Abstract: This disclosure relates generally to optimal intraday scheduling of aggregated Distributed Energy Resources (DERs). Owing to their stochastic nature, DERs aggregators are more suited to participate in intraday electricity markets. The current works on DER aggregators trading in intraday markets do not satisfactorily model the different aspects. The disclosure is an optimal trading strategy for aggregators managing heterogeneous DERs to participate in intraday markets. The intraday market is modelled using a joint price-volume dynamics distribution and an optimal bidding strategy is disclosed for the trades/bids placed earlier to be corrected based on the revised forecasts of demand and generation while allowing for energy exchanges within the DER pool. Further the optimal bidding strategy of aggregators in an intraday market is a MINLP problem, which is solved by converting the complex non-linearities in the problem into a coupled MILP—simple maximization set-up, which is then solved in an iterative fashion.

Abstract: Owing to their stochastic nature, Distributed Energy Resources (DERs) are more suited to participate in short-term or intraday electricity markets. However, it is very difficult for an asset owner to manage their operation when interacting with markets and create operation schedules. Present disclosure provides systems and methods that for the trades/bids placed earlier to be corrected based on the revised forecasts of demand and generation in the DER pool. The system models an optimal bidding problem of aggregators in an intraday market as a mixed-integer non-linear programming (MINLP) problem. The MINLP problem is converted to an NLP problem by an optimization model and integer variables are relaxed to solve the NLP problem and obtain (i) an optimal intraday operating schedule for one or more DERs, and (ii) an intraday bid associated with the DERs for a plurality of delivery slots to be traded in an intraday market.

Abstract: Vehicle-to-Grid (V2G) technologies are being adopted to reduce peak demand and to take over as energy sources during grid instability. It is necessary to estimate attributes of electric vehicle trips and residual battery charge in order to correctly predict spatio-temporal availability of energy from EVs to form a micro grid. However, it may not be feasible to get the required attributes for all vehicles in a city-scale traffic scenario. Embodiments of the present disclosure and system address the problem of accurately estimating the local energy reserve that is available from parked EVs during a given time of the day. In addition, the system also determines which neighborhoods have the potential to form micro grids using the parked EVs during a given time period. This will help grid operator(s) to plan and design smart grids which can create EV-powered micro grids in neighborhoods during periods of peak demand or during disruptions.

Abstract: Traditionally, benchmarking of asset performance involves comparing actual performance with ideal values that correspond to test conditions which may not be realized in practice leading to inappropriate ranking of the assets. Systems and methods of the present disclosure use condition-aware reference curves for estimating the maximum possible operating efficiencies (under specific operating conditions) instead of the theoretical maximum efficiencies. The reference curves are received from the manufacturer or obtained from on-site test results. Benchmarking is then performed based on two dimensions, viz., an inter-asset metric and an intra-asset metric that are analogous to the first law and second law of thermodynamics respectively. The two-dimensional benchmarking then helps in identifying inefficient assets that may be analyzed further for finding the root cause.

Abstract: This disclosure relates generally to method and system to generate pricing for charging electric vehicles. With Electric vehicles becoming more mainstream, public chargers may not be able to match demand supply without extensive deployments. The present disclosure dynamically generates pricing policies to maximize aggregator revenue based on a stochastic model constraints and user behavioral models. The system involves three primary stake holders comprising a demand side having EV users requesting efficient charging at lowest possible price, a supply side which includes a public or private EVSE operators, and an EV charging aggregator which acts as intermediator between the demand side and the supply side. The EV charging aggregator having an RL agent receives user requests to generate pricing based on a tentative demand pool, an actual demand pool, and a service pool. The reward to the RL agent is the total revenue obtained in that timestep of the control action.

Abstract: The present disclosure provides a method and a system for estimating capacity and usage pattern of behind-the-meter energy storage in electric networks. Conventional techniques on estimating an effective capacity of behind-the-meter energy storage of a consumer, in presence of distributed energy generation units is limited, computationally intensive and provide inaccurate prediction. The present disclosure provides an accurate estimate of the effective capacity and usage pattern of behind-the-meter energy storage of a target consumer utilizing data samples received from a utility in presence of one or more distributed energy generation units, using an energy balance equation with less computation and accurate prediction. Based on accurate estimation of the effective capacity and usage pattern, the utility may plan for proper infrastructure to meet power demands of the consumers.

