×

Method and system for calculating marginal cost curves using plant control models

  • US 20060089730A1
  • Filed: 10/25/2005
  • Published: 04/27/2006
  • Est. Priority Date: 10/25/2004
  • Status: Active Grant
First Claim
Patent Images

1. A method for calculating a marginal cost curve for a plant at a plant load range comprising a plurality of specified plant loads, the method comprising:

  • (a) providing a model used for controlling the plant, the model relating plant load and one or more given cost contributing factors;

    (b) determining a marginal value for each of the one or more given cost contributing factors at each of the plurality of specified plant loads using the model;

    (c) determining a variable cost at each of the plurality of specified plant loads by;

    (i) multiplying the marginal value of each of the one or more given cost contributing factors at each of the plurality of specified plant loads by a respective unit cost of each of the one or more given cost contributing factors, and (ii) if there are a plurality of given cost contributing factors, summing the results of (i) at each of the plurality of specified plant loads; and

    (d) determining a marginal variable cost at each of the plurality of specified plant loads by computing a derivative of the variable cost at each of the plurality of specified plant loads, wherein a collection of marginal variable costs at the plurality of specified plant loads defines the marginal cost curve for the plant at the plant load range.

View all claims
  • 4 Assignments
Timeline View
Assignment View
    ×
    ×