Net-Metering In A Power Distribution System
First Claim
1. A method of net-metering in a power distribution system comprising a distributed renewable generation (‘
- DRG’
) system, the DRG system capable of providing power to a local load, an electric utility, and one or more batteries for storage, the method carried out iteratively during operation of the power distribution system, the method comprising;
creating, by a decision control engine, the decision control engine comprising a module of automated computing machinery, a local load and generation profile for a predefined period of time, the local load and generation profile describing projected net local power generation for the predefined period of time;
deciding, by the decision control engine in accordance with revenue optimizing decision criteria and in dependence upon the local load and generation profile, present and projected utility power purchase prices, and a present state of charge of the batteries, whether to sell or store locally generated power;
providing locally generated power to the electric utility if the decision control engine decides to sell locally generated power; and
charging batteries with locally generated power if the decision control engine decides to store locally generated power.
1 Assignment
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Accused Products
Abstract
net-metering in a power distribution system that includes a DRG system that is capable of providing power to a local load, an electric utility, and one or more batteries for storage, where net-metering is carried out iteratively during operation of the power distribution system and includes: creating, by a decision control engine, a local load and generation profile for a predefined period of time; deciding, by the decision control engine in accordance with revenue optimizing decision criteria and in dependence upon the local load and generation profile, present and projected utility power purchase prices, and a present state of charge of the batteries, whether to sell or store locally generated power; providing locally generated power to the electric utility if the decision control engine decides to sell locally generated power; and charging batteries with locally generated power if the decision control engine decides to store locally generated power.
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Citations
20 Claims
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1. A method of net-metering in a power distribution system comprising a distributed renewable generation (‘
- DRG’
) system, the DRG system capable of providing power to a local load, an electric utility, and one or more batteries for storage, the method carried out iteratively during operation of the power distribution system, the method comprising;creating, by a decision control engine, the decision control engine comprising a module of automated computing machinery, a local load and generation profile for a predefined period of time, the local load and generation profile describing projected net local power generation for the predefined period of time; deciding, by the decision control engine in accordance with revenue optimizing decision criteria and in dependence upon the local load and generation profile, present and projected utility power purchase prices, and a present state of charge of the batteries, whether to sell or store locally generated power; providing locally generated power to the electric utility if the decision control engine decides to sell locally generated power; and charging batteries with locally generated power if the decision control engine decides to store locally generated power. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
- DRG’
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10. Apparatus for net-metering in a power distribution system comprising a distributed renewable generation (‘
- DRG’
) system, the DRG system capable of providing power to a local load, an electric utility, and one or more batteries for storage, the apparatus comprising a computer processor, a computer memory operatively coupled to the computer processor, the computer memory having disposed within it computer program instructions capable of, iteratively during operation of the power distribution system;creating, by a decision control engine, the decision control engine comprising a module of automated computing machinery, a local load and generation profile for a predefined period of time, the local load and generation profile describing projected net local power generation for the predefined period of time; deciding, by the decision control engine in accordance with revenue optimizing decision criteria and in dependence upon the local load and generation profile, present and projected utility power purchase prices, and a present state of charge of the batteries, whether to sell or store locally generated power; providing locally generated power to the electric utility if the decision control engine decides to sell locally generated power; and charging batteries with locally generated power if the decision control engine decides to store locally generated power. - View Dependent Claims (11, 12, 13, 14, 15)
- DRG’
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16. A computer program product for net-metering in a power distribution system comprising a distributed renewable generation (‘
- DRG’
) system, the DRG system capable of providing power to a local load, an electric utility, and one or more batteries for storage, the computer program product disposed in a computer readable recording medium, the computer program product comprising computer program instructions capable of, iteratively during operation of the power distribution system;creating, by a decision control engine, the decision control engine comprising a module of automated computing machinery, a local load and generation profile for a predefined period of time, the local load and generation profile describing projected net local power generation for the predefined period of time; deciding, by the decision control engine in accordance with revenue optimizing decision criteria and in dependence upon the local load and generation profile, present and projected utility power purchase prices, and a present state of charge of the batteries, whether to sell or store locally generated power; providing locally generated power to the electric utility if the decision control engine decides to sell locally generated power; and charging batteries with locally generated power if the decision control engine decides to store locally generated power. - View Dependent Claims (17, 18, 19, 20)
- DRG’
Specification