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Method and apparatus for storing and using energy to reduce the end-user cost of energy

  • US 7,155,912 B2
  • Filed: 10/27/2004
  • Issued: 01/02/2007
  • Est. Priority Date: 10/27/2003
  • Status: Active Grant
First Claim
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1. A method of reducing the end-user cost of energy at a predetermined location, comprising:

  • providing an energy storage system comprising at least one tank and compressor capable of storing energy in the form of compressed air energy;

    locating said system at an end-user site, wherein said end-user is a consumer of energy rather than a supplier;

    forecasting how much energy will be used at said site during a second period of time, during which the energy cost is at a relatively high second rate;

    determining the nature and extent of the peak power surges and/or spikes that are expected to occur at said site during said second period of time;

    storing in said tank a predetermined amount of compressed air energy from an energy source during a first period of time, during which the energy cost is at a relatively low first rate, wherein said first period of time is prior to said second period of time; and

    using the compressed air energy from said tank in a manner that helps offset the amount of energy used at said site during said second period of time, and offset the peak power surges and/or spikes occurring at said site during said second period of time, such that the surges and/or spikes are substantially reduced or eliminated.

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