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Method and system for managing a load demand on an electrical grid

  • US 8,068,938 B2
  • Filed: 05/15/2009
  • Issued: 11/29/2011
  • 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 using at least a secure unit commitment module and a generation capacity forecast module, 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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