System, method, and apparatus for settlement for participation in an electric power grid

• US 10,373,275 B2
• Filed: 07/29/2016
• Issued: 08/06/2019
• Est. Priority Date: 10/24/2012
• Status: Active Grant

• Current Assignee: Causam Exchange Incorporated
• Original Assignee: Causam Energy, Inc.
• Inventors: Forbes, Jr., Joseph W.
• Primary Examiner(s): Iwarere, Oluseye
• Application Number:
  US15/223,738
• Publication Number:
  US 20160343094A1
• Time in Patent Office: 1,103 Days
• Field of Search: 705 37, 702 60
• CPC Class Codes: B60L 53/305 Communication interfaces
• CPC Class Codes: B60L 53/63 in response to network capacity
• CPC Class Codes: B60L 53/64 Optimising energy costs, e.g. responding to electricity rates
• CPC Class Codes: B60L 53/68 Off-site monitoring or control, e.g. remote control
• CPC Class Codes: B60L 55/00 Arrangements for supplying energy stored within a vehicle to a power network, i.e. vehicle-to-grid [V2G] arrangements
• CPC Class Codes: G05D 17/00 Control of torque; Control of mechanical power
• CPC Class Codes: G05D 3/12 using feedback
• CPC Class Codes: G06Q 10/00 Administration; Management
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 20/145 Payments according to the detected use or quantity
• CPC Class Codes: G06Q 30/0206 Price or cost determination based on market factors
• CPC Class Codes: G06Q 30/0283 Price estimation or determination
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/06 Energy or water supply
• CPC Class Codes: G07F 15/008 Rewarding for providing delivery of electricity to the network
• CPC Class Codes: H02J 13/00 Circuit arrangements for providing remote indication of network conditions, e.g. an instantaneous record of the open or closed condition of each circuitbreaker in the network; Circuit arrangements for providing remote control of switching means in a power distribution network, e.g. switching in and out of current consumers by using a pulse code signal carried by the network
• CPC Class Codes: H02J 13/00028 involving the use of Internet protocols
• CPC Class Codes: H02J 13/00034 : the elements or equipment being or involving an electric power substation
• CPC Class Codes: H02J 2203/20 : Simulating, e g planning, reliability check, modelling or computer assisted design [CAD]
• CPC Class Codes: H02J 3/008 : involving trading of energy or energy transmission rights
• CPC Class Codes: H04L 69/22 : Parsing or analysis of headers
• CPC Class Codes: H04L 69/325 : in the network layer [OSI layer 3], e.g. X.25 H04L69/16 takes precedence
• CPC Class Codes: Y02E 60/00 : Enabling technologies; Technologies with a potential or indirect contribution to GHG emissions mitigation
• CPC Class Codes: Y02P 80/10 : Efficient use of energy, e.g. using compressed air or pressurized fluid as energy carrier
• CPC Class Codes: Y02P 90/845 : Inventory and reporting systems for greenhouse gases [GHG]
• CPC Class Codes: Y02T 10/70 : Energy storage systems for electromobility, e.g. batteries
• CPC Class Codes: Y02T 10/7072 : Electromobility specific charging systems or methods for batteries, ultracapacitors, supercapacitors or double-layer capacitors
• CPC Class Codes: Y02T 90/12 : Electric charging stations
• CPC Class Codes: Y02T 90/14 : Plug-in electric vehicles
• CPC Class Codes: Y02T 90/16 : Information or communication technologies improving the operation of electric vehicles
• CPC Class Codes: Y02T 90/167 : Systems integrating technologies related to power network operation and communication or information technologies for supporting the interoperability of electric or hybrid vehicles, i.e. smartgrids as interface for battery charging of electric vehicles [EV] or hybrid vehicles [HEV]
• CPC Class Codes: Y04S 10/126 : the energy generation units being or involving electric vehicles [EV] or hybrid vehicles [HEV], i.e. power aggregation of EV or HEV, vehicle to grid arrangements [V2G]
• CPC Class Codes: Y04S 30/14 : Details associated with the interoperability, e.g. vehicle recognition, authentication, identification or billing
• CPC Class Codes: Y04S 40/128 : involving the use of Internet protocol
• CPC Class Codes: Y04S 50/10 : Energy trading, including energy flowing from end-user application to grid
• CPC Class Codes: Y04S 50/12 : Billing, invoicing, buying or selling transactions or other related activities, e.g. cost or usage evaluation
• CPC Class Codes: Y04S 50/14 : Marketing, i.e. market research and analysis, surveying, promotions, advertising, buyer profiling, customer management or rewards

Abstract

Systems, methods, and apparatus embodiments for electric power grid and network registration and management of physical and financial settlement for participation of active grid elements in supply and/or curtailment of power, wherein Internet Protocol (IP)-based messages including IP packets are generated by transforming raw data content into settlement grade content. Settlement is provided for grid elements that participate in the electric power grid following initial registration of each grid element with the system, preferably through network-based communication between the grid elements and a coordinator, either in coordination with or outside of an IP-based communications network router. Messaging related to settlement is managed through a network by a Coordinator using IP messaging for communication with the grid elements, with the energy management system (EMS), and with the utilities, market participants, and/or grid operators.

