Energy management methods and systems based on financial impact
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...
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creator | Gow, Philippe Hart |
description | 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. |
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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.</description><language>eng</language><subject>CALCULATING ; CIRCUIT ARRANGEMENTS OR SYSTEMS FOR SUPPLYING OR DISTRIBUTINGELECTRIC POWER ; COMPUTING ; CONVERSION OR DISTRIBUTION OF ELECTRIC POWER ; COUNTING ; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ; ELECTRICITY ; GENERATION ; PHYSICS ; SYSTEMS FOR STORING ELECTRIC ENERGY ; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR</subject><creationdate>2018</creationdate><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://worldwide.espacenet.com/publicationDetails/biblio?FT=D&date=20181127&DB=EPODOC&CC=US&NR=10140670B2$$EHTML$$P50$$Gepo$$Hfree_for_read</linktohtml><link.rule.ids>230,308,780,885,25564,76547</link.rule.ids><linktorsrc>$$Uhttps://worldwide.espacenet.com/publicationDetails/biblio?FT=D&date=20181127&DB=EPODOC&CC=US&NR=10140670B2$$EView_record_in_European_Patent_Office$$FView_record_in_$$GEuropean_Patent_Office$$Hfree_for_read</linktorsrc></links><search><creatorcontrib>Gow, Philippe Hart</creatorcontrib><title>Energy management methods and systems based on financial impact</title><description>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. 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subjects | CALCULATING CIRCUIT ARRANGEMENTS OR SYSTEMS FOR SUPPLYING OR DISTRIBUTINGELECTRIC POWER COMPUTING CONVERSION OR DISTRIBUTION OF ELECTRIC POWER COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES ELECTRICITY GENERATION PHYSICS SYSTEMS FOR STORING ELECTRIC ENERGY SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
title | Energy management methods and systems based on financial impact |
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