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Regulatory Documents - Federal Energy Regulatory Commission
Take notice that Commission staff will convene a technical conference on June 23, 24, and 25, 2014 to discuss opportunities for increasing real-time and day-ahead market efficiency through improved software. A detailed agenda with the list of and times for the selected speakers will be published on the Commission's Web site /1/ after May 7, 2014.
FOOTNOTE 1 http://www.ferc.gov/industries/electric/indus-act/market-planning.asp. END FOOTNOTE
This conference will bring together experts from diverse backgrounds and experiences, including electric system operators, software developers, government, research centers, and academia for the purposes of stimulating discussion, sharing information, and identifying fruitful avenues for research concerning the technical aspects of improved software for increasing efficiency. This conference is intended to build on the discussions initiated in the previous Commission staff technical conferences on increasing market and planning efficiency through improved software. As such, 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.
In particular we solicit proposals for presentations on topics and questions such as the following:
(1) Stochastic modeling for unit commitment and operating reserves:
* Given the difficulty in formulating and solving full-scale stochastic unit-commitment problems, what interim steps might be taken to more intelligently incorporate information about uncertainty into unit-commitment and dispatch?
* How can uncertainty be described in a manageable set of scenarios or constraints that improve unit-commitment and dispatch while allowing good solutions to be achieved in the required timeframe?
* If a stochastic unit-commitment model is used, how should prices be calculated, given that the stochastic unit-commitment formulation no longer produces as part of its solution a single set...