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Facilitating revenue generation from wholesale electricity markets based on a self-tuning energy asset model

  • US 9,367,825 B2
  • Filed: 05/06/2013
  • Issued: 06/14/2016
  • Est. Priority Date: 10/23/2009
  • Status: Active Grant
First Claim
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1. An apparatus for generating operation parameters and/or operating schedules for at least one building asset, the apparatus comprising:

  • at least one communication interface;

    at least one memory to store processor-executable instructions and a day-ahead building asset model; and

    at least one processing unit communicatively coupled to the at least one communication interface and the at least one memory, wherein, upon execution of the processor-executable instructions, the at least one processing unit;

    A) determines the day-ahead building asset model;

    wherein the day-ahead building asset model is a dynamic self-tuning energy asset model that comprises a computation of thermodynamics properties of the at least one building asset;

    wherein the dynamic self-tuning energy asset model adapts itself to the conditions, including physical characteristics, of the at least one building asset; and

    wherein the dynamic self-tuning energy asset model is predictive of energy consumption of the at least one building asset as a function of time; and

    B) computes the operation parameters and/or operating schedules for at least one building asset using the day-ahead building asset model and variations in the forecast wholesale electricity price of electric energy usage in the wholesale market during a defined time period; and

    C) controls the at least one communication interface to transmit to the energy customer the determined operation parameters and/or operating schedules;

    wherein the day-ahead building asset model is used to generate operation parameters and operating schedules for at least one building asset based at least in part on at least one operation characteristic of the building asset; and

    wherein input to the day-ahead building asset model includes at least one operation characteristic of the at least one building asset.

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