Method for evaluation of energy utilities

US6988092B1 · kind B1 · utility

Assignee

• ABB RESEARCH LTD. · CH

Inventors

• Le Tang · Cary, US
• Xiaoming Feng · Cary, US
• David Lubkeman · Cary, US
• Anil Pahwa · Manhattan, US
• Jiuping Pan · Raleigh, US
• Lan Trinh · Cary, US
• Zhenyuan Wang · Apex, US

Key dates

• Filing date: Dec 21, 2001
• Grant date: Jan 17, 2006
• Expiry date: May 23, 2023

Classification

• Technology area (CPC Y): Emerging Cross-Sectional Technologies
• CPC primary: Y10S707/99931
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A computer implemented method uses a database of detailed, comprehensive utility operating and financial information. The method comprises: (1) feature based matching or similarity based benchmark and focus group selection; (2) a performance assessment procedure comprising multi-perspective analysis; and (3) multi-attribute business profiling and performance improvement potential analysis. As part of the performance assessment step, data corresponding to different utilities in a selected benchmark group are compared with each other to find their strengths and weaknesses. Interpretation of these gaps provides the cause of such gaps. Composite ranking analysis is used so that a composite score of at least one utility business is obtained.