METHOD AND SYSTEM FOR CONTROLLING CHARGE AND DISCHARGE OF HIGH POWERED ENERGY STORAGE SYSTEMS
First Claim
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1. A method for physically optimizing energy usage and derive an economic benefit from a high energy storage system, said method comprising:
- optimizing energy flow between a renewable energy facility and a utility utilizing an installed battery system that includes at least one battery in the context of a high-energy storage system; and
performing an economic analysis of said high energy storage system that includes considering and processing a plurality of factors as a part of said economic analysis including how to determine an optimal time to charge and discharge said at least one battery in said installed battery system and whether to sell excess power and/or implement peak shaving so as to maximize an economic benefit from said renewable energy facility, said utility, and said installed battery system.
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Abstract
A modeling framework performs an economic analysis of a battery storage system to determine the economic feasibility with different business opportunities. The installed battery system can be utilized to optimize the energy flow between the wind farm and the utility. Several factors can be considered when performing the analysis, the most important being, how to determine the best optimal time to charge and discharge the battery to maximize economic benefit.
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Citations
20 Claims
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1. A method for physically optimizing energy usage and derive an economic benefit from a high energy storage system, said method comprising:
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optimizing energy flow between a renewable energy facility and a utility utilizing an installed battery system that includes at least one battery in the context of a high-energy storage system; and performing an economic analysis of said high energy storage system that includes considering and processing a plurality of factors as a part of said economic analysis including how to determine an optimal time to charge and discharge said at least one battery in said installed battery system and whether to sell excess power and/or implement peak shaving so as to maximize an economic benefit from said renewable energy facility, said utility, and said installed battery system. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A system for physically optimizing energy usage and derive an economic benefit from a high energy storage system, said system comprising:
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a renewable energy facility and a high-energy storage system, wherein energy flow between said renewable energy facility and a utility is optimized utilizing an installed battery system that includes at least one battery in the context of said high-energy storage system; and a module performing an economic analysis of said high energy storage system that includes considering and processing a plurality of factors as a part of said economic analysis including how to determine an optimal time to charge and discharge said at least one battery in said installed battery system and whether to sell excess power and/or implement peak shaving so as to maximize an economic benefit from said renewable energy facility, said utility, and said installed battery system. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
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19. A system for physically optimizing energy usage and derive an economic benefit from a high energy storage system, said system comprising:
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a renewable energy facility and a high-energy storage system that includes an installed battery system, wherein energy flow between said renewable energy facility and a utility is optimized utilizing said installed battery system that includes at least one battery in the context of said high-energy storage system; at least one processor; and a computer-usable medium embodying computer program code, said computer-usable medium capable of communicating with said at least one processor, said computer program code comprising instructions executable by said at least one processor and configured for performing an economic analysis of said high energy storage system that includes considering and processing a plurality of factors as a part of said economic analysis including how to determine an optimal time to charge and discharge said at least one battery in said installed battery system and whether to sell excess power and/or implement peak shaving so as to maximize an economic benefit from said renewable energy facility, said utility, and said installed battery system. - View Dependent Claims (20)
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Specification