FERC to discuss software for RTO markets at technical conference in late June
Originally published April 14, 2014
The Federal Energy Regulatory Commission plans to hold a technical conference June 23-25 to discuss opportunities for using improved software to increase the efficiency of the real-time and day-ahead markets run by regional transmission organizations.
In a March 28 notice, the commission said its staff "will be facilitating a discussion to explore research and steps needed to implement approaches to market modeling which appear to have significant promise for potential efficiency improvements in the following areas: stochastic modeling; optimal transmission switching; alternating current (AC) optimal power flow modeling; and use of active and dynamic transmission ratings."
The notice includes a list of more detailed questions that the FERC staff would like addressed. A more detailed agenda will be posted after May 7.
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