JAMES M BING
Electrician in West Concord, MA
License number
Massachusetts 40988
Issued Date
Mar 23, 1999
Expiration Date
Jun 30, 2018
Type
Electrical Engineer
Address
Address
West Concord, MA 01742
Personal information
See more information about JAMES M BING at radaris.comName
Address
Phone
48 Havelock St #2, Dorchestr Ctr, MA 02124
48 Havelock St, Dorchester Center, MA 02124
367 Thoreau St, Concord, MA 01742
86 Juniper Rd, Belmont, MA 02478
PO Box 4515, Springfield, MA 01101
Professional information
See more information about JAMES M BING at trustoria.com
Method And Systems For Predicting Solar Energy Production
Method And Systems For Predicting Solar Energy Production
US Patent:
8280799, Oct 2, 2012
Filed:
Jul 1, 2009
Appl. No.:
12/459455
Inventors:
James M. Bing - Concord MA, US
Assignee:
New Virtus Engineering, Inc. - Littleton MA
International Classification:
G06Q 40/00
US Classification:
705 37, 705 35, 705 36 R
Abstract:
A method of anticipating a short-term future electrical energy demand of an energy trader's customers includes calculating a short-term future net electrical energy demand required to meet the demand of customer facilities which have a solar energy generating system or systems in a geographic region. The method further includes determining a resulting difference, expressed as a shortfall or surplus, between the short-term future net electrical energy demand and an amount of electrical energy purchased in long-term contracts for the supply of the customer facilities, and bargaining a buying price or a selling price for energy in a short-term future or day-ahead market based on the shortfall or surplus. A method for hedging energy sales or purchases in a short-term future or day-ahead market includes determining an historical performance of a regional net energy forecasting methodology for a facility or facilities which have solar energy generating systems in a geographical region. The method further includes estimating a difference between the maximum cost of energy in a spot market and an energy trader's minimum price of energy for each hour bid in the short-term future or day-ahead market, determining a risk factor associated with energy sales or purchases from the historical performance and the estimated difference, and purchasing or selling options to buy energy at the previous day's day-ahead market price based on the determined risk factor.
Method And System For Predicting Solar Energy Production
Method And System For Predicting Solar Energy Production
US Patent:
7580817, Aug 25, 2009
Filed:
Aug 19, 2004
Appl. No.:
10/922253
Inventors:
James M. Bing - Concord MA, US
Assignee:
New Energy Options, Inc. - Littleton MA
International Classification:
G06G 7/48
US Classification:
703 6
Abstract:
A system, method and computer program product to assist in managing the physical plant mechanisms and market finances for a deregulated electricity grid or regulated utility grid, populated with solar electric generation capacity. This system provides tools to assist grid operators in the scheduling and dispatch of generation resources in an electrical grid populated with solar electric generation capacity, a week in advance, on an hourly basis. It also provides tools to assist companies engaged in generation, distribution and energy marketing, in the electrical power industry, to manage their contractual supply obligations in the day-ahead hourly wholesale market and the spot market, in an electrical grid populated with solar electric generation capacity. This process can also be used to predict solar loading of building structures, using forecast irradiance data as inputs to common building energy modeling programs, a week in advance, on an hourly basis.
Method And System For Predicting Solar Energy Production
Method And System For Predicting Solar Energy Production
US Patent:
8527398, Sep 3, 2013
Filed:
Sep 14, 2012
Appl. No.:
13/619627
Inventors:
James M. Bing - Concord MA, US
Assignee:
NEO Virtus Engineering, Inc. - Littleton MA
International Classification:
G06Q 40/00
US Classification:
705 37, 705 35, 705 36 R
Abstract:
A method for hedging energy sales or purchases in a short-term future or day-ahead market includes determining an historical performance of a regional net energy forecasting methodology for a facility or facilities which have solar energy generating systems in a geographical region. The method further includes estimating a difference between the maximum cost of energy in a spot market and an energy trader's minimum price of energy for each hour bid in the short-term future or day-ahead market, determining a risk factor associated with energy sales or purchases from the historical performance and the estimated difference, and purchasing or selling options to buy energy at the previous day's day-ahead market price based on the determined risk factor.