Senior associate Pablo Ruiz recently presented at the Federal Energy Regulatory Commission’s (FERC) Technical Conference on “Increasing Real-Time and Day-Ahead Market Efficiency through Improved Software” in Washington, DC.
Brattle senior associate Pablo Ruiz recently presented at the Federal Energy Regulatory Commission’s (FERC) Technical Conference on “Increasing Real-Time and Day-Ahead Market Efficiency through Improved Software” in Washington, DC.
The conference brought together experts from electric system operators, software developers, government, research centers, and academia to discuss the technical aspects of improved software for increasing energy efficiency. Building upon a previous Commission staff technical workshop, this conference explored the 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.
Dr. Ruiz presented an update to the Topology Control Algorithm (TCA) project, which uses AC modeling to provide market simulations in the PJM Interconnection. Dr. Ruiz serves at the principal investigator of the project, which is funded by the U.S. Department of Energy’s Advanced Research Projects Agency – Energy (ARPA-E). The presentation is co-authored by principal Bruce Tsuchida and colleagues at Boston University, PJM, Newton Energy Group, and Polaris Systems Optimization.
Dr. Ruiz’s presentation can be downloaded using the link below.
For more information, please visit the FERC’s website.
Pablo Ruiz | Michael Caramanis | Evgeniy Goldis | Bhavana Keshavamurthy | Xiaoguang Li | Russ Philbrick | Alex Rudkevich | Richard Tabors | Bruce Tsuchida