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Energy Financial Settlements

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Patent US10261536


Issued 2019-04-16

Systems And Methods For Optimizing Microgrid Power Generation And Management With Predictive Modeling

Systems and methods for coordinating selective activation of at least one power generation equipment component and/or at least one power storage device over a predetermined geographic area for distribution and/or storage, and/or for sale and distribution in a utility grid.



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3 Independent Claims

  • 1. A method for optimizing distributed power generation and management, comprising: providing a microgrid including at least one power generation equipment component for generating electrical power located at predetermined, distributed locations for providing power supply for use within the microgrid; providing a Price Resource Management System (PRMS) coupled with the at least one power generation equipment component; the PRMS providing predictive modeling of a real-time wholesale energy market price; the PRMS storing, monitoring and analyzing the real-time wholesale energy market price based on the predictive modeling for optimized power generation timing, management, storage, and/or distribution to the microgrid and/or a utility grid; at least one server computer automatically generating event instructions to a controllable device based on the predictive modeling of the real-time wholesale energy market price; and the controllable device automatically releasing and selling electrical power to the utility grid for distribution when the real-time wholesale energy market price is at least at a predetermined threshold.

  • 11. A method for optimized power generation and management, comprising: providing a microgrid including at least one power generation equipment component for generating electrical power located at predetermined, distributed locations for providing power supply for use within the microgrid; providing a Price Resource Management System (PRMS) coupled with the at least one power generation equipment component, the PRMS providing predictive modeling; storing, monitoring and analyzing a real-time wholesale energy market price for use with the predictive modeling for optimized power generation timing, management, storage, and/or distribution to a power grid; an analyzing device storing and analyzing the real-time wholesale energy market price with the predictive modeling; at least one server computer monitoring and being responsive to the real-time wholesale energy market price fluctuation analysis for use with the predictive modeling; the at least one server computer automatically generating event instructions to at least one controllable device based on the predictive modeling of the real-time wholesale energy market price for automatically releasing electrical power to the power grid for distribution when the real-time wholesale energy market price is at least at a predetermined threshold; a device interface facilitating and producing communication of power releasing instructions to at least one controllable device associated with the at least one power generation equipment component; and the at least one controllable device automatically selectively activating the at least one power generation equipment component to produce electricity for distribution over the power grid and/or for storage until later distribution.

  • 12. A system for microgrid distributed power generation and management, comprising: at least one power storage device located at predetermined, distributed locations for providing power supply for use within a microgrid; at least one controllable device coupled with the at least one power storage device; a Price Resource Management System (PRMS) connected to the at least one power power storage device, and operable for storing, monitoring and analyzing the real-time wholesale energy market price for use with a predictive modeling for optimized power generation timing, management, storage, and distribution to a microgrid; an analyzing device for storing and analyzing real-time wholesale energy market price, and on a per power storage device basis, data indicative of the electricity remaining in the power storage device; at least one server computer for monitoring and being responsive to the real-time wholesale energy market price fluctuation analysis analyzed for use with the predictive modeling, and operable for automatically generating event instructions to at least one controllable device based on the predictive modeling of the real-time wholesale energy market price for automatically releasing electrical power to the microgrid from the at least one storage device when the real-time wholesale energy market price is at least at a predetermined threshold; a device interface for facilitating and producing communication of power releasing instructions to the at least one controllable device; wherein the at least one controllable device is operable for automatically selectively enabling and disabling the flow of electric power from the at least one power storage device to a microgrid; and selectively activating the at least one power storage device to release electricity for the microgrid; wherein the at least one power storage device is remotely, selectively, and automatically activatable when the real-time wholesale energy market price is at the predetermined threshold.