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VIRTUAL POWER PLANT SYSTEM AND METHOD INCORPORATING RENEWAL ENERGY, STORAGE AND SCALABLE VALUE-BASED OPTIMIZATION

  • US 20120130556A1
  • Filed: 11/17/2011
  • Published: 05/24/2012
  • Est. Priority Date: 11/18/2010
  • Status: Active Grant
First Claim
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1. A computer-implemented method for distributing electrical energy to a location in an area having an energy storage device and an electrical load, comprising:

  • computing a value hierarchy for the location and at least one other location in the area;

    executing an objective function based on actual and predicted values for at least one of (1) electricity rates, (2) weather data and (3) electrical load for the location, wherein the objective function is subject to periodic and aggregate constraints;

    controlling the distribution of electrical energy to the energy storage device for charging based on the objective function;

    revising periodic constraints based on the value hierarchy; and

    controlling the distribution of electrical energy at the energy storage device for discharging based on the objective function and revised periodic constraints.

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