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US7039575B2 Expired / Lapsed US ⏱️ 0.0 years remaining

Methods and systems for the evaluation of power generating facilities

Assignee: GE Capital Services Structured Finance Group Inc
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Filing: 2001-04-12
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Granted: 2006-05-02
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Expires: 2021-04-12
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Abstract

Abstract A network-based method for facilitating a selection of at least one power generating facility, using a network-based system including a server and at least one device connected to the server via a network is disclosed. The method includes identifying assumptions to evaluate a power generating facility, receiving power plant facility information, and computing performance metrics of the facility based on received information and the identified assumptions. Other embodiments of the invention utilize a System, a Computer Program, an Apparatus, or a Computer for determining a value for one or more power generating facilities based on pre-determined assumptions that are developed from historical experience.

Inventors

  • 👤 Mark Anthony Juneau

Bibliographic Details

Application Number —
Jurisdiction US
Data Source google_patents
Last Synchronized 2026-10-27 18:06
CPC Classifications
G; G06; G06Q; G06Q10/00; G06Q10/08; G06Q10/087; G06Q50/00; G06Q50/06; G06Q10/0874; G06Q10/08744; Y; Y04; Y04S; Y04S10/00; Y04S10/50

Claims Analysis

Total Claims: 70
Claim 1
Independent Claim 171 words
A method for recommending a power generating facility to a business entity interested in acquiring a power generating facility, using a network-based system including a server system coupled to a centralized database and at least one client system, the business entity having operational and financial objectives, said method comprising the steps of: identifying a plurality of power generating facilities for potential acquisition, storing in the database information relating to the plurality of power generating facilities, the information including historical operational data and predicted future operational data; computing performance metrics for each power generating facility based on the historical operational data and the predicted future operational data; analyzing investment risks associated with acquiring each of the power generating facilities based on the performance metrics; performing a financial comparison of each of the power generating facilities based on at least one of the performance metrics and the identified investment risks; and recommending to the business entity a power generating facility that most closely satisfies the operational and financial objectives of the business entity.
Claim 2
Independent Claim 171 words
A method for recommending a power generating facility to a business entity interested in acquiring a power generating facility, using a network-based system including a server system coupled to a centralized database and at least one client system, the business entity having operational and financial objectives, said method comprising the steps of: identifying a plurality of power generating facilities for potential acquisition, storing in the database information relating to the plurality of power generating facilities, the information including historical operational data and predicted future operational data; computing performance metrics for each power generating facility based on the historical operational data and the predicted future operational data; analyzing investment risks associated with acquiring each of the power generating facilities based on the performance metrics; performing a financial comparison of each of the power generating facilities based on at least one of the performance metrics and the identified investment risks; and recommending to the business entity a power generating facility that most closely satisfies the operational and financial objectives of the business entity.
Claim 3
Dependent Claim 25 words
A method according to claim 1 wherein said step of storing in the database information further comprises the step of submitting information for multiple units.
Claim 4
Dependent Claim 66 words
A method according to claim 2 wherein said step of submitting information for multiple units further comprises the step of inputting at least one of a unit gross capacity, a number of hours that the unit has operated since the Commercial Operation (CO) date, a number of hours that the unit will be available for operation, and an anticipated load that the unit will be dispatched.
Claim 5
Dependent Claim 45 words
A method according to claim 2 wherein said step of submitting information for multiple units further comprises the step of inputting at least one of a Unit Gross Output, a House Load, Existing Operational Hours, a Percentage of Available Hours Dispatched, and a Dispatched Load.
Claim 6
Dependent Claim 37 words
A method according to claim 2 wherein said step of submitting information for multiple units further comprises the step of inputting at least one of a Fuels Information, a Cycle, Feed Water Temperature, and a Stack Temperature.
Claim 7
Dependent Claim 60 words
A method according to claim 2 wherein said step of submitting information for multiple units further comprises the step of inputting Facility Equipment Information by selecting at least one of a Flyash Control Equipment, a SO 2 Control Equipment, a Mercury Control Equipment, and a NOx Control Equipment to reflect the actual condition of the facility that is being evaluated.
