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System and Method for Actively Managing Electric Power Over an Electric Power Grid and Providing Revenue Grade Data Usable for Settlement

  • US 20170017251A1
  • Filed: 08/31/2016
  • Published: 01/19/2017
  • Est. Priority Date: 06/20/2012
  • Status: Active Grant
First Claim
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1. A system for managing power information for generating operating reserves on an electric power grid comprising:

  • a server constructed and configured for communication over a network for communicating Internet Protocol (IP)-based messages with at least one device for consuming or supplying electric power;

    wherein the IP-based messages include information relating to activities of the at least one device for consuming or supplying electric power, the information comprising an amount of power consumed or supplied and an amount of power available to be reduced or supplied by the at least one device for consuming or supplying electric power;

    a database for storing the information relating to the activities by the at least one device for consuming or supplying electric power;

    wherein the information is transformed by the system into settlement grade data corresponding to the activities of the at least one device for consuming or supplying electric power;

    wherein the settlement grade data includes a quantification of revenue grade power available to be reduced or curtailed or to be supplied by the activities of the at least one device for consuming or supplying electric power; and

    wherein the settlement grade data further includes information from any revenue grade meter or sub-meter capable of communicating revenue grade or acceptable metrology within a time interval.

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