Arbitrage control system for two or more available power sources
First Claim
1. A method for selecting a power source for a device or delivery point from two or more available power sources, the method comprising the steps of:
- (a) analyzing market and operational data related to the two or more available power sources, and the device or delivery point;
(b) selecting the power source for the device or delivery point from the two or more available power sources based on a set of financial parameters; and
(c) sending one or more signals to switch the device or delivery point to the selected power source whenever the device or delivery point is not already connected to the selected power source.
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Accused Products
Abstract
The present invention provides an arbitrage control system for two or more available power sources (106, 108) that enables the automatic or manual control of one or more multi-source systems (202) to take advantage of price differentials across commodities, locations and/or time. The present invention selects a power source for a device or delivery point (110) from two or more available power sources (106, 108) by analyzing market and operational data (406). A power source (106 or 108) for the device or delivery point (110) is then selected from the two or more available power sources (106, 108) based on a set of financial parameters (408). If the device or delivery point (110) is not already connected to the selected power source, one or more signals are sent (418) to switch the device or delivery point (110) to the selected power source. The arbitrage controller (102) includes a user interface (300), market interface (302), multi-source interface (304), database (306) and processor (308). The processor (308) is communicably coupled to the user interface (300), the market interface (302), the multi-source interface (304) and the database (306).
165 Citations
94 Claims
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1. A method for selecting a power source for a device or delivery point from two or more available power sources, the method comprising the steps of:
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(a) analyzing market and operational data related to the two or more available power sources, and the device or delivery point;
(b) selecting the power source for the device or delivery point from the two or more available power sources based on a set of financial parameters; and
(c) sending one or more signals to switch the device or delivery point to the selected power source whenever the device or delivery point is not already connected to the selected power source. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29)
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30. An apparatus for selecting a power source for a device or delivery point from two or more available power sources comprising:
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a user interface;
a market interface;
a multi-source interface;
a database; and
a processor communicably coupled to the user interface, the market interface, the multi-source interface and the database, wherein the processor analyzes market and operational data related to the two or more available power sources and the device or delivery point, selects the power source for the device or delivery point from the two or more available power sources based on a set of financial parameters and sends one or more signals via the multi-source interface to switch the device or delivery point to the selected power source whenever the device or delivery point is not already connected to the selected power source. - View Dependent Claims (31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65)
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66. A computer program embodied on a computer readable medium for selecting a power source for a device or delivery point from two or more available power sources, the computer program comprising:
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a code segment for analyzing market and operational data related to the two or more available power sources, and the device or delivery point;
a code segment for selecting the power source for the device or delivery point from the two or more available power sources based on a set of financial parameters; and
a code segment for sending one or more signals to switch the device or delivery point to the selected power source whenever the device or delivery point is not already connected to the selected power source. - View Dependent Claims (67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94)
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Specification