Energy management methods and systems based on financial impact
US10140670B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Aug 31, 2012 |
| Grant date | Nov 27, 2018 |
| Priority date | — |
| Expiry date | Mar 31, 2034 |
Classification
- Technology area (CPC Y)Emerging Cross-Sectional Technologies
- CPC primaryY04S20/222
- WIPO fieldElectrical machinery, apparatus, energy
- WIPO sectorElectrical engineering
Abstract
Energy management methods and systems based on financial impact are disclosed herein, wherein an energy management system at a site monitors metered energy consumption, establishes a peak consumption level, determines whether energy consumption will result in an increased peak consumption level, and if it will, calculates the financial value and costs of mitigating an increase in the peak consumption level, including an increase in demand charge prospectively avoided, and mitigates the peak in consumption to the peak consumption level using an energy storage system or other energy providing device if the value of mitigating the peak offsets the inherent costs. Embodiments may further use confidence factors or incremental changes to a peak consumption level to optimize the process and utilize energy devices to their greatest effectiveness.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.