Invention Grant
- Patent Title: Method and systems for predicting solar energy production
- Patent Title (中): 预测太阳能生产的方法和系统
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Application No.: US12459455Application Date: 2009-07-01
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Publication No.: US08280799B2Publication Date: 2012-10-02
- Inventor: James M. Bing
- Applicant: James M. Bing
- Applicant Address: US MA Littleton
- Assignee: New Virtus Engineering, Inc.
- Current Assignee: New Virtus Engineering, Inc.
- Current Assignee Address: US MA Littleton
- Agency: Hamilton, Brook, Smith & Reynolds, P.C.
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A method of anticipating a short-term future electrical energy demand of an energy trader's customers includes calculating a short-term future net electrical energy demand required to meet the demand of customer facilities which have a solar energy generating system or systems in a geographic region. The method further includes determining a resulting difference, expressed as a shortfall or surplus, between the short-term future net electrical energy demand and an amount of electrical energy purchased in long-term contracts for the supply of the customer facilities, and bargaining a buying price or a selling price for energy in a short-term future or day-ahead market based on the shortfall or surplus. A method for hedging energy sales or purchases in a short-term future or day-ahead market includes determining an historical performance of a regional net energy forecasting methodology for a facility or facilities which have solar energy generating systems in a geographical region. The method further includes estimating a difference between the maximum cost of energy in a spot market and an energy trader's minimum price of energy for each hour bid in the short-term future or day-ahead market, determining a risk factor associated with energy sales or purchases from the historical performance and the estimated difference, and purchasing or selling options to buy energy at the previous day's day-ahead market price based on the determined risk factor.
Public/Granted literature
- US20100017341A1 Method and systems for predicting solar energy production Public/Granted day:2010-01-21
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