The present invention is an apparatus for optimizing security constrained
dispatch and pricing for the wholesale energy trading market. The
imbalance market uniquely requires a real-time market for bidding and for
providing the energy generation adjustments required to satisfy the
imbalance. The present invention address the above noted needs by
providing a real-time imbalance engine to support and implement the
equitable imbalance requirement via a computer system implementation.
Additionally, the present invention allows the market generators and
loads to provide electronic bids for resolution while considering
constraints on the demand and supply system.