Company Filing History:
Years Active: 2021
Title: Scott Arcand: Innovator in Next-Generation Energy Market Design
Introduction
Scott Arcand is a notable inventor based in New Brighton, MN (US). He has made significant contributions to the field of energy market systems, particularly through his innovative patent that addresses the complexities of electricity trading.
Latest Patents
Scott Arcand holds a patent for a next-generation energy market design and implementation. This invention provides a process and method for the next generation of electricity market systems that support competitive trading of electric energy and ancillary services within day-ahead and real-time market operation frameworks. The patent encompasses systems and methods related to advances in electricity market architecture, functionality, and performance. It ensures system operation reliability and maximizes market economic efficiency in energy and ancillary services trading within a competitive market environment. The solution process is designed to facilitate optimal clearing and competitive price formation for various market commodities supplied and consumed by numerous market entities.
Career Highlights
Scott Arcand is currently employed at Open Access Technology International, Inc. His work focuses on enhancing the efficiency and reliability of energy markets, contributing to the evolution of electricity trading systems.
Collaborations
Throughout his career, Scott has collaborated with notable professionals in the field, including Sasan Mokhtari and Haso Peljto. These collaborations have further enriched his contributions to energy market innovations.
Conclusion
Scott Arcand's work in next-generation energy market design exemplifies the importance of innovation in the energy sector. His patent reflects a commitment to improving market efficiency and reliability, making a significant impact on the future of electricity trading.