System and Method for Optimizing A Demand Response Event
First Claim
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1. A method for optimizing a demand response event of an entity, the method comprising the steps of:
- (a) determining, using a first processor, a customer event forecast for each customer of a plurality of customers;
(b) determining, using the first processor, a customer satisfaction ranking for each customer of the plurality of customers;
(c) selecting, using the first processor, a group of customers from the plurality of customers, wherein the selecting is based at least in part on the determined customer event forecast and the determined customer satisfaction ranking;
(d) determining, using the first processor, for each customer in the group of customers a participation schedule for the demand response event;
(e) calculating, using the first processor, a first predicted performance metric for the demand response event for one of the customers in the group of customers, wherein the first predicted performance metric is based at least in part on the participation schedule for the one customer in the group of customers; and
(f) transmitting to the entity the participation schedule for each customer in the group of customers.
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Abstract
A system and method is disclosed for optimizing a demand response event. Strategizes for demand response events developed according to the present disclosure consider a customer'"'"'s individual satisfaction ranking in creating a customer-specific demand response participation schedule so that customer dissatisfaction is reduced and a more uniform customer response across the entire demand response event is achieved. Customers participating in a demand response event need not participate in the entire event and can limit their participation to coincide with their individual satisfaction ranking.
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Citations
23 Claims
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1. A method for optimizing a demand response event of an entity, the method comprising the steps of:
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(a) determining, using a first processor, a customer event forecast for each customer of a plurality of customers; (b) determining, using the first processor, a customer satisfaction ranking for each customer of the plurality of customers; (c) selecting, using the first processor, a group of customers from the plurality of customers, wherein the selecting is based at least in part on the determined customer event forecast and the determined customer satisfaction ranking; (d) determining, using the first processor, for each customer in the group of customers a participation schedule for the demand response event; (e) calculating, using the first processor, a first predicted performance metric for the demand response event for one of the customers in the group of customers, wherein the first predicted performance metric is based at least in part on the participation schedule for the one customer in the group of customers; and (f) transmitting to the entity the participation schedule for each customer in the group of customers. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19)
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20. A system for optimizing a demand response event of an entity, the system comprising:
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a memory device for storing customer information and for storing parameters for the demand response event; a first processor for determining a customer event forecast for each of a plurality of customers; said first processor for determining a customer satisfaction ranking for each of the plurality of customers; said first processor for selecting a group of customers from the plurality of customers, wherein the selecting is based at least in part on the determined customer event forecast and the determined customer satisfaction ranking; said first processor for determining for each customer in the group of customers a participation schedule for the demand response event; said first processor for calculating a first predicted performance metric for the demand response event for one of the customers in the group of customers, wherein the first predicted performance metric is based at least in part on the participation schedule for the one customer in the group of customers; and a transmitter for transmitting to the entity the participation schedule for each customer in the group of customers. - View Dependent Claims (21, 22)
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23. A machine-readable medium having stored thereon a plurality of executable instructions to be executed by a processor, the plurality of executable instructions comprising instructions to:
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(a) determine a customer event forecast for each of a plurality of customers; (b) determine a customer satisfaction ranking for each of the plurality of customers; (c) select a group of customers from the plurality of customers, wherein the selecting is based at least in part on the determined customer event forecast and the determined customer satisfaction ranking; (d) determine for each customer in the group of customers a participation schedule for the demand response event; (e) calculate a first predicted performance metric for the demand response event for one of the customers in the group of customers, wherein the first predicted performance metric is based at least in part on the participation schedule for the one customer in the group of customers; and (f) transmit to the entity the participation schedule for each customer in the group of customers.
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Specification