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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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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