Electric power spot market auxiliary transaction method based on neural network

A neural network and trading method technology, applied in the field of auxiliary trading of electricity spot market based on neural network, can solve the problem of not establishing in-depth understanding, and achieve the effect of improving enthusiasm and increasing income

Inactive Publication Date: 2018-11-30
ZHEJIANG UNIV
View PDF0 Cites 12 Cited by
  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Benefits of technology

This patented technology allows companies that want to sell their products or service on an electrical grid to offer advice about how they are going to make better use of this energy source than other sources like coal. It helps them get more money from doing businesses related to it while also improving their ability to compete against each others.

Problems solved by technology

This patented describes how artificial intelligence technology can help manage complex situations where multiple parties involved may want to trade off excess electrical capacity without paying any fees due to lack of trustworthiness during peak hours.

Method used

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
View more

Image

Smart Image Click on the blue labels to locate them in the text.
Viewing Examples
Smart Image
  • Electric power spot market auxiliary transaction method based on neural network
  • Electric power spot market auxiliary transaction method based on neural network
  • Electric power spot market auxiliary transaction method based on neural network

Examples

Experimental program
Comparison scheme
Effect test

specific Embodiment

[0037]The specific embodiments of the present invention are set forth in the background of the Fuyu new energy cross-provincial spot market that is currently being piloted in many provinces in my country. The inter-provincial new energy spot market implements a transaction mechanism of centralized bidding and hierarchical clearing; and adopts a bidding clearing mechanism that considers channel security constraints. In a single time period, the average value of the bids of buyers and sellers for the last electricity transaction in each transmission-end province is used as the system marginal electricity price.

[0038] A neural network-based auxiliary transaction method for the electric power spot market includes the following steps:

[0039] Step 1. Preprocess the historical declaration data and historical clearing data of the Fuyu new energy spot market in a certain province, organize and generate standard format data files; use the standard format historical declaration and ...

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to view more

PUM

No PUM Login to view more

Abstract

The invention discloses an electric power spot market auxiliary transaction method based on a neural network. The method comprises the following steps of (1) training a neural network model by utilizing historical declaration and clearing data, and simulating a relation between declaration amount and price and clearing amount and price in a single time period; (2) calculating a declarable electricquantity of each cooperative power plant on the declaration day in each time period; (3) generating a plurality of overall declaration schemes containing all cooperative power plants for the single time period; (4) sequentially inputting different declaration schemes in the single period into a neural network model, predicating the clearing price and the clearing amount corresponding to each declaration scheme by utilizing the neural network model, calculating a predicted income of each declaration scheme, and calculating a risk coefficient; (5), in combination with the predicted incomes andthe risk coefficients, finally selecting out the optimal declaration scheme in each time period; and (6) sending information of a declared amount and declared price pair ought to be selected by each cooperative power plant in the optimal declaration scheme in each time period to each power plant, thereby guiding each power plant to complete an electric power spot market declaration process.

Description

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to view more

Claims

the structure of the environmentally friendly knitted fabric provided by the present invention; figure 2 Flow chart of the yarn wrapping machine for environmentally friendly knitted fabrics and storage devices; image 3 Is the parameter map of the yarn covering machine
Login to view more

Application Information

Patent Timeline
no application Login to view more
Owner ZHEJIANG UNIV
Who we serve
  • R&D Engineer
  • R&D Manager
  • IP Professional
Why Eureka
  • Industry Leading Data Capabilities
  • Powerful AI technology
  • Patent DNA Extraction
Social media
Try Eureka
PatSnap group products