System and method for conserving energy resources through storage and delivery of renewable energy
First Claim
1. A method for encouraging the use of renewable energy sources and suitable for the conservation of energy resources through the efficient management of energy storage and delivery, the method comprising the steps of:
- connecting to a power source;
connecting to an energy storage subsystem;
connecting to a power grid;
routing at least some energy produced by the power source to the power grid;
automatically switching in substantially real-time between storing energy by transferring energy from at least one of the power source and the power grid to the storage subsystem, and generating energy by transferring energy from the storage subsystem to the power grid,wherein at least one of the routing and the switching is based at least in part on a market factor comprising a future market price of energy or electricity;
trading energy by at least one of buying power from and selling power to a power trading market; and
utilizing power available from the power source, the storage subsystem, and the energy trading to fulfill contractual power service requirements.
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Accused Products
Abstract
A system for encouraging the use of renewable energy sources and suitable for the conservation of energy resources through the efficient management of energy storage and delivery includes connections to a power source, an energy storage subsystem, and a power grid. The system includes a power routing subsystem coupled to the source and grid, and adapted to operate in a bypass mode, in which energy is transferred from the source to the grid. The system includes a conversion subsystem coupled to the routing and storage subsystems, and switchable in substantially real-time between a storage mode, in which energy is transferred from the routing to the storage subsystem, and a generation mode, in which energy is transferred from the storage to the routing subsystem for delivery to the grid. The system also includes a controller for directing the modes based at least in part on a market factor.
107 Citations
20 Claims
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1. A method for encouraging the use of renewable energy sources and suitable for the conservation of energy resources through the efficient management of energy storage and delivery, the method comprising the steps of:
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connecting to a power source; connecting to an energy storage subsystem; connecting to a power grid; routing at least some energy produced by the power source to the power grid; automatically switching in substantially real-time between storing energy by transferring energy from at least one of the power source and the power grid to the storage subsystem, and generating energy by transferring energy from the storage subsystem to the power grid, wherein at least one of the routing and the switching is based at least in part on a market factor comprising a future market price of energy or electricity; trading energy by at least one of buying power from and selling power to a power trading market; and utilizing power available from the power source, the storage subsystem, and the energy trading to fulfill contractual power service requirements. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20)
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Specification