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System, method and apparatus for power management

  • US 10,402,753 B2
  • Filed: 10/11/2018
  • Issued: 09/03/2019
  • Est. Priority Date: 04/14/2008
  • Status: Active Grant
First Claim
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1. A method comprising:

  • generating, by a first entity, power for the use by a second entity, wherein the first entity includes a power generation utility having a power generation source, and the second entity includes a demand side;

    setting, by a third entity, a pricing signal, the pricing signal representative of a price for the power and an availability of power generation capacity, wherein the setting of the pricing signal is upward or downward and causes maximizing an efficient operating level of power generation at both a first time and a second time, wherein a maximum efficient operating level is at or near a maximum power generation output; and

    transmitting, by the third entity, the pricing signal continually in real-time over a telecommunication network to the second entity;

    wherein an appliance of the second entity is controlled automatically based on the pricing signal to maximize the efficient operating level of power generation by the first entity at both the first time and the second time;

    wherein before the power generation source of the first entity is online, the pricing signal is set upward to decrease a demand of the power by the second entity at the first time to forestall bringing the power generation source of the first entity online; and

    wherein after the power generation source of the first entity is online, the pricing signal is set downward to increase the demand of the power by the second entity at the second time until the power generation source of the first entity is operating at the maximum efficient operating level of power generation.

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