Method for managing centralized power generation with the aid of a digital computer
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United States of America Patent
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Mar 15, 2016
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Jul 5, 2013
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Jul 5, 2013
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Abstract
Value of solar (VOS) analysis begins with the observation that photovoltaic power production represents a unique form of energy resource that is indifferent to demand and price signals. Accurate VOS assessment requires consideration of technical and economic components. The technical analysis predicts future central power generation requirements, as reflected by estimated customer demand, using an energy balance approach. A customer demand forecasting equation with three unknown values, distributed photovoltaic power production, centralized power generation, and losses associated with the centralized power generation, is solved by applying key rational assumptions in combination with historical data of centralized power generation and distributed photovoltaic power production. The solution to the demand equation is then provided with economic data, such as avoided fuel cost, avoided plant operations and maintenance cost, avoided generation capacity cost, avoided reserve capacity cost, avoided transmission and distribution capacity cost, fuel price guarantee value, and avoided environmental cost.
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