Claim 8
Dependent Claim 46 words
A method according to claim 6 wherein said step of inputting Facility Equipment Information further comprises the step of retrieving at least one of an initial capital cost, a maintenance cost, labor cost, cost of consumables and internal power consumption cost information from the centralized database.
Claim 9
Dependent Claim 62 words
A method according to claim 2 wherein said step of submitting information for multiple units further comprises the steps of: selecting a fuel type out of at least one of a coal and natural gas; inputting coal pricing information by inputting an actual cost of at least one of a fuel type selected; and inputting transportation costs associated with the fuel selected.
Claim 10
Dependent Claim 25 words
A method according to claim 1 wherein said step of computing performance metrics further comprises the step of computing operational parameters at various load conditions.
Claim 11
Dependent Claim 76 words
A method according to claim 9 wherein said step of computing operational parameters at various load conditions further comprises the step of computing at least one of fuel consumption, Heat Losses, Gross Heat Rate per Hour, Net Heat Rate per Hour, Heat Losses, Efficiency of the Unit, Gross Heat Fired in million BTU per hour, Super Heater Flow, Re-Heater Flow, Heat Input, Equivalent Output, Reheat To Superheat Ratio, and other performance metrics at various load conditions.
Claim 12
Dependent Claim 23 words
A method according to claim 1 wherein said step of computing performance metrics further comprises the step of predicting fuel and consumable consumption.
Claim 13
Dependent Claim 30 words
A method according to claim 1 wherein said step of computing performance metrics further comprises the step of verifying the actual performance of the units at a specific load condition.
Claim 14
Dependent Claim 29 words
A method according to claim 1 wherein said step of computing performance metrics further comprises the step of calculating the approximate dimensions of the boilers' furnace for operational considerations.
Claim 15
Dependent Claim 172 words
A computer program embodied on a computer readable medium for managing evaluation and selection of a power plant out of a plurality of power plants for a business entity interested in acquiring at least one power plant, the business entity having operational and financial objectives, said computer program comprising a code segment that: receives facility information including historical operational data and predicted future operational data for each of the plurality of power plants; maintains a database by adding, deleting and updating facility information for each power plant; computes performance metrics for each power plant using the historical operational data and the predicted future operational data; analyzes investment risks associated with acquiring each of the power plants based on the performance metrics: performs a financial comparison of each of the power plants based on at least one of the performance metrics and the investment risks; and generates management reports based on the received facility information; including recommending a power plant that most closely satisfies the operational and financial objectives of the business entity.
Claim 16
Dependent Claim 172 words
A computer program embodied on a computer readable medium for managing evaluation and selection of a power plant out of a plurality of power plants for a business entity interested in acquiring at least one power plant, the business entity having operational and financial objectives, said computer program comprising a code segment that: receives facility information including historical operational data and predicted future operational data for each of the plurality of power plants; maintains a database by adding, deleting and updating facility information for each power plant; computes performance metrics for each power plant using the historical operational data and the predicted future operational data; analyzes investment risks associated with acquiring each of the power plants based on the performance metrics: performs a financial comparison of each of the power plants based on at least one of the performance metrics and the investment risks; and generates management reports based on the received facility information; including recommending a power plant that most closely satisfies the operational and financial objectives of the business entity.
Claim 17
Dependent Claim 30 words
The computer program as recited in claim 14 further includes a code segment that provides online help to the user by downloading a user manual on to a client device.
Claim 18
Dependent Claim 59 words
The computer program as recited in claim 14 further includes a code segment that receives at least one of a unit gross capacity, number of hours that the unit has operated since the Commercial Operation (CO) date, the number of hours that the unit will be available for operation, and the anticipated load that the unit will be dispatched.
Claim 19
Dependent Claim 91 words
The computer program as recited in claim 16 further includes: a code segment that receives at least one of a Unit Gross Output, a House Load, Existing Operational Hours, Percentage of Available Hours Dispatched, a Dispatched Load, Fuels Information, a Cycle, Feed Water Temperature, and Stack Temperature; and a code segment that receives Facility Equipment Information by selecting at least one of a Flyash Control Equipment, a SO2 Control Equipment, a Mercury Control Equipment, and a NOx Control Equipment to reflect the actual condition of the facility that is being evaluated.
