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1. (WO2017205397) METHOD OF UTILIZING A COMBINED HEAT AND POWER SYSTEM TO PRODUCE ELECTRICITY FOR A WHOLESALE ELECTRICITY MARKET

Pub. No.:    WO/2017/205397    International Application No.:    PCT/US2017/034034
Publication Date: Fri Dec 01 00:59:59 CET 2017 International Filing Date: Wed May 24 01:59:59 CEST 2017
IPC: G06Q 50/06
F02C 6/00
F02C 6/18
F02D 29/06
G05B 13/02
G06Q 40/04
Applicants: SCUDERI GROUP, INC.
Inventors: SCUDERI, Salvatore
SCUDERI, Nicholas
Title: METHOD OF UTILIZING A COMBINED HEAT AND POWER SYSTEM TO PRODUCE ELECTRICITY FOR A WHOLESALE ELECTRICITY MARKET
Abstract:
A method includes installing a CHP system to be operated by an operator. The operator becomes qualified as a market participant in a wholesale electricity market. An electrical output generated from the CHP system is connected to a first conductive path, the first conductive path operatively conducting power and energy to a grid for sale into the wholesale electricity market. Waste heat generated from the CHP system is utilized to provide one of a product and a process. An efficiency of the waste heat and an electrical efficiency of the electrical output are combined to attain an overall CHP system efficiency of 60 percent or greater.