On limits of computing power / safe limits on efficiencies from computing power vs. raw simple-switched grid capacity: - Suppose someone sabotages the computing system either with a virus/software intervention, intercepting and corrupting data inputs to the system, or by compromising the compututational system itself (physical or chip-level sabatage), or data network interruption. At what capacity would simple trading and power switching systems then be able to operate? How much 100% reliable, 100% non-gamed, 100% command-controlled generation capacity, demand-response, and power switching / routing capacity is there left when all the complicated trading and data systems fail? What would it take to cause such a failure (how likely is it)? Given this, shouldn't some margin of safety be established such that the dumb, command-based model of operation could still provide basic 4-hour rolling-black-out every 24-hour period level service, to all customers?
A nice look at the energy market complexity under the hood of, for example, the crazy energy trading engine that was ENRON.
Hi, can we find the powerpoint deck somewhere? Very interesting presentation
I'd like to hear Shmuel's take on the NYISO auction market logic...
On limits of computing power / safe limits on efficiencies from computing power vs. raw simple-switched grid capacity:
- Suppose someone sabotages the computing system either with a virus/software intervention, intercepting and corrupting data inputs to the system, or by compromising the compututational system itself (physical or chip-level sabatage), or data network interruption. At what capacity would simple trading and power switching systems then be able to operate? How much 100% reliable, 100% non-gamed, 100% command-controlled generation capacity, demand-response, and power switching / routing capacity is there left when all the complicated trading and data systems fail? What would it take to cause such a failure (how likely is it)? Given this, shouldn't some margin of safety be established such that the dumb, command-based model of operation could still provide basic 4-hour rolling-black-out every 24-hour period level service, to all customers?
good vid!
excellent