Claim 20
Dependent Claim 44 words
The computer program as recited in claim 17 further includes a code segment that receives at least one of an initial capital cost, a maintenance cost, a labor cost, a cost of consumables, and an internal power consumption cost information from the centralized database.
Claim 21
Dependent Claim 112 words
The computer program as recited in claim 14 further includes a code segment that generates at least one of an Operations Cost Summary Report, a General Information Report, a Capital Costs Summary Report, an Annual Maintenance Costs Report, a Major Maintenance Summary Report, a Fees and Services Report, a Direct Material Report, an Equipment, Rental & Spares Report, a Fuels Report, a Coal Offset Report, an O & M Labor, Purchased Power & Fuel Calculations Report, a Steam Correction Factor Report, a Turbine Generator Report, a Dispatch Information Report, an Annual Summary of Key Information to Analyze Potential Investment Report, a CO 2 Tax Calculations Report, and an Operational Cost Summary Report.
Claim 22
Dependent Claim 136 words
A computer program embodied on a computer readable medium for managing evaluations of power generating facilities using a server system coupled to a centralized database and at least one client system, said computer program comprising: a code segment that receives facility information from a user, facility information includes historical operational data and predicted future operational data for each of the power generating facilities; a code segment that stores the facility information into the centralized database and cross-references the facility information for each of the power generating facilities against an unique identifier; a code segment that analyzes each of the power generating facilities based on facility information and pre-selected criteria stored in the server system in response to an inquiry by the user; and a code segment that recommends a specific power generating facility for investment purposes.
Claim 23
Dependent Claim 136 words
A computer program embodied on a computer readable medium for managing evaluations of power generating facilities using a server system coupled to a centralized database and at least one client system, said computer program comprising: a code segment that receives facility information from a user, facility information includes historical operational data and predicted future operational data for each of the power generating facilities; a code segment that stores the facility information into the centralized database and cross-references the facility information for each of the power generating facilities against an unique identifier; a code segment that analyzes each of the power generating facilities based on facility information and pre-selected criteria stored in the server system in response to an inquiry by the user; and a code segment that recommends a specific power generating facility for investment purposes.
Claim 24
Dependent Claim 40 words
The computer program as recited in claim 20 wherein the server system and the client system are connected via a network, the network is a wide area network operable using a protocol including at least one of TCP/IP and IPX.
Claim 25
Dependent Claim 21 words
The computer program as recited in claim 20 wherein the data is received from the user via a graphical user interface.
Claim 26
Dependent Claim 23 words
The computer program as recited in claim 20 further includes a code segment that prioritizes facilities based on pre-stored assumptions in the database.
Claim 27
Dependent Claim 24 words
The computer program as recited in claim 20 includes a code segment that displays information through an HTML document downloaded by the server system.
Claim 28
Dependent Claim 54 words
The computer program as recited in claim 20 further comprising: a code segment that accesses the centralized database; a code segment that searches the database regarding the specific inquiry; a code segment that retrieves information from the database; and a code segment that causes the retrieved information to be displayed on the client system.
Claim 29
Dependent Claim 41 words
The computer program as recited in claim 20 wherein the client system and the server system are connected via a network and wherein the network is one of a wide area network, a local area network, an intranet and the Internet.
Claim 30
Dependent Claim 28 words
The computer program as recited in claim 20 , and further comprising a code segment that monitors the security of the system by restricting access to unauthorized individuals.
Claim 31
Dependent Claim 175 words
Apparatus for recommending at least one power generating facility from a plurality of power generating facilities to a business entity interested in acquiring a power generating facility, said apparatus comprising: means for prompting a user to enter power generating facility information for the plurality of power generating facilities, the facility information including historical operational data for each of the power generating facilities; means for predicting future operational data for each of the power generating facilities based on the historical operational data of the corresponding power generating facility; means for calculating performance metrics for each of the power generating facilities using the historical operational data and the predicted future operational data of the corresponding power generating facility; means for identifying investment risks associated with acquiring each of the power generating facilities based on the performance metrics of the corresponding power generating facility; and means for analyzing each of the power generating facilities based on the performance metrics and the identified investment risks to recommend a power generating facility out of the plurality of power generating facilities.
