The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 14, 2023
Filed:
Mar. 17, 2021
Tata Consultancy Services Limited, Mumbai, IN;
Narayanan Rajagopal, Bangalore, IN;
Yogesh Kumar Bichpuriya, Pune, IN;
Sumit Kumar Ray, Kolkata, IN;
Aashutosh Kumar Soni, Kolkata, IN;
Subrata Indra, Kolkata, IN;
Subham Kumar, Kolkata, IN;
Vishnu Padmakumar Menon, Pune, IN;
Smita Lokhande, Kolkata, IN;
TATA CONSULTANCY SERVICES LIMITED, Mumbai, IN;
Abstract
This disclosure relates generally to a system and method for transactive energy (TE) market model. Existing TE models either consider market without a network simulation model or both the market model and the network simulation model are considered in a single formulation which makes the computation complex. The disclosed system considers both the power flow simulation of the network and the market model in a sequence. In other words, the disclosed system decouples the market model and network model to reduce the computational complexity at the same time without sacrificing on the technical feasibility of the solution.