Abstract: Sum of bid quantities (across price bands) placed by generators in energy markets have been observed to be either constant OR varying over a few finite values. Several researches have used simulated data to investigate desired aspect. However, these approaches have not been accurate in prediction. Embodiments of the present disclosure identified two sets of generators which needed specialized methods for regression (i) generators whose total bid quantity (TBQ) was constant (ii) generators whose total bid quantity varied over a few finite values only. In first category, present disclosure used a softmax output based ANN regressor to capture constant total bid quantity nature of targets and a loss function while training to capture error most meaningfully. For second category, system predicts total bid quantity (TBQ) of a generator and then predicts to allocate TBQ predicted across the various price bands which is accomplished by the softmax regression for constant TBQs.

Abstract: A system and method for predicting travel time of a vehicle on routes of unbounded length within arterial roads. It collects historical information from probe vehicles positions using GPS technology in a periodic fashion and the sequence of links traversed between successive position measurements. Further, it collects information of neighborhood structure for each link within the arterial roads network. Any of the existing conditional probability distribution functions could be used to capture the spatio-temporal dependencies between each link of the arterial network and its neighbors. It learns the parameters of this data driven probabilistic model from historical information of probe vehicle trajectories traversed within the arterial roads network using an associated expectation maximization method.

Abstract: In energy markets in which bidding process is used to sell energy, it is important that a mechanism for deciding bidding amount is in place. State of the art systems in this domain have the disadvantage that they rely on simulation data, and also they make certain assumptions, and both the factors can affect accuracy of results when the systems are deployed and are expected to handle practical scenarios. The disclosure herein generally relates to energy markets, and, more particularly, to a method and a system for Reinforcement Learning (RL) based model for generating bids. The system trains a RL agent using historical data with respect to competitor bids places and Market Clearing Prices (MCPs). The RL agent then processes real-time inputs and generates bidding recommendations.

Abstract: This disclosure relates to methods and systems for simulation of electricity value ecosystem using agent based modeling approach. State-of-the-art methods utilize simulation tools to support decision making that do not model agents own behaviour and its response to other agents based on an interaction, thereby unable to analyse complex interactions in the electricity value ecosystem. The present disclosure provides a generalized integrated simulation platform which provides dynamic configurability to simulate a plurality of user requirements associated with the electricity value eco-system using a causal diagram which is further used to identify a plurality of agents. Further, a plurality of a plurality of models and processes for the plurality of agents are determined or generated based on their availability in a repository. The causal diagram is refined in accordance with one or more constraints which supports in making a better and informed decision considering changing dynamics of the plurality of agents.

Abstract: Electrical utilities offer incentives to customers to reduce consumption during periods of demand-supply mismatch. A building's participation in demand response (DR) depends both on its ability (due to building constraints), and its willingness (a function of incentive) to reduce electricity. Customers prefer a large incentive whereas a utility would want to minimize the revenue outflow to achieve a target reduction. Systems and methods of the present disclosure identify optimal incentive from the utility's perspective reflecting this trade-off. A model is built to estimate the demand response potential (DRP) of a building for a given incentive offered by the utility. The models for individual buildings are used to characterize the behavior of an ensemble of buildings. The utility may then decide optimum incentives that should be offered to achieve a target DR, using the associated DRP.

Abstract: The present disclosure provides system and method for determining optimal decision parameters for a demand response (DR) event involving a District Cooling Plant (DCP). Most of conventional DR event techniques address control of building-level energy consumption loads alone while in presence of District Cooling (DC) has not received much attention when a plurality of buildings are served by a District Cooling Plant (DCP). The disclosed system and method determine set points of optimal decision parameters of the plurality of buildings and the DCP, by conditioning and un-conditioning on the DCP parameters such that a thermal discomfort of occupants residing in the plurality of buildings is minimum and achieves a maximum target energy demand reduction during the DR event. The disclosed system and method work for hundreds of buildings and able to determine the optimal decision parameters for each building and the DCP efficiently.

Abstract: Method and system for predicting temporal-spatial distribution of load demand on an electric grid due to a plurality of Electric Vehicles (EVs) is described. The method includes creating an EV load demand (EVLD) model for a Region of Interest (ROI) serviced by the electric grid, wherein the EVLD model integrates an EV model and a transport simulator simulating EV traffic conditions for the ROI. Further, the method includes computing the load demand in time and space in terms of State of Charge (SOC) of a battery for each EV among the plurality of EVs in the ROI, based on the EVLD model. Furthermore, the method includes aggregating the computed the load demand, in terms of the SOC, of each EV in time domain and space domain to create a temporal-spatial impact of the load demand by the plurality of EVs on the electric grid for the ROI.