Claim 32
Dependent Claim 175 words
Apparatus for recommending at least one power generating facility from a plurality of power generating facilities to a business entity interested in acquiring a power generating facility, said apparatus comprising: means for prompting a user to enter power generating facility information for the plurality of power generating facilities, the facility information including historical operational data for each of the power generating facilities; means for predicting future operational data for each of the power generating facilities based on the historical operational data of the corresponding power generating facility; means for calculating performance metrics for each of the power generating facilities using the historical operational data and the predicted future operational data of the corresponding power generating facility; means for identifying investment risks associated with acquiring each of the power generating facilities based on the performance metrics of the corresponding power generating facility; and means for analyzing each of the power generating facilities based on the performance metrics and the identified investment risks to recommend a power generating facility out of the plurality of power generating facilities.
Claim 33
Dependent Claim 24 words
Apparatus according to claim 28 wherein said means for prompting a user to enter power generating facility information further comprises means for storing information.
Claim 34
Dependent Claim 61 words
Apparatus according to claim 28 wherein said means for analyzing each of the power generating facilities further comprises means for: tracking facility information on a real time basis; storing facility information on a real time basis; and updating the centralized database with revised facility information on a real time basis to provide up-to-date information instantaneously to the user upon a request.
Claim 35
Dependent Claim 38 words
Apparatus according to claim 28 wherein said means for analyzing each of the power generating facilities further comprises means for analyzing based on a pre-defined model and assumptions developed from the past experience and stored in the database.
Claim 36
Dependent Claim 16 words
Apparatus according to claim 28 further comprising means to generate a report of the facility analysis.
Claim 37
Dependent Claim 15 words
Apparatus according to claim 28 further comprising means for reviewing strategic model and financial assumptions.
Claim 38
Dependent Claim 24 words
Apparatus according to claim 28 wherein said means for analyzing each of the facilities further comprises means for determining impact on return on investment.
Claim 39
Dependent Claim 43 words
Apparatus according to claim 28 wherein said means for analyzing each of the facilities further comprises means for establishing various trigger levels that identify risk of the investment as at least one of a medium risk, a low risk and a high risk.
Claim 40
Dependent Claim 21 words
Apparatus according to claim 35 wherein said means for analyzing each of the facilities further comprises means for revalidating trigger levels.
Claim 41
Dependent Claim 195 words
A web-based system for selecting a power generating facility from a plurality of power generating facilities by a business entity interested in acquiring a power generating facility and utilizing a strategic decision model, the business entity having operational and financial objectives, said system comprising: a client system comprising a browser; a data storage device for storing information relating to the plurality of power generating facilities, the information includes historical operational data and predicted future operational data for each of the power generating facilities; a server system configured to be coupled to said client system and said database, said server system further configured to: receive facility information for each of the power generating facilities; allocate operating expenses for each of the power generating facilities based on the historical operational data and the predicted future operational data for each of the facilities; calculate a facility cost and an associated return on investment for each of the power generating facilities; provide various management reports that provide operational details for each of the power generating facilities; and recommend a power generating facility from the plurality of power generating facilities satisfying the operational and financial objectives of the business entity.
Claim 42
Dependent Claim 195 words
