Restricted Research - Award List, Note/Discussion Page
Fiscal Year: 2023
1418 University of Houston (143306)
Principal Investigator: Li,Xingpeng
Total Amount of Contract, Award, or Gift (Annual before 2011): $ 50,000
Exceeds $250,000 (Is it flagged?): No
Start and End Dates: 1/16/23 - 1/15/24
Restricted Research: YES
Academic Discipline: Electrical Engineering
Department, Center, School, or Institute: Electrical Engineering
Title of Contract, Award, or Gift: OPTIMAL RESOURCE MANAGEMENT IN DEREGULATED ELECTRICITY MARKETS
Name of Granting or Contracting Agency/Entity:
SHELL INT'L EXPLORATION AND PROD'N INC
CFDA: 00.000
Program Title: n/a
Note:
In this project, we will investigate how to optimally manage energy resources in deregulated electricity market environments. The electricity prices in deregulated markets could vary substantially in time and location, which would largely affect power resource management. We will develop a deep-learning based electricity price prediction method that could predict the wholesale electricity price; input features may include weather condition information and historical data. Then, we will develop an optimal resource management system that takes the predicted price as input in the decision-making process. SAMs 1.1.1
Discussion: No discussion notes