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Risk-responsive bidding strategy for renewable wind and solar power generation
RPI ID:
2024-002-301
Innovation Summary:
This technology introduces a bidding system for renewable energy markets that adjusts bids based on real-time risk assessments. It incorporates predictive analytics and market data to optimize bidding strategies. The system enhances profitability and grid reliability. It is designed for integration with solar,...
Published: 3/10/2026
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Updated: 3/10/2026
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Inventor(s): Aparna Gupta
Keywords(s): Power Markets, Renewable Energy, Risk Management, sustainability
Category(s): Energy, Environment and Smart Systems
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