Company Filing History:
Years Active: 2020
Title: Innovating Electricity Trading: The Contributions of Shunming Bai
Introduction
Shunming Bai, an accomplished inventor based in Hubei, China, has made significant strides in the field of electricity trading. With one patent to his name, he has developed a unique method aimed at improving the trading of ultra-high voltage alternating current (UHV AC) electricity. His innovative approach seeks to enhance the accuracy and fairness of electricity trading settlements.
Latest Patents
Shunming Bai's notable patent, titled "Method for determining integrated network loss rate in UHV AC cross-regional electricity trading," outlines a comprehensive methodology for accurately assessing integrated network loss rates during cross-regional electricity transactions. This method combines theoretical calculations of UHV AC transmission line losses with actual statistical data to create a relational fitted curve. By performing geometrical average corrections on the original curve, Bai's method ensures that planned loss rates align more closely with real-world values, thus increasing the fairness of trading settlements. The simplicity and high accuracy of the implementation make it suitable for regular or real-time electricity trading.
Career Highlights
Shunming Bai has had an impactful career, contributing to various research institutions and corporations that focus on energy transmission. His expertise has led him to work with notable organizations such as the State Grid Corporation of China and the Economic & Technology Research Institute of Hubei Electric Power Company. His experiences in these companies have enriched his understanding of the complexities involved in electricity trading and transmission.
Collaborations
Throughout his career, Bai has collaborated with esteemed colleagues, including Ting Hu and Yinya Zhang. These partnerships have fostered an environment of innovation, allowing for the exchange of ideas and the development of solutions that address real-world challenges in the energy sector.
Conclusion
Shunming Bai's contributions to the realm of UHV AC electricity trading are highly commendable. His innovative patent not only enhances the accuracy of trading settlements but also promotes fairness in a critical area of energy management. With a strong background in research and collaboration, Bai's work continues to influence the future of electricity trading in China and beyond.
Inventor’s Patent Attorneys refers to legal professionals with specialized expertise in representing inventors throughout the patent process. These attorneys assist inventors in navigating the complexities of patent law, including filing patent applications, conducting patent searches, and protecting intellectual property rights. They play a crucial role in helping inventors secure patents for their innovative creations.