摘要:
In the present invention, an insurance product, rating system and method generally relates to a rating and pricing system for quantifying the risk that the annual savings will not fall below specified levels associated with implementing and maintaining economic improvements. The product, system and method can be applied to various industries, including, power generation, petrochemical, manufacturing and refining facilities. The present invention comprises an insurance product rating and pricing system designed for a relatively small number of insured annually or over a multi-year term with each insured having a relatively large exposure. These savings will produce additional benefits to the client in the form of enhanced creditworthiness and resulting increased availability of financing and reduced cost of financing.
摘要:
A method and financial arrangement for financing (or refinancing) and operating a business project are provided. They are designed to better allocate the risks inherent in setting up and operating the business project and optimize the benefits of the project for all of the involved parties—lenders, sponsors, investors, operators and consumers and/or end users of the project. This novel method and financial arrangement provide additional security for lenders and investors of the project, while, at the same time, providing benefits and incentives to consumers and/or end users of the project. As an illustrative example, an embodiment of the present invention is applied to a power plant project. Among many potential benefits, the present invention may provide a solution for overcoming the current disarray in the power industry.
摘要:
The invention relates to operations on options and other derivatives carried out by means of a computer system for managing risks of event, operation risks, market jump risks and discloses a method for formulating derivatives with respect to solar and geomagnetic activity or the derivative indexes thereof, including options and futures of sunspot numbers (solar derivatives). The inventive method consists in receiving data for a given asset, type of contract, strike price for a given asset, current price of a given asset, lower bound of a change, current interest without non-payment risk, price dispersion of a given asset during the quotation thereof and a required guarantee fee therefor, and in defining a derivative for each variable of the derivative cost computation algorithm, a variable strike price associated with a current price and in defining a variable strike price together with a strike price. The difference between the trade price of the contract and a final closing price is defined and data for said distributable difference is sent to the user, the difference between the strike price and the current price of a given asset is defined and the data for said distributable difference is sent to the user.
摘要:
The present invention is directed to a method of residential emissions trading and a residential emissions trading commodity. In particular, an embodiment of the present invention is a method for identifying, quantifying, and aggregating reductions in residential emissions into a tradable commodity. The step of quantifying the emissions reduction may further comprise the steps of measuring an energy savings resulting from the energy savings opportunity and calculating the emissions reduction resulting from the energy savings. The method may further comprise the steps of verifying the quantification of the emissions reduction and monitoring the residential energy savings opportunities and the quantification of the emissions reduction.
摘要:
In one embodiment, a system is provided for performing at least one service operation in association with at least one inspected item. The system includes a service data device configured for displaying at least one data screen including at least one checklist configured for operative use in connection with performance of the service operation on the inspected item, the data device being portable and being configured for processing at least one communication; a service administrator having at least one data storage medium configured for storing at least one of the checklists displayed on the data device, the service administrator further having at least one server for enabling at least one communication between the service administrator and the data device; at least a portion of at least one of the checklists being customizable by at least the service administrator; and, at least a portion of at least one of the checklists being electronically interactive in association with performance of the service operation on the inspected item. It is emphasized that this abstract is provided to comply with the rules requiring an abstract that will allow a searcher or other reader to quickly ascertain the subject matter of the technical disclosure. It is submitted with the understanding that it will not be used to interpret or limit the scope or meaning of the claims. 37 CFR § 1.72(b).
摘要:
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.
摘要:
A power trading risk management system includes means for evaluating and inputting a predicted value of an electricity demand, an electricity price in a spot market, a cost function of a power generator to be used, a fuel price, a fixed cost and the like, means for modeling a random fluctuation of a future electricity price by use of a fluctuation of a past electricity price, means for calculating a profit accrued from electricity sale and the like, means for evaluating a risk accrued from a random fluctuation of the electricity price, means for producing an appropriate electricity portfolio, means for reevaluating a value of the portfolio on a daily basis, means for reorganizing the portfolio for risk reduction, and means for deciding a price of a financial derivative instrument for risk hedging. The system measures a market risk associated with a power trading, and produces the portfolio for maximizing a profit while maintaining the risk within a tolerance.
摘要:
The present invention provides methods for managing a bulk electric power market. In an example embodiment of the invention, a set of inter-related process streams relating to the bulk electric power market are established. A plurality of processes for each process stream contained in the set of inter-related process streams is also established. At least one process of each process stream serves as an input to, or output from, at least one other process stream. Each process may comprise: (i) at least one of manual or automated inputs; (ii) at least one of manual or automated activities; (iii) and outputs. A diagrammatic process stream flow may be provided for each process stream. A diagrammatic process flow may be provided for each process in each process stream. Textual process descriptions may also be provided which correspond to each process flow.
摘要:
An insurance policy and insurance method for providing financial assurance for decommissioning a nuclear power plant using insurance is described. In one embodiment, a financial product, such as a decommissioning insurance policy, provides financial assurance for the decommissioning of a nuclear power facility, and provides, in exchange for payment of a premium, for an insurer to pay actual decommissioning expenses for the nuclear power facility between a policy inception date and a policy termination date. In another embodiment, the insurance policy includes a premium that is based on an adjusted sum of costs and expenses that is equalized over a plurality of scenarios, where each scenario is based on the decommission starting, e.g., in a different year.
摘要:
The present invention is directed to a method of residential emissions trading and a residential emissions trading commodity. In particular, an embodiment of the present invention is a method for identifying, quantifying, and aggregating reductions in residential emissions into a tradable commodity. The step of quantifying the emissions reduction may further comprise the steps of measuring an energy savings resulting from the energy savings opportunity and calculating the emissions reduction resulting from the energy savings. The method may further comprise the steps of verifying the quantification of the emissions reduction and monitoring the residential energy savings opportunities and the quantification of the emissions reduction.