A web-based system for selecting a power generating facility from a plurality of power generating facilities by a business entity interested in acquiring a power generating facility and utilizing a strategic decision model, the business entity having operational and financial objectives, said system comprising: a client system comprising a browser; a data storage device for storing information relating to the plurality of power generating facilities, the information includes historical operational data and predicted future operational data for each of the power generating facilities; a server system configured to be coupled to said client system and said database, said server system further configured to: receive facility information for each of the power generating facilities; allocate operating expenses for each of the power generating facilities based on the historical operational data and the predicted future operational data for each of the facilities; calculate a facility cost and an associated return on investment for each of the power generating facilities; provide various management reports that provide operational details for each of the power generating facilities; and recommend a power generating facility from the plurality of power generating facilities satisfying the operational and financial objectives of the business entity.
Claim 43
Dependent Claim 167 words
A system according to claim 37 wherein said server system further configured to: receive at least one of at least one of a unit gross capacity, number of hours that the unit has operated since the Commercial Operation (CO) date, the number of hours that the unit will be available for operation, and the anticipated load that the unit will be dispatched; receive at least one of a Unit Gross Output, a House Load, Existing Operational Hours, a Percentage of Available Hours Dispatched, a Dispatched Load, Fuels Information, a Cycle, a Feed Water Temperature, and a Stack Temperature; receive Facility Equipment Information by selecting at least one of a Flyash Control Equipment, a SO 2 Control Equipment, a Mercury Control Equipment, and a NOx Control Equipment to reflect the actual condition of the facility that is being evaluated; and receive at least one of an initial capital cost, a maintenance cost, a labor cost, cost of consumables and internal power consumption cost information from the centralized database.
Claim 44
Dependent Claim 16 words
A system according to claim 37 wherein said server system further configured to store facility information.
Claim 45
Dependent Claim 55 words
A system according to claim 37 wherein said server system further configured to: track facility information on a real time basis; store facility information on a real time basis; and update the centralized database with revised facility information on a real time basis to provide up-to date information instantaneously to the user upon a request.
Claim 46
Dependent Claim 37 words
A system according to claim 40 wherein said server system further configured to update the database by at least one of adding new information, deleting the current information and editing the current information stored in the database.
Claim 47
Dependent Claim 24 words
A system according to claim 40 wherein said server system further configured to update the database instantaneously by accepting the facility information entered on-line.
Claim 48
Dependent Claim 39 words
A system according to claim 40 wherein said server system further configured to update the database instantaneously by accepting the facility information at least through one of a voice activation command and a device connected to the client system.
Claim 49
Dependent Claim 33 words
A system according to claim 37 wherein said server system further configured to: download requested information from a server system; and display requested information on a client system in response to the inquiry.
Claim 50
Dependent Claim 20 words
A system according to claim 37 wherein said server system further configured to print requested information in a pre-determined format.
Claim 51
Dependent Claim 22 words
A system according to claim 45 wherein said server system further configured to display an HTML document downloaded by the server system.
Claim 52
Dependent Claim 112 words
A system according to claim 45 wherein said server system further configured to print at least one of an Operations Cost Summary Report, a General Information Report, a Capital Costs Summary Report, an Annual Maintenance Costs Report, a Major Maintenance Summary Report, a Fees and Services Report, a Direct Material Report, an Equipment, Rental & Spares Report, a Fuels Report, a Coal Offset Report, an O & M Labor, a Purchased Power & Fuel Calculations Report, a Steam Correction Factor Report, a Turbine Generator Report, a Dispatch Information Report, an Annual Summary of Key Information to Analyze Potential Investment Report, a CO 2 Tax Calculations Report, and an Operational Cost Summary Report.
Claim 53
Dependent Claim 36 words
A system according to claim 37 wherein said server system further configured to: determine at least one of a desired facility out of all available power generating facilities; and print relevant information regarding the desired facility.
Claim 54
Dependent Claim 39 words
The system according to claim 37 wherein the client system and the server system are connected via a network and wherein the network is one of a wide area network, a local area network, an intranet and the Internet.
Claim 55
Dependent Claim 45 words
A system according to claim 37 wherein said client system is further configured with: a displaying component; and a sending component to send an inquiry to the server system so that the server system can process and download the requested information to the client system.
Claim 56
Dependent Claim 20 words
A system according to claim 50 wherein the sending component functions in response to a click of a mouse button.
Claim 57
Dependent Claim 17 words
A system according to claim 50 wherein the sending component functions in response to a voice command.
Claim 58
Dependent Claim 20 words
The client system of claim 37 wherein said system is further configured to be protected from access by unauthorized individuals.
