US Patent Issued to ABB Schweiz on Sept. 15 for "Method for a plant operation optimization component" (German Inventors)

ALEXANDRIA, Va., Sept. 15 -- United States Patent no. 12,737,707, issued on Sept. 15, was assigned to ABB Schweiz AG (Baden, Switzerland).

"Method for a plant operation optimization component" was invented by Georg Gutermuth (Heidelberg, Germany), Bernhard Primas (Mannheim, Germany), Matthias Biskoping (Hirschberg, Germany), Matthias Schloeder (Heidelberg, Germany) and Arzam Muzaffar Kotriwala (Ladenburg, Germany).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method for a plant operation optimization component includes determining optimal operation set points and, based on optimal operation set points and corresponding operational costs, providing output allowing for selecting a tariff...