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

• US 20200134744A1
• Filed: 12/23/2019
• Published: 04/30/2020
• Est. Priority Date: 10/24/2012
• Status: Active Grant

• Current Assignee: Causam Exchange Incorporated
• Original Assignee: Causam Enterprises, Inc.
• Inventors: Forbes, JR., Joseph W.
• Granted Patent: US 11,195,239 B2
• Time in Patent Office: 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. At least one active grid element is constructed and configured in network communication with a settlement processor. The at least one active grid element participates in the electric power grid by consuming power, supplying power, and/or curtailing power to provide operating reserves and/or grid stability for the electric power grid. The at least one active grid element generates at least one kilowatt packet (KWP) unit based upon measured data for the participation in the electric power grid. The at least one active grid element transmits at least one IP-based settlement message to the settlement processor. 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 method for market-based financial settlement in an electric power grid, comprising:

at least one active grid element participating in the electric power grid by consuming power, supplying power, and/or curtailing power to provide operating reserves and/or grid stability for the electric power grid;

the at least one active grid element generating at least one kilowatt packet (KWP) unit based upon measured data for the participation of the at least one active grid element in the electric power grid, wherein the at least one KWP unit provides a quantifying market rate for monetization for any units of kilowatts with respect to time and the measured data is based on revenue grade metrology;

the at least one active grid element transmitting at least one Internet Protocol (IP)-based settlement message to a settlement processor, wherein the at least one IP-based settlement message comprises the at least one KWP unit; 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.

2. The method of claim 1, further comprising calculating at least one power supply value (PSV) for the at least one active grid element based on power consumed, supplied, and/or curtailed by the at least one active grid element.

3. The method of claim 2, further comprising combining and aggregating the at least one KWP unit and the at least one PSV to form a minimum power trading block (PTB).

4. The method of claim 1, further comprising a multiplicity of grid elements aggregating and/or integrating through the at least one active grid element, wherein the participation of the multiplicity of grid elements is operationally equivalent to a single grid element.

5. The method of claim 4, further comprising the multiplicity of grid elements transforming into sub-grid elements upon the multiplicity of grid elements aggregating and/or integrating through the at least one active grid element, wherein the at least one IP-based settlement message includes information for a unique financial settlement that corresponds to each sub-grid element.

6. The method of claim 1, further comprising assigning a customer identifier, a billing identifier, and/or a grid element unique identifier to the at least one active grid element for the market-based financial settlement.

7. The method of claim 6, wherein the grid element unique identifier includes an IP address, an equipment identifier, a Media Access Control (MAC) address, location-based factors, time-based factors, grid-function-based factors, at least one grid reliability factor, and/or at least one grid stability factor.

8. The method of claim 1, further comprising a clearinghouse managing the market-based financial settlement.

9. The method of claim 1, further comprising at least one resource settlement point providing a dynamic location for the market-based financial settlement within the electric power grid.

10. The method of claim 1, further comprising at least one coordinator aggregating and routing the at least one IP-based settlement message to the settlement processor.

11. The method of claim 10, further comprising the at least one coordinator providing a priority flag to the at least one IP-based settlement message.

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

at least one active grid element and a settlement processor;

wherein the at least one active grid element is constructed and configured in network communication with the settlement processor in real time or near real time;

wherein the at least one active grid element participates in the electric power grid to provide operating reserves and/or grid stability for the electric power grid;

wherein the participation comprises consuming power from the electric power grid, supplying power to the electric power gird, and curtailing power from the electric power grid;

wherein the at least one active grid element is operable to generate at least one kilowatt packet (KWP) unit based upon measured data for the participation in the electric power grid;

wherein the at least one KWP unit provides a quantifying market rate for monetization of any units of kilowatts with respect to time and the measured data is based on revenue grade metrology;

wherein the at least one active grid element is operable to transmit at least one IP-based settlement message to the settlement processor; and

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.

13. The system of claim 12, wherein the at least one active grid element has a home location identifier and a nonhome location identifier, and wherein the market-based financial settlement is further based on factors and attributes for the participation of the at least one active grid element associated with the home location identifier and with the non-home location identifier.

14. The system of claim 12, further comprising a multiplicity of grid elements aggregating and/or integrating through the at least one active grid element, wherein the participation of the multiplicity of grid elements is operationally equivalent to a single grid element.

15. The system of claim 14, further comprising the multiplicity of grid elements transforming into sub-grid elements upon the multiplicity of grid elements aggregating and/or integrating through the at least one active grid element, wherein the at least one IP-based settlement message includes information for a unique financial settlement that corresponds to each sub-grid element.

16. The system of claim 12, wherein the market-based financial settlement is further based on factors for grid stability-based pricing, operating reserves-based pricing, peak and off-peak timing pricing, estimations, network models, real-time measurement of actual participation of the at least one grid element, and/or losses associated with transmission, distribution, and/or resource nodes.

17. The system of claim 12, further comprising at least one resource settlement point, wherein the at least one resource settlement point provides a dynamic location for the market-based financial settlement within the electric power grid.

18. The system of claim 12, further comprising at least one coordinator, wherein the at least one coordinator aggregates and routes the at least one IP-based settlement message to the settlement processor.

19. The system of claim 12, further comprising a clearinghouse, wherein the clearinghouse manages the market-based financial settlement.

20. The system of claim 12, wherein the 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, a grid element compatibility identifier, and/or a priority of delivery.