Systems and methods for assessing economic feasibility of an energy plant
US11276125B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Oct 17, 2019 |
| Grant date | Mar 15, 2022 |
| Priority date | — |
| Expiry date | Oct 17, 2039 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/0637
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Systems and methods for generating graphical elements in a user interface are shown according to various embodiments. Various plant designs may be simulated under scenario conditions to predict energy usage and cost. A user may indicate to perform an economic feasibility analysis for one or more simulated plant designs. Financial performance data may be generated for the one or more plant designs according to one or more analysis parameters. Financial performance data may be a Net Present Value, Internal Rate of Return, or Payback period. A graphical element may be generated in a user interface to present the generated financial performance data. Financial performance data may be compared to threshold values to determine if the plant design is acceptable. Financial performance data can be compared for different plant designs to choose the optimal plant design.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.