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

• US 10,529,037 B2
• Filed: 10/23/2017
• Issued: 01/07/2020
• 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): Hayles, Ashford S
• Application Number:
  US15/790,439
• Publication Number:
  US 20180060978A1
• Time in Patent Office: 806 Days
• 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 and methods for market-based financial settlement in an electric power grid are disclosed. A settlement processor is constructed and configured for IP-based communication with at least one active grid element via at least one coordinator. The at least one active grid element is registered with the at least one coordinator to participate within the electric power grid. The at least one coordinator tracks the at least one active grid element in the electric power grid. The at least one active grid element transmits at least one IP-based settlement message to the settlement processor via the at least one coordinator. The at least one IP-based settlement message comprises at least one kilowatt packet (KWP) unit, and the at least one KWP unit is based on measurement data for a participation of the at least one active grid element in the electric power grid. The settlement processor provides a market-based financial settlement for the participation of the at least one active grid element based on the at least one KWP unit in real time or near real time.

Claims

1. A system for market-based financial settlement in an electric power grid, comprising:

a settlement processor;

at least one coordinator; and

at least one active grid element;

wherein the settlement processor is constructed and configured for Internet Protocol (IP)-based communication with the at least one active grid element via the at least one coordinator;

wherein the at least one active grid element is registered with the at least one coordinator to participate within the electric power grid;

wherein the at least one coordinator is operable to track the at least one active grid element in the electric power grid;

wherein the at least one active grid element is configured to transmit at least one IP-based settlement message to the settlement processor via the at least one coordinator;

wherein the at least one IP-based settlement message comprises at least one kilowatt packet (KWP) unit;

wherein the at least one KWP unit is based on measurement data for a participation of the at least one active grid element in the electric power grid;

wherein the settlement processor is operable to provide a market-based financial settlement for the participation of the at least one active grid element based on the at least one KWP unit in real time or near real time.

2. The system of claim 1, wherein the at least one active grid element is selected from the group consisting of at least one power supply device, at least one power storage device, and at least one power consuming device.

3. The system of claim 1, wherein the at least one active grid element is mobile.

4. The system of claim 1, wherein the participation of the at least one active grid element comprises at least one of supplying power to the electric power grid, storing power from the electric power grid, consuming power from the electric power grid, and/or curtailing power from the electric power grid as supply.

5. The system of claim 1, wherein the at least one coordinator is operable to monitor a capacity, a location, and a state of the at least one active grid element.

6. The system of claim 1, wherein the at least one coordinator is operable to monitor the operational purpose, pricing and quantity bids for the at least one active grid element.

7. The system of claim 1, wherein the at least one coordinator is operable to match and prioritize the at least one active grid element.

8. The system of claim 1, wherein the at least one coordinator is operable to provide a priority flag on the at least one IP-based settlement message.

9. The system of claim 1, wherein the at least one coordinator is operable to obtain and communicate real-time market information to the at least one active grid element.

10. The system of claim 9, wherein the at least one active grid element is operable to modify and match market needs based on the real-time market information.

11. The system of claim 1, wherein the at least one coordinator is operable to aggregate the at least one IP-based settlement message.

12. The system of claim 1, wherein the at least one IP-based settlement message further comprises at least one of:

a geodetic reference, an element identifier, a grid element type, a grid element function, a grid element capacity, a grid element profile, a grid element attachment point reference, a grid element balancing authority association, a grid element owner identifier, and/or a grid element compatibility identifier.

13. The system of claim 1, wherein the measurement data is based on revenue grade metrology.

14. The system of claim 1, wherein the IP-based communication is encrypted.

15. The system of claim 1, wherein the at least one KWP unit provides a quantifying market rate for monetization for any unit of kilowatts with respect to time.

16. The system of claim 1, wherein the at least one coordinator is operable to calculate at least one power supply value (PSV) for the at least one active grid element based on measurement and verification of power consumed, stored, supplied, and/or curtailed by the at least one active grid element.

17. The system of claim 16, wherein the at least one PSV is aggregated to form at least one power trading block (PTB);

and wherein the market-based financial settlement is further based on the at least one PTB.

18. A method for market-based financial settlement in an electric power grid, comprising:

providing a settlement processor constructed and configured for IP-based communication with at least one active grid element via at least one coordinator;

the at least one active grid element registering with the at least one coordinator to participate within the electric power grid;

the at least one coordinator tracking the at least one active grid element in the electric power grid;

the at least one active grid element transmitting at least one IP-based settlement message to the settlement processor via the at least one coordinator;

wherein the at least one IP-based settlement message comprises at least one kilowatt packet (KWP) unit;

wherein the at least one KWP unit is based on measurement data for the participation of the at least one active grid element in the electric power grid; and

the settlement processor providing a market-based financial settlement for the participation of the at least one active grid element based on the at least one KWP unit in real time or near real time.

19. The method of claim 18, wherein the at least one active grid element comprises a master active grid element or a virtual active grid element that represents an aggregate participation of a multiplicity of active grid elements and is equivalent to a single active grid element.

20. The method of claim 19, wherein the multiplicity of active grid elements are transformed into sub-grid elements, and wherein the at least one IP-based settlement message includes information for a unique financial settlement that corresponds to each sub-grid element.