Abstract: In energy markets in which bidding process is used to sell energy, it is important that a mechanism for deciding bidding amount is in place. State of the art systems in this domain have the disadvantage that they rely on simulation data, and also they make certain assumptions, and both the factors can affect accuracy of results when the systems are deployed and are expected to handle practical scenarios. The disclosure herein generally relates to energy markets, and, more particularly, to a method and a system for Reinforcement Learning (RL) based model for generating bids. The system trains a RL agent using historical data with respect to competitor bids places and Market Clearing Prices (MCPs). The RL agent then processes real-time inputs and generates bidding recommendations.

Abstract: Sum of bid quantities (across price bands) placed by generators in energy markets have been observed to be either constant OR varying over a few finite values. Several researches have used simulated data to investigate desired aspect. However, these approaches have not been accurate in prediction. Embodiments of the present disclosure identified two sets of generators which needed specialized methods for regression (i) generators whose total bid quantity (TBQ) was constant (ii) generators whose total bid quantity varied over a few finite values only. In first category, present disclosure used a softmax output based ANN regressor to capture constant total bid quantity nature of targets and a loss function while training to capture error most meaningfully. For second category, system predicts total bid quantity (TBQ) of a generator and then predicts to allocate TBQ predicted across the various price bands which is accomplished by the softmax regression for constant TBQs.

Abstract: This disclosure relates to methods and systems for simulation of electricity value ecosystem using agent based modeling approach. State-of-the-art methods utilize simulation tools to support decision making that do not model agents own behaviour and its response to other agents based on an interaction, thereby unable to analyse complex interactions in the electricity value ecosystem. The present disclosure provides a generalized integrated simulation platform which provides dynamic configurability to simulate a plurality of user requirements associated with the electricity value eco-system using a causal diagram which is further used to identify a plurality of agents. Further, a plurality of a plurality of models and processes for the plurality of agents are determined or generated based on their availability in a repository. The causal diagram is refined in accordance with one or more constraints which supports in making a better and informed decision considering changing dynamics of the plurality of agents.

Abstract: The present disclosure provides system and method for determining optimal decision parameters for a demand response (DR) event involving a District Cooling Plant (DCP). Most of conventional DR event techniques address control of building-level energy consumption loads alone while in presence of District Cooling (DC) has not received much attention when a plurality of buildings are served by a District Cooling Plant (DCP). The disclosed system and method determine set points of optimal decision parameters of the plurality of buildings and the DCP, by conditioning and un-conditioning on the DCP parameters such that a thermal discomfort of occupants residing in the plurality of buildings is minimum and achieves a maximum target energy demand reduction during the DR event. The disclosed system and method work for hundreds of buildings and able to determine the optimal decision parameters for each building and the DCP efficiently.

Abstract: The present disclosure provides a method and a system for estimating capacity and usage pattern of behind-the-meter energy storage in electric networks. Conventional techniques on estimating an effective capacity of behind-the-meter energy storage of a consumer, in presence of distributed energy generation units is limited, computationally intensive and provide inaccurate prediction. The present disclosure provides an accurate estimate of the effective capacity and usage pattern of behind-the-meter energy storage of a target consumer utilizing data samples received from a utility in presence of one or more distributed energy generation units, using an energy balance equation with less computation and accurate prediction. Based on accurate estimation of the effective capacity and usage pattern, the utility may plan for proper infrastructure to meet power demands of the consumers.

Abstract: A system and method for predicting travel time of a vehicle on one or more routes within arterial roads. It collects historical information from probe vehicles positions using GPS technology in a periodic fashion and the sequence of links traversed between successive position measurements. Further, it collects information of neighborhood structure for each link within the arterial roads network. A NoisyOR conditional probability distribution function is proposed to capture the spatio-temporal dependencies between each link of the arterial network and its neighbors. It learns the parameters of this data driven probabilistic model from collected historical information of probe vehicle trajectories traversed within the arterial roads network using a proposed expectation maximization method.

Abstract: Traditionally, benchmarking of asset performance involves comparing actual performance with ideal values that correspond to test conditions which may not be realized in practice leading to inappropriate ranking of the assets. Systems and methods of the present disclosure use condition-aware reference curves for estimating the maximum possible operating efficiencies (under specific operating conditions) instead of the theoretical maximum efficiencies. The reference curves are received from the manufacturer or obtained from on-site test results. Benchmarking is then performed based on two dimensions, viz., an inter-asset metric and an intra-asset metric that are analogous to the first law and second law of thermodynamics respectively. The two-dimensional benchmarking then helps in identifying inefficient assets that may be analyzed further for finding the root cause.