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

• US 8,719,125 B1
• Filed: 05/30/2013
• Issued: 05/06/2014
• Est. Priority Date: 10/24/2012
• Status: Active Grant

• Current Assignee: Causam Exchange Incorporated
• Original Assignee: Causam Energy, Inc.
• Inventors: Forbes, Joseph W. Jr.
• Primary Examiner(s): Gart, Matthew
• Assistant Examiner(s): Hayles, Ashford S
• Application Number:
  US13/906,064
• Publication Number:
  US 20140114829A1
• Time in Patent Office: 341 Days
• Field of Search: 705/34, 705/1.1, 340/870.02, 700/295, 700/286
• US Class Current: 705/34
• 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, methods, and apparatus embodiments for electric power grid and network registration and management of physical and financial settlement for participation of active grid elements in supply and/or curtailment of power, wherein Internet Protocol (IP)-based messages including IP packets are generated by transforming raw data content into settlement grade content. Settlement is provided for grid elements that participate in the electric power grid following initial registration of each grid element with the system, preferably through network-based communication between the grid elements and a coordinator, either in coordination with or outside of an IP-based communications network router. Messaging related to settlement is managed through a network by a Coordinator using IP messaging for communication with the grid elements, with the energy management system (EMS), and with the utilities, market participants, and/or grid operators.

Claims

1. A system for energy data management for market-based financial settlements comprising:

a settlement processor for market-based financial settlements, comprising a server and/or a processor operatively coupled with a memory, and a database constructed and configured for electrical connection and IP-based communication via a network;

a settlement message transmittable over the network via IP-based messaging, the settlement message further including an internet protocol (IP) packet for the market-based financial settlement corresponding to the participation for providing power supplied to an electric power grid and/or for load consumed by at least one grid element operable within an electric power grid, wherein the participation of the at least one grid element requires power supplied to and/or load consumed by the at least one grid element, and wherein the market-based financial settlement corresponds to at least one kilowatt packet (KWP) unit of participation by the at least one grid element, wherein each KWP unit comprises measured data transformed into settlement grade data for market financial settlement for load and supply corresponding to each of the active grid element(s) participation in the electric power grid for load or supply, and each KWP unit provides a quantifying market rate for monetization for any unit of kilowatts with respect to time.

2. The system of claim 1, further including at least one coordinator, wherein each of the coordinator(s) is constructed and configured for electrical connection and IP-based network communication with the at least one grid element.

3. The system of claim 1, wherein the at least one grid element is registered with the settlement processor to participate within the electric power grid.

4. The system of claim 1, wherein the settlement processor generates information for a financial settlement for each of the grid element(s).

5. The system of claim 1, wherein the IP packet includes at least one of revenue grade data and non-revenue grade data.

6. The system of claim 1, wherein the IP packet is generated automatically by transforming a raw data content into a settlement grade content, and further including a settlement message used with the settlement grade content for determining financial settlement corresponding to participation in an electric power grid by at least one grid element.

7. The system of claim 1, wherein the IP packet is encapsulated, constructed and configured for transmission over an IP-based network used for energy financial settlements communications.

8. The system of claim 1, wherein the IP packet is routable through the network by a coordinator.

9. The system of claim 1, wherein the IP packet is automatically generated by the at least one grid element.

10. The system of claim 1, wherein the IP packet further includes a Power Supply Value (PSV) corresponding to participation in an electric power grid by at least one grid element.