How the information technology could change — in better — the most important energy market. Part one
Simply using the today technology instead of that of 90’s, the day-ahead energy market could be improved in financial efficiency and transparency. In this two parts article, I’d like to show how the most important energy market could be improved adopting updated information technologies. The energy market I’m talking about is the day-ahead power market . It’s the primary wholesales energy market and links many European countries. In a world where the AI, the autonomous driving cars or the commercial space flights are reals, the day-ahead energy market is still based on 90’s technology. There are two stable technologies of the 2010s that could be introduced improving both the financial efficiency and the transparency of the market. The technologies I’m thinking are: the re-optimization the cloud computing In the second part of this article, we will see the improvement due to the cloud. Let we see now what the re-optimization enables. What is the day-ahead power