Claim 59
Dependent Claim 85 words
A system according to claim 37 wherein said server system is further configured with a displaying component for displaying various user interfaces to the user, a receiving component for receiving an inquiry to provide information from one of a plurality of users, a collection component for collecting information from users into the centralized database, a tracking component for tracking information on an on-going basis, and an accessing component for accessing the centralized database and causing the retrieved information to be displayed on the client system.
Claim 60
Dependent Claim 37 words
A system according to claim 54 wherein said server system further configured with a processing component for searching and processing received inquiries against the data storage device containing a variety of information collected by the collection component.
Claim 61
Dependent Claim 24 words
A system according to claim 55 wherein said server system further configured with a retrieving component to retrieve information from the data storage device.
Claim 62
Dependent Claim 47 words
A system according to claim 56 wherein said server system further configured with an information fulfillment component that downloads the requested information after retrieving from the data storage device to the plurality of users in the order in which the requests were received by the receiving component.
Claim 63
Dependent Claim 26 words
A system according to claim 37 wherein said server system further configured to receive input directly from a plurality of individuals and update the centralized database.
Claim 64
Dependent Claim 171 words
A computer to facilitate an online strategic decision making process to select a power generating facility from a plurality of power generating facilities by a business entity for acquisition purposes, the business entity having acquisition objectives, said computer coupled to a centralized database and programmed to: receive a power generating facility information into a centralized database, the power generating facility information includes historical operational data and predicted future operational data for each of the plurality of power generating facilities; store the power generating facility information into various sub-sections of the centralized database to create a facility profile and cross-reference the facility profile against a unique identifier for easy retrieval and update; identify a subset of power generating facilities from the plurality of power generating facilities; evaluate each facility included within the identified subset using pre-determined values stored in the centralized database and the corresponding power generating facility information; and generate reports identifying a power generating facility from the subset of power generating facilities satisfying the acquisition objectives of the business entity.
Claim 65
Dependent Claim 171 words
A computer to facilitate an online strategic decision making process to select a power generating facility from a plurality of power generating facilities by a business entity for acquisition purposes, the business entity having acquisition objectives, said computer coupled to a centralized database and programmed to: receive a power generating facility information into a centralized database, the power generating facility information includes historical operational data and predicted future operational data for each of the plurality of power generating facilities; store the power generating facility information into various sub-sections of the centralized database to create a facility profile and cross-reference the facility profile against a unique identifier for easy retrieval and update; identify a subset of power generating facilities from the plurality of power generating facilities; evaluate each facility included within the identified subset using pre-determined values stored in the centralized database and the corresponding power generating facility information; and generate reports identifying a power generating facility from the subset of power generating facilities satisfying the acquisition objectives of the business entity.
Claim 66
Dependent Claim 20 words
The computer according to claim 59 further programmed to provide a notification to users via electronic mail regarding final decision.
Claim 67
Dependent Claim 26 words
The computer according to claim 59 further programmed to provide a detail history of the facility, current operating expenses, and planned projections including return on investment.
Claim 68
Dependent Claim 20 words
The computer according to claim 59 further programmed to search various facilities from the centralized database based on pre-determined criteria.
Claim 69
Dependent Claim 19 words
The computer according to claim 59 further programmed to add facilities and other related information to the centralized database.
Claim 70
Dependent Claim 31 words
The computer according to claim 59 further programmed to provide flexibility to an administrator to make changes to the centralized database by at least one of adding, modifying and deleting information.

USPTO Annuity & Maintenance Windows

Annuity Stage Window Opens Payment Deadline Surcharge Period Until Estimated Fee Status
3.5 Years (Year 4) 2009-05-01 2009-10-31 2010-05-02 $2000.00 Window Closed / Lapsed
7.5 Years (Year 8) 2013-05-01 2013-10-31 2014-05-02 $3760.00 Window Closed / Lapsed
11.5 Years (Year 12) 2017-05-01 2017-10-31 2018-05-02 $7700.00 Window Closed / Lapsed

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