithm advancements, asset flexibility, potential improvements to pricing, efficient modeling of uncertainty, optimal transmission switching, and large-scale test problem development, as well as other related topics.
Real-Time Optimal Power Flow Modeling
On June 29-30, presentations focused on improving performance of real-time optimal power flow modeling, including general real-time optimal power flow software and algorithm advancements, adaptive transmission ratings and generator modeling, full or partial AC optimal power flow models, preventive and corrective resource and transmission dispatch, improved regulation services, dynamic line ratings, and large-scale test problem development, as well as other related topics.