Indian Oil has filed a patent for a method to derive a predetermined unit of power from a renewable energy source. The method involves determining the power generation capacity of a power generator based on various parameters, including application, operational, and environmental parameters. A resistor unit is then electrically coupled with the power generator to reduce power loss, and the predetermined unit of power is derived across the resistor unit. GlobalData’s report on Indian Oil gives a 360-degree view of the company including its patenting strategy. Buy the report here.

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According to GlobalData’s company profile on Indian Oil, Bioethanol production GMOs was a key innovation area identified from patents. Indian Oil's grant share as of September 2023 was 60%. Grant share is based on the ratio of number of grants to total number of patents.

Method for deriving predetermined power unit from renewable energy source

Source: United States Patent and Trademark Office (USPTO). Credit: Indian Oil Corp Ltd

A recently filed patent (Publication Number: US20230299590A1) describes a method and system for deriving a predetermined unit of power from renewable energy sources. The method involves receiving application parameters, operational parameters, and environmental parameters associated with the power generation process. These parameters are used by a control unit to determine the power generation capacity of the renewable energy source. The control unit then calculates an optimized value of resistance for a heating element to minimize power conversion loss and maximize power extraction from the renewable energy source or an electrical grid. This determined value of resistance is then used to derive the predetermined unit of power from the power generator.

The patent also claims the method of determining the number of power generators needed to generate the predetermined unit of power. Additionally, it describes a resistor unit comprising multiple resistors, with the control unit being able to electrically couple specific resistors to obtain the determined value of resistance. The application parameters include energy requirement, system parameters, and energy storage parameters, while the operational parameters include rated power, current, voltage, conversion efficiency, temperature coefficient, operating temperature, system de-rating factor, and resistance. The environmental parameters include atmospheric conditions, weather conditions, temperature conditions, number of sunlight hours, seasonal conditions, and latitude and longitude of the location.

The power generator mentioned in the patent can be any renewable energy source such as solar energy, wind energy, tidal energy, biomass energy, or geo-thermal energy. The method also allows for the coupling of a non-renewable energy power source as an alternative to the renewable energy power source. Furthermore, the patent describes the coupling of a heating system to the output of the power generator.

In summary, the patent presents a method and system for efficiently deriving a predetermined unit of power from renewable energy sources. By considering various application, operational, and environmental parameters, the control unit optimizes the power generation capacity and minimizes power conversion loss. This technology has the potential to enhance the efficiency and effectiveness of renewable energy systems.

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GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.