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METHOD AND SYSTEM FOR MANAGING A LOAD DEMAND ON AN ELECTRICAL GRID

  • US 20100292856A1
  • Filed: 05/15/2009
  • Published: 11/18/2010
  • Est. Priority Date: 05/15/2009
  • Status: Active Grant
First Claim
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1. A method for managing electrical demand on a power grid in response to electrical supply conditions, the method comprising:

  • determining a first energy demand forecast using stored information, wherein the first energy demand forecast includes a predicted energy usage over a predetermined time period;

    determining a first energy supply forecast based on a known energy production and transmission capacity, wherein the first energy supply forecast includes a predicted energy supply over the predetermined time period;

    comparing the first energy demand forecast to the first energy supply forecast; and

    transmitting at least one of an adjusted price signal and an electrical load shedding signal to a customer over a bi-directional communication system based on the comparison of the first energy demand forecast to the first energy supply forecast.

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