Turbine controller for optimizing economic present value of the turbine
First Claim
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1. A turbine, comprising:
- a. a plurality of blades to capture natural energy;
b. a hub attached to the plurality of blades, the hub connected to a generator to convert the natural energy captured by the plurality of blades into electrical energy; and
c. a controller operatively connected to a processor that iteratively calculates a plurality of net present values of the turbine for a plurality of output levels, and for each iteration, determines a maximum net present value from the plurality of calculated net present values, identifies an output level associated with the maximum net present value, and commands the controller to operate the turbine at the output level associated with the maximum net present value, wherein each net present value for its respective output level is determined by a sum of a function over a period from 1 to N, wherein the function is calculated by a revenue (Ri) generated by the turbine at a given time period (i), and wherein N is the lifetime of the turbine, wherein Ri is determined by multiplying an energy production (EP) for the given time period (i) of the turbine by an energy sale rate at the given time period (i), wherein the energy production (EP) is calculated by multiplying a time for the given period by an energy generating capacity of the turbine and by a capacity factor.
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Abstract
A controller for optimizing the operation of a turbine to maximize the net present value of the revenue it generates over its lifetime. The controller calculates a plurality of net present values for a plurality of turbine output levels given certain input parameters such as power sale rate, power output level vs. fatigue damage accumulation, etc.; determines a maximum net present value from the plurality of output levels evaluated; and operates the turbine at the output level associated with the maximum net present value.
43 Citations
13 Claims
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1. A turbine, comprising:
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a. a plurality of blades to capture natural energy; b. a hub attached to the plurality of blades, the hub connected to a generator to convert the natural energy captured by the plurality of blades into electrical energy; and c. a controller operatively connected to a processor that iteratively calculates a plurality of net present values of the turbine for a plurality of output levels, and for each iteration, determines a maximum net present value from the plurality of calculated net present values, identifies an output level associated with the maximum net present value, and commands the controller to operate the turbine at the output level associated with the maximum net present value, wherein each net present value for its respective output level is determined by a sum of a function over a period from 1 to N, wherein the function is calculated by a revenue (Ri) generated by the turbine at a given time period (i), and wherein N is the lifetime of the turbine, wherein Ri is determined by multiplying an energy production (EP) for the given time period (i) of the turbine by an energy sale rate at the given time period (i), wherein the energy production (EP) is calculated by multiplying a time for the given period by an energy generating capacity of the turbine and by a capacity factor. - View Dependent Claims (2, 3)
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4. A controller for operating a turbine to maximize an economic present value of the turbine by extending a lifetime of the turbine, wherein the controller is configured to:
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a. calculate a plurality of net present values of the turbine for a plurality of output levels; b. determine a maximum net present value from the plurality of calculated net present values; c. identify an optimum output level corresponding with the maximum net present value; and d. operate the turbine at the optimum output level, whereby the economic present value is maximized, and the lifetime of the turbine is extended, e. wherein each net present value for its respective output level is determined by a total potential revenue of the turbine at its respective output level for its respective lifetime, f. wherein the total potential revenue is determined by calculating a potential revenue (Ri) at a given output level over a period of time (i) divided by a discount rate plus 1 raised to the i-th power, accumulated over the lifetime (N) at the respective output level, g. wherein Ri is determined by multiplying an energy production for the period of time of the turbine by an energy sale rate for the given period of time (i), h. wherein the energy production is calculated by multiplying a time for the period by an energy generating capacity of the turbine and by a net capacity factor, i. wherein the energy sale rate for a given year is determined by a contract, and j. wherein the energy sale rate for a given year after an expiration of the contract is calculated by taking a sum of an energy sale rate from an immediate prior year plus a product of the energy sale rate from the immediate prior year and an escalation rate, and k. wherein the net capacity factor is determined by a power curve and an availability of a natural energy resource. - View Dependent Claims (5)
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6. A controller for operating a turbine to maximize an economic present value of the turbine over a lifetime (N) of the turbine, wherein the controller is configured to:
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a. calculate a plurality of net present values of the turbine for a plurality of output levels; b. determine a maximum net present value from the plurality of calculated net present values; c. identify an output level associated with the maximum net present value; and d. operate the turbine at the output level associated with the maximum net present value, e. re-calculate the plurality of net present values of the turbine over the plurality of output levels to determine a new maximum net present value when any input parameter for calculating the plurality of net present values changes, f. adjust the output level of the turbine to correspond to the new maximum net present value, whereby the economic present value of the turbine is maximized, wherein each net present value for its respective output level is determined by a sum of a function over a period from 1 to N, wherein the function is calculated by a revenue (Ri) generated by the turbine at a given time period (i), wherein Ri is determined by multiplying an energy production (EP) for the given time period (i) of the turbine by an energy sale rate at the given time period (i), wherein the energy production (EP) is calculated by multiplying a time for the given period by an energy generating capacity of the turbine and by a capacity factor. - View Dependent Claims (7, 8, 9, 10, 11, 12, 13)
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Specification