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System, method and computer program product for enhancing commercial value of electrical power produced from a renewable energy power production facility

  • US 10,135,253 B2
  • Filed: 06/15/2001
  • Issued: 11/20/2018
  • Est. Priority Date: 12/29/2000
  • Status: Active Grant
First Claim
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1. A method for coordinating power output from a renewable power production facility with an other power production facility so as to implement a virtual energy storage mechanism for the renewable power production facility, comprising steps of:

  • producing and applying to transmission lines of a transmission grid a predetermined amount of electric power collectively provided by the renewable power production facility and the other power production facility, the renewable power production facility applying a variable amount of electric power, and the other power production facility applying a controllable amount of electric power;

    determining, with a hardware processor, that a produced amount of power produced by the renewable power production facility deviates from a threshold by a predetermined quantity;

    informing, via digital communications, the other power production facility of said predetermined quantity;

    adjusting and applying to the transmission lines a power output of the other power production facility by an amount that corresponds to said predetermined quantity and compensating for any deviation from the threshold by the renewable power production facility so as to have a resultant total power produced by or on behalf of the renewable power production facility to be approximately at said threshold when the predetermined quantity is within a production dynamic range of the other power production facility;

    when the predetermined quantity is not within the production dynamic range of the other power production facility, informing, via said digital communications, an additional power production facility of said predetermined quantity so that the additional power production facility can compensate for the deviation from the threshold by the renewable power production facility so as to have the resultant total power produced by or on behalf of the renewable power production facility to be approximately at said threshold;

    storing energy in the other power production facility, an amount of the stored energy corresponding to an amount of a production surplus of energy produced by the renewable power production facility;

    keeping a record, in a computer storage memory, of the amount of the stored energy, and subsequently fulfilling a production obligation of the renewable power production facility by producing a portion of said amount of stored energy by the other power production facility on behalf of the renewable power production facility so as to provide more efficient and commercially valuable services by the renewable power production facility;

    detecting a fault in the transmission grid; and

    causing the renewable power production facility to provide short circuit power with sufficient current to trip a circuit protection device to disconnect the renewable power production facility from the transmission grid,wherein the other power production facility serves as the virtual energy storage mechanism that, in response to receiving a request from the renewable power production facility to use the stored energy, releases stored energy to the transmission lines and produces power that covers a production shortfall by the renewable power production facility, and that increases its potential energy by capturing and storing energy based on the production surplus of the renewable power production facility, the production surplus corresponding to energy produced in excess of a minimum amount of energy that is produced by the renewable power facility and applied to the transmission lines,wherein the other power production facility stores the production surplus of the renewable power production facility only when an amount of energy produced by the renewable power production facility exceeds the minimum amount of energy,wherein the production surplus of the renewable power production facility is transformed into said potential energy of the other power production facility,wherein the method further comprises offering for sale a unit of power by sending a predetermined message,wherein the predetermined message includes a specific identifier of said unit of power and a statistical indicator,wherein said unit of power includes an undetermined amount of electric power from the renewable power production facility and an adjusted power output from the other power production facility at a predetermined future time and guaranteeing delivery of said unit of power, andwherein the statistical indicator indicates a likelihood of actually providing said unit of power and is derived based upon meteorological data and past performance data of the renewable power production facility.

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