US Patent Issued to SOGANG UNIVERSITY RESEARCH & BUSINESS DEVELOPMENT FOUNDATION on Aug. 11 for "Renewable energy error compensable forcasting method using battery" (South Korean Inventors)

ALEXANDRIA, Va., Aug. 12 -- United States Patent no. 12,705,479, issued on Aug. 11, was assigned to SOGANG UNIVERSITY RESEARCH & BUSINESS DEVELOPMENT FOUNDATION (Seoul, South Korea).

"Renewable energy error compensable forcasting method using battery" was invented by Hongseok Kim (Seoul, South Korea) and Jaeik Jeong (Seoul, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "A renewable energy error compensable forecasting method using a battery is provided.The method may include modeling a policy PiTheta with a parameter Theta, by using a reinforcement learning algorithm in which a state st of an agent in a time zone t and, a reward rt+1 in a time zone t+1 and a next state st+1 with respect to an act...