Maximize Savings with Strategic Economic Dispatch Solutions
In large power systems, coordinating the operations of multiple interconnected generating units is required to meet electricity demand. Economic dispatching solutions exist to decide these outputs to reduce fuel costs. Did you know that temporarily displacing grid power during a few peak hours each year could avoid costly utility “capacity and transmission” charges that amount to $100,000 to $200,000 savings per megawatt?
In addition to maintaining your facility’s reliability, meeting the forecasted system load at the lowest possible cost is one of the key goals in power system operation. Another term for this initiative is economic dispatch.
Economic dispatch is more than emergency power — it is a crucial aspect of power system planning and operations. Economic dispatch is the ability to dispatch your generator(s), which are normally sitting idle awaiting a utility failure, during peak hours to save on monthly transmission and capacity charges. The loads are allocated to the generating units in a power system to reduce total operating costs while meeting operational constraints. These solutions determine the most economical way to share the load among these generating units.
Individual generating units in a power system have operational limitations, like maximum and minimum loading. The goal of economic dispatch is to optimally coordinate these power generation outputs to meet the load requirements without increasing fuel costs.
Traditionally emergency generators do not provide ROI. With economic dispatch now you have payback! Get return on investment by saving on your energy bill that you pay every month.
Our turnkey solutions for optimizing your power dispatch include:
These services use reliable Cat® power generators and switchgear to make the most out of your energy resources, including:
When you request our dispatch services, we use the power of Cat equipment to change your approach to energy. Let our team of experts and partners provide you with these solutions:
Select from a portfolio of products including both diesel and gas generators, switchgear, ATS enclosures and more custom solutions.
Our power systems services cover on-site maintenance and repairs to make maintaining and managing your equipment easier. Explore capabilities of Customer Support Agreements (CSA) and Extended Service Contracts (ESC).
Foley, Inc. provides full services and support for our clients’ projects, including equipment, financing, maintenance, engineering, procurement and construction, so you can optimally use your systems.
With monitoring and dispatch, you can learn the optimal time to use assets and diagnose and control your system remotely.
Foley, Inc. offers several financing options to help you acquire the solutions you need. Purchase directly from Foley or finance with our project experts at Cat Finance.
Foley, Inc. economic dispatch solutions can involve the use of a variety of power generation assets, including microgrid equipment. A microgrid system consists of on-site electricity sources that can work with the local power grid or as stand-alone sources. Your microgrid system from Foley, Inc. will increase your energy resiliency and reliability in emergencies as well as provide flexibility of economic dispatch.
