Foley & Lardner LLP
Building management system with electrical energy storage optimization based on statistical estimates of IBDR event probabilities
A central plant that generates and provides resources to a building. The central plant includes an electrical energy storage subplant configured to store electrical energy purchased from a utility and to discharge the stored electrical energy. The central plant includes a plurality of generator subplants that consume one or more input resources. The central plant includes a controller configured to determine, for each time step within a time horizon, an optimal allocation of the input resources and the output resources for each of the subplants in order to optimize a total monetary value of operating the central plant over the time horizon. The total monetary value includes revenue from participating in incentive-based demand response programs as well as costs associated with resource consumption, equipment degradation, and losses in battery capacity.
Johnson Controls Technology Company
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Kirk H. Robert D. Michael J.
Drees Turney Wenzel