Intelligent Routing Of Electric Power
First Claim
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1. A method for dynamically trading and distributing electric power, comprising the steps of:
- (a) collecting by a control node parameters including bids and asks from buyers and sellers of electric power;
(b) substantially continually monitoring energy consumption and generation by the buyers and sellers; and
(c) dynamically transmitting electric power via a High Voltage Direct Current transmission (HVDC) network between buyers and sellers by switch nodes responsive to the control node based on the collected parameters, and forming legally binding contractual relationships between the buyers and sellers.
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Abstract
A method and system for dynamically routing electric power in real time in accordance with parameters submitted by buyers and sellers of electric power using a feedback control scheme. A control node is arranged for receiving the parameters via a wide area network and to generate a route plan based on the parameters as well as current supply and demand in a network. The control node is also connected to the transmission and distribution systems to dynamically route electric power between matched buyers and sellers to effect the route plan.
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Citations
18 Claims
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1. A method for dynamically trading and distributing electric power, comprising the steps of:
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(a) collecting by a control node parameters including bids and asks from buyers and sellers of electric power; (b) substantially continually monitoring energy consumption and generation by the buyers and sellers; and (c) dynamically transmitting electric power via a High Voltage Direct Current transmission (HVDC) network between buyers and sellers by switch nodes responsive to the control node based on the collected parameters, and forming legally binding contractual relationships between the buyers and sellers. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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- 15. A system for dynamically distributing electric power, comprising a control node for continuously receiving bids and asks from buyers and sellers, matching the received bids and asks to form matched bids and asks and dynamically updating the matched bids and asks in accordance with changes occurring in the bids and asks, said control node being connectable to an electric network capable of routing electric power between buyers and sellers and for activating switching devices connected to said electric network for switching a flow of power in the electric network to effect the matching of the bids and asks.
Specification