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Predictive contract system and method

  • US 7,310,572 B2
  • Filed: 09/16/2005
  • Issued: 12/18/2007
  • Est. Priority Date: 09/16/2005
  • Status: Active Grant
First Claim
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1. A control method comprising:

  • acquiring a power generation requirement for a selected time period of a power generation entity to meet a power contract;

    monitoring an internal power consumption of power for a power generation entity;

    monitoring the total generation of power from the power generation entity;

    projecting an amount of total power needed over a remaining portion of the selected time period to meet the power generation requirement for the selected time period and to meet the internal power consumption, the projected amount of total power needed over a selected time period including an amount of total power produced over a past portion of the selected time period;

    predicting a range of power generation achievable by the power generation entity over a portion of the selected time period remaining; and

    determining whether the projected amount of total power is within the range of power generation achievable over the selected time period.

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