Claims

1. A system for market-based financial settlement of transactions within a power network, comprising:

a settlement processor operable to communicatively connect with at least one grid element in the power network;

wherein a settlement message is transmitted via Internet Protocol (IP)-based messaging from the at least one grid element to the settlement processor in real-time or within approximately 15 minutes after a participation of the at least one grid element in the power network;

wherein the settlement message comprises an IP packet including at least one kilowatt packet (KWP) unit based on the participation of the at least one grid element in the power network;

wherein the participation comprises supplying power to the power network, providing curtailment as supply, and consuming power from the power network;

wherein the participation of the at least one grid element provides reserves and/or grid stabilization for the power network;

wherein the settlement message further comprises revenue grade metrology data associated with the participation of the at least one grid element within the power network;

wherein the at least one KWP unit includes measured data transformed into settlement grade data for the market-based financial settlement and provides a quantifying market rate for monetization for any unit of kilowatts with respect to time.

2. The system of claim 1, wherein the settlement processor is operable to transform the revenue grade metrology data into settlement grade data for the market-based financial settlement.

3. The system of claim 1, wherein the settlement message further comprises at least one power supply value (PSV) unit.

4. The system of claim 3, wherein the settlement processor is operable to aggregate the at least one PSV unit to form a power trading block (PTB).

5. The system of claim 1, wherein the revenue grade data includes measured data that provide a higher rate for settlement compared with a projected, an estimated, or a Validation, Estimating and Editing (VEE) rate.

6. The system of claim 1, wherein the settlement message is managed by a clearinghouse between market participants and utilities.

7. The system of claim 1, wherein at least one grid element has a home location identifier and a non-home location identifier, and wherein the electronic settlement message further comprises factors and attributes for grid element participation associated with the home location identifier and with the non-home location identifier.

8. The system of claim 1, further comprising at least one resource settlement point, wherein the at least one resource settlement point provides for the location of the market-based financial settlement of the at least one grid element for participation in the power network.

9. The system of claim 8, wherein the at least one resource settlement point functions as an attachment point for the at least one grid element.

10. The system of claim 8, wherein the at least one resource settlement point is dynamic.

11. The system of claim 10, wherein the at least one resource settlement point provides for grid element mobility for the market-based financial settlement at more than one location within the power network.

12. The system of claim 1, wherein the settlement message further comprises a priority of delivery having at least one of priority flags, virtual private network, independent identifying addresses, and manufacturer specific identifying codes.

13. The system of claim 12, wherein the independent identifying addresses are selected from the group consisting of Electronic Serial Numbers (ESN), International Manufacturer Equipment Identifiers (IMEI), and Media Access Control (MAC) addresses.

14. The system of claim 1, wherein the at least one grid element is operable to provide operating reserves and/or grid stabilization for the power network.

15. The system of claim 1, wherein the at least one grid element acts as a master grid element, and wherein a multiplicity of grid elements aggregate through the at least one grid element, and wherein the at least one grid element represents participation of the multiplicity of grid elements for settlement purposes.

16. The system of claim 15, wherein the multiplicity of grid elements comprise at least one smart meter, wherein the at least one smart meter is operable to track and communicate data associated with at least one of a thermostat, a building control system, an HVAC system, and any other system that provides for controlling or indicating environmental conditions including humidity, temperature, lighting, and security.

17. A system for market-based financial settlement of transactions within a power network, comprising:

at least one coordinator operable to communicate with at least one grid element in the power network;

wherein a settlement message is transmitted via Internet Protocol (IP)-based messaging from the at least one grid element to the at least one coordinator in real-time or within approximately 15 minutes after a participation of the at least one grid element in the power network;

wherein the settlement message comprises an IP packet including at least one kilowatt packet (KWP) unit based on the participation of the at least one grid element in the power network;

wherein the participation comprises supplying power to the power network, providing curtailment as supply, and consuming power from the power network;

wherein the participation of the at least one grid element provides reserves and/or grid stabilization for the power network;

wherein the settlement message further comprises revenue grade metrology data associated with the participation of the at least one grid element within the power network;

wherein the at least one KWP unit includes measured data transformed into settlement grade data for the market-based financial settlement and provides a quantifying market rate for monetization for any unit of kilowatts with respect to time.

18. The system of claim 17, wherein the at least one coordinator is operable to transform the revenue grade metrology data into settlement grade data for the market-based financial settlement.

19. A system for market-based financial settlement of transactions within a power network, comprising:

a settlement processor and at least one coordinator;

wherein the at least one coordinator is operable to communicate with at least one grid element in the power network via Internet Protocol (IP)-based messaging;

wherein a settlement message is transmitted from the at least one grid element to the settlement processor via the at least one coordinator in real-time or within approximately 15 minutes after a participation of the at least one grid element in the power network;

wherein the settlement message comprises an IP packet including at least one kilowatt packet (KWP) unit based on the participation of the at least one grid element in the power network;

wherein the participation comprises supplying power to the power network, providing curtailment as supply, and consuming power from the power network;

wherein the participation of the at least one grid element provides reserves and/or grid stabilization for the power network;

wherein the settlement message further comprises revenue grade metrology data associated with the participation of the at least one grid element within the power network;

wherein the at least one KWP unit includes measured data transformed into settlement grade data for the market-based financial settlement and provides a quantifying market rate for monetization for any unit of kilowatts with respect to time.