Cold part load and peak fire opportunities
AssigneeGeneral Electric Company
InventorsJonathan Carl Thatcher, Marc Gavin Lindenmuth, Frederick Block
Life of this patent
Estimating the term…
Abstract
An architecture and techniques for determining operation of energy-producing equipment that can increase profitability are presented. Such can be surfaced in easily understood financial market paradigms that reflect relatively complex physical models associated with the equipment. For example, buy data and sell data can be presented that reflect determined buy opportunities and determined sell opportunities. The buy opportunities can represent conditions in which it is advised to operate the equipment according to a cold part load protocol and the sell opportunities can represent conditions in which it is advised to operate the equipment according to a peak fire protocol.
Claims20
A system, comprising:
- a memory that stores computer executable components;
- a processor that executes computer executable components stored in the memory, wherein the computer executable components comprise:
- a user interface component that receives a first portion of input data comprising profit margin data that represents a threshold profit margin;
- a data component that receives a second portion of input data comprising period data that represents a defined period of time and market data representing prices for energy over the defined period of time;
- and
- a pricing component that determines buy data and sell data based on the market data and the profit margin data, wherein the buy data represents a first price of energy below which it is advised to operate equipment of an energy production facility according to a first protocol that is determined to reduce wear on the equipment relative to nominal operation, and wherein the sell data represents a second price of energy above which it is advised to operate the equipment according to a second protocol that is determined to increase wear on the equipment relative to the nominal operation.
A method, comprising:
- based on input data comprising maintenance data indicative of a date equipment of an energy production device is scheduled to be serviced, determining, by a device comprising a processor, market data representing prices for energy over a defined period that corresponds to the maintenance data;
- and
- based on the market data, determining, by the device, buy data and sell data, wherein the determining the buy data comprises determining a first price of energy below which operation of the equipment is advised to be according to a first protocol that is determined to reduce wear on the equipment, and wherein the determining the sell data comprises determining a second price of energy above which operation of the equipment is advised to be according to a second protocol that is determined to increase wear on the equipment.
A computer-readable medium, comprising executable instructions that, when executed by a processor, facilitate performance of operations, comprising:
- determining market data representing prices for energy over a defined period;
- determining buy data based on the market data, wherein the buy data represents a first price of energy below which it is advised to operate equipment of an energy production facility according to a first protocol that is configured to reduce wear on the equipment;
- determining sell data based on the market data, wherein the sell data represents a second price of energy above which it is advised to operate the equipment according to a second protocol that is configured to increase wear on the equipment;
- and
- facilitating presentation of the buy data and the sell data via a user interface device.
Dependencies are inferred from the claim text.