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

• US 9,418,393 B2
• Filed: 10/20/2014
• Issued: 08/16/2016
• 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): Iwarere, Seye
• Application Number:
  US14/518,383
• Publication Number:
  US 20150039398A1
• Time in Patent Office: 666 Days
• Field of Search: 705/34, 700/286, 700/292, 340/870.02
• US Class Current: 1/1
• 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 market-based financial settlement of transactions within an electric power grid network, comprising:

at least one grid element, a settlement processor and/or at least one coordinator over the electric power grid network;

wherein an electronic settlement message is transmitted via IP-based messaging from the at least one grid element to the settlement processor and/or the at least one coordinator;

wherein at least one of the at least one grid element has a home location identifier and a non-home location identifier;

wherein the electronic settlement messages comprises an internet protocol (IP) packet including at least one kilowatt packet (KWP) unit based upon a participation of the at least one grid element in an electric power grid for load, supply, and/or curtailment of power;

wherein the participation of the at least one grid element provides reserves and/or grid stabilization for the electric power grid;

wherein the at least one KWP unit includes measured data transformed into settlement grade data for the market-based financial settlement and provides a quantifying market rate for monetization for any unit of kilowatts with respect to time;

wherein the electronic settlement message includes factors and attributes for the participation of the at least one grid element associated with the home location identifier and/or the non-home location identifier;

wherein the electronic settlement message further includes revenue grade metrology associated with the at least one grid element and the at least one KWP unit for the market-based financial settlement corresponding to the participation of the at least one grid element within the electric power grid.

2. The system of claim 1, wherein the electronic settlement message further comprises at least one power supply value (PSV) associated with the at least one grid element, wherein the at least one coordinator and/or the settlement processor is operable to aggregate the at least one PSV and the at least one KWP unit to form a power trading block (PTB).

3. The system of claim 1, wherein the at least one grid element acts as a master grid element and/or a virtual grid element, wherein one or a multiplicity of grid elements aggregate and/or integrate through, and represents the participation of the one or the multiplicity of grid elements.

4. The system of claim 3, wherein each of the one or multiplicity of grid elements transform into sub-grid elements upon an aggregation or an integration, wherein the electronic settlement message includes information for a unique financial settlement that corresponds to each sub-grid element.

5. The system of claim 3, wherein the one or the multiplicity of grid elements comprise a microgrid.

6. The system of claim 3, wherein the one or the multiplicity of grid elements includes a smart meