The Intelligent System for Making Offers on the Wholesale Electricity Market (SMARTRADE) project has been completed

The Intelligent System for Making Offers on the Wholesale Electricity Market (SMARTRADE) project took place between 2016-2020, being co-financed by the European Regional Development Fund through the Operational Competitiveness Program, Priority Axis 1 - Research, technological development and innovation (RDI) in support of economic competitiveness and business development, Action 1.1.4 Attracting staff with advanced skills from abroad to strengthen R&D capacity

Main objective:

To develop an informatics prototype which can accurately predict the electricity production/consumption on short and medium-term for all interested market participants (providers/producers) constituted as balance responsible parties (BRP), in order to establish efficient trading offers on the energy market, based on business rules and decision models.

Contributions

• New researchers
• New project opportunies: SMART MLA Project (H2020 ERA-NET program)
• Several scientific papers
• Know how on ICT implementations at Power Systems

Project web site: www.smartrade.ase.ro

LinkedIn: Smartrade Project

Google Scholar (keyword: smartrade)