System and method for gathering and performing complex analyses on power data from multiple remote sources

Abstract

The invention encompasses data analytics, and more specifically, encompasses the efficient gathering and management of data, and the execution of data analysis solutions on complex power and pricing.

What is claimed is: 
     
         1 . A system, comprising:
 a processor;   a display unit; and   a non-transitory data storage device that includes instructions when executed by the processor comprising:   a data gathering unit to gather power data and locational marginal pricing (LMP) data from a plurality of remote power data sources, wherein the power data includes real-time power data; and   a data analysis unit to correlate the real-time power data with the LMP data for identifying causal factors.   
     
     
         2 . The system of  claim 1 , wherein the data gathering unit converts the power data and the LMP data into a common data format. 
     
     
         3 . The system of  claim 2 , further comprising a database to store at least the gathered real-time power data and the LMP data, the converted power data and the LMP data, and the correlated data of causal factors. 
     
     
         4 . The system of  claim 1 , wherein the data gathering unit gathers the power data and LMP data over a network. 
     
     
         5 . The system of  claim 1 , further comprising an access unit to grant access to one or more remote users. 
     
     
         6 . The system of  claim 5 , wherein the one or more remote users are power traders in at least one power trading market. 
     
     
         7 . The system of  claim 1 , further comprising a remote user device. 
     
     
         8 . The system of  claim 1 , wherein the display unit transmits display signals to the remote user device. 
     
     
         9 . The system of  claim 1 , further comprising a price reporting unit to generate at least one price summary report. 
     
     
         10 . The system of  claim 9 , wherein the price summary report is presented based on filter criteria, the filter criteria including at least one of a price report type, start date, end date, day type, hour type, independent system operator (ISO) type, node type, delta value, standard deviation value, rank-by value, and LMP type. 
     
     
         11 . The system of  claim 2 , further comprising a chart analysis unit to compare at least one of the converted power data and the LMP data and the correlated data of causal factors and to generate at least one chart analysis report. 
     
     
         12 . The system of  claim 11 , wherein the chart analysis report is generated based on filter criteria, the filter criteria including at least one of a start date, an end date, a day type, a hour type, a time zone type, a plurality of node types, a plurality of ISO/zone types, a plurality of weather types, and a compare nodes type. 
     
     
         13 . The system of  claim 2 , further comprising a price look-back unit to retrieve the converted power data and the LMP data, and the correlated data of causal factors according to at least look-back criteria. 
     
     
         14 . The system of  claim 13 , wherein the look-back criteria includes at least one of a temperature value, a load value, an outage value, an ISO type, a weather type, a forecast date, a day value, a hour type, a matching hour value, a start date, and an end date. 
     
     
         15 . The system of  claim 13 , wherein the look-back criteria includes at least one of a fuel index type, a fuel index price, a constraint type, and a transmission outage type. 
     
     
         16 . The system of  claim 13 , wherein the retrieved data is passed to a price reporting unit to generate at least one price look-back report according to filter criteria. 
     
     
         17 . The system of  claim 16 , wherein the filter criteria includes at least a price report type. 
     
     
         18 . The system of  claim 11 , further comprising a look-back results unit to display the retrieved data according to at least one of a date value, a day value, an average load forecast value, an outage value, an actual outage value, an average temperature value, a spot fuel value, and a price report type. 
     
     
         19 . The system of  claim 13 , further comprising a compare node unit to compare nodes to the retrieved data. 
     
     
         20 . The system of  claim 10 , wherein the price report type includes at least one of a scouting summary, scouting detail, hourly spread, hourly averages, node ranking, top nodes, LMP breakdown, day ahead (DA) constraints, constraint frequency, weather forecast, weather forecast versus actual forecast, fuel prices, financial transmission rights (FTR) monthly auction, RSG/OP reserves, and transmission outages.