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System and method for economic dispatching of electrical power

  • US 5,621,654 A
  • Filed: 04/15/1994
  • Issued: 04/15/1997
  • Est. Priority Date: 04/15/1994
  • Status: Expired due to Term
First Claim
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1. A method for dispatching electrical power, comprising the steps of:

  • utilizing measuring means for measuring operating parameters for a plurality of power generating units to obtain real-time heat rate data for each of said plurality of power generating units, said measuring means including for each power generating unit at least one sensing device for measuring the operating parameters;

    utilizing a central processor for polling each power generating unit for retrieving the measured operating parameters;

    transferring said measured operating parameters to said central processor at regular intervals for calculating the real-time heat rate for each of said plurality of power generating units from said heat rate data;

    obtaining load requirements for a geographical area;

    determining configurations of said plurality of power generating units which satisfy the load requirements of a geographic area;

    determining a cost of generating electrical power for each said configuration, said cost determination being based upon said real-time heat rate data;

    obtaining a price for purchasing power;

    comparing said cost determination for generating power with said price for purchasing power and selecting the lowest cost for the power generation; and

    dispatching the electrical power during a real-time operation of said plurality of power generating units by selecting one of said configurations with the lowest power generating cost if said cost of generating electrical power is less than said price for purchasing power.

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