FACILITATING REVENUE GENERATION FROM WHOLESALE ELECTRICITY MARKETS USING AN ENGINEERING-BASED MODEL

The disclosure facilitates generation of energy-related revenue for an energy customer of an electricity supplier. The disclosure herein can be implemented to generate suggested operating schedules for energy assets that include a controllable energy asset, using an objective function. The objective...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: HAMEYIE EUNICE B, STEVEN ALAIN P
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:The disclosure facilitates generation of energy-related revenue for an energy customer of an electricity supplier. The disclosure herein can be implemented to generate suggested operating schedules for energy assets that include a controllable energy asset, using an objective function. The objective function is determined based on a dynamic simulation model of the energy profile of the energy assets. The dynamic simulation model is adaptive to physical changes in the energy assets based at least in part on a physical model of the thermodynamic property of the at least one energy asset and at least in part on data representative of an operation characteristic of the controllable energy asset, a thermodynamic property of the energy assets, and/or a projected environmental condition. Energy-related revenue available to the energy customer is based at least in part on a wholesale electricity market or on a regulation market.