Energy Cloud Exchange for Peak Demand and EEQ Allocation
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Solution Overview
Problem
Existing energy distribution systems face challenges in reducing peak demand and overall energy consumption, leading to high demand charges and consumption costs, with current technologies failing to effectively incentivize energy efficiency and demand management.
Innovation Solution
An energy cloud value allocation system (e-cloud) that facilitates and controls the exchange of energy equivalent quantities (EEQ) between suppliers and consumers, utilizing a combination of constant and variable energy supplies, including energy storage and demand-side management, to optimize energy distribution and reduce peak demand.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traditional energy distribution systems are used to meet peak demand, then energy supply reliability is improved, but demand charges and consumption costs increase significantly
Solution Approach 1:
The system performs preliminary action by storing energy equivalent quantities (EEQ) in advance during periods of low demand. The e-cloud accumulates EEQ from multiple suppliers before peak demand occurs, allowing the system to meet peak demand without proportionally increasing consumption charges, thus resolving the contradiction between supply reliability and cost control.
Solution Approach 2:
The e-cloud acts as an intermediary between EEQ suppliers and energy consumers. It facilitates the exchange of EEQ and energy, managing the distribution during peak and off-peak periods. This intermediary function allows the system to decouple peak demand from peak consumption, maintaining supply reliability while controlling costs through optimized EEQ allocation.
2Use of energy by moving object
If energy storage and demand-side management are implemented, then peak demand is reduced and costs are lowered, but system complexity increases
Solution Approach 1:
The e-cloud performs multiple functions within a single system framework: it stores EEQ, manages demand-side programs, facilitates exchanges between suppliers and consumers, and provides accounting services. This multi-functionality consolidates what would otherwise be separate complex systems into one unified platform, reducing overall system complexity while achieving peak demand reduction and cost savings.
Solution Approach 2:
The system enables self-service through automated EEQ accounting and exchange mechanisms. The e-cloud automatically matches EEQ contributions with energy demands, performs real-time accounting of energy credits and debits, and manages demand-response programs without requiring complex manual intervention. This automation reduces operational complexity while maintaining effective demand management.
Data Source
AI summary
A system for accounting for and allocating energy value amongst (i) energy equivalent quantity (EEQ) suppliers associated with supplier accounts and that contribute EEQ to a total energy supply and (ii) energy consumers associated with a consumer account and that issue energy demands for energy. An energy cloud value allocation system (e-cloud) facilitates and controls an exchange of EEQ and energy between the EEQ suppliers and the energy consumers. The e-cloud receives EEQ contributions from the EEQ suppliers and generates energy credits, where a value of each energy credit is based on the EEQ contribution. The e-cloud is also configured to receive energy demands from the energy consumers and to satisfy the energy demands by delivering energy and EEQ to the consumers. Finally, the e-cloud generates energy debits, where a value of each energy debit is based on the EEQ that is delivered to the energy consumer from the e-cloud in response to energy demands.