Global Patent Index - EP 1509825 A4

EP 1509825 A4 20060906 - VALUING AND OPTIMIZING SCHEDULING OF GENERATION ASSETS

Title (en)

VALUING AND OPTIMIZING SCHEDULING OF GENERATION ASSETS

Title (de)

VALUIERUNG UND OPTIMIERUNG DER EINTEILUNG VON GENERATIONSKAPITAL

Title (fr)

EVALUATION ET OPTIMISATION DES PREVISIONS EN MATIERE D'EQUIPEMENTS DE PRODUCTIONS D'ENERGIE

Publication

EP 1509825 A4 20060906 (EN)

Application

EP 03747567 A 20030319

Priority

  • US 0308367 W 20030319
  • US 37770902 P 20020503
  • US 33654103 A 20030102
  • US 33654203 A 20030102

Abstract (en)

[origin: WO03094414A2] The present invention provides methods and systems for determining anticipated profit from facilities such as electrical power generation facilities, for determining values for assets based on profitability of facilities, and for determining optimal operational scheduling options for facilities. Methods and systems are provided which utilize a dynamic programming algorithm and a decision tree based model in which one or more operating constraints are implicitly modeled, facilitating computational tractability. Additionally, methods and systems are provided that utilize a dynamic programming algorithm and a decision tree based model that . accounts for a combined effect of price paths with specified uncertainty as well as operational constraints. Furthermore, methods and systems are provided that address profitability, valuation, and scheduling in relation to a group, or portfolio, of facilities, accounting for liquidity factors as well as group, or global, constraints.

IPC 1-7

G05D 11/00

IPC 8 full level

G06Q 10/00 (2006.01); H02J 3/00 (2006.01)

CPC (source: EP US)

G06Q 10/06 (2013.01 - EP); H02J 3/004 (2020.01 - EP); H02J 3/008 (2013.01 - EP US); Y02E 40/70 (2013.01 - EP); Y04S 10/50 (2013.01 - EP); Y04S 50/10 (2013.01 - EP)

Citation (search report)

  • [X] US 6021402 A 20000201 - TAKRITI SAMER [US]
  • [X] US 6223101 B1 20010424 - SAKAMOTO YOSHIYUKI [JP], et al
  • [X] US 6185483 B1 20010206 - DREES KIRK H [US]
  • [AD] ROGER BJORGAN ET AL: "Financial Risk Management in a Competitive Electricity Market", IEEE TRANSACTIONS ON POWER SYSTEMS, IEEE SERVICE CENTER, PISCATAWAY, NJ, US, vol. 14, no. 4, November 1999 (1999-11-01), pages 1285 - 1291, XP011089520, ISSN: 0885-8950
  • See references of WO 03094414A2

Designated contracting state (EPC)

AT BE BG CH CY CZ DE DK EE ES FI FR GB GR HU IE IT LI LU MC NL PT RO SE SI SK TR

DOCDB simple family (publication)

WO 03094414 A2 20031113; WO 03094414 A3 20040617; AU 2003225856 A1 20031117; AU 2003225856 A8 20031117; EP 1509825 A2 20050302; EP 1509825 A4 20060906

DOCDB simple family (application)

US 0308367 W 20030319; AU 2003225856 A 20030319; EP 03747567 A 20030319