The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 10, 2023
Filed:
Aug. 01, 2016
Commonwealth Edison Company, Chicago, IL (US);
University of Denver, Denver, CO (US);
Shay Bahramirad, Oakbrook Terrace, IL (US);
Amin Khodaei, Denver, CO (US);
Commonwealth Edison Company, Chicago, IL (US);
University of Denver, Denver, CO (US);
Abstract
Methods and systems for evaluating economic viability of a proposed microgrid, including uncertain variables are disclosed. One or more candidate distributed energy resources can be selected for use within a proposed microgrid. An investment cost and an operation cost of the one or more candidate distributed energy resources can be determined. A cost of drawing power from a main power grid can be compared to a sum of the investment cost and the operation cost of the one or more candidate distributed energy resources. The proposed microgrid can be identified for installation when the sum of the investment cost and the operation cost is less than the cost of drawing power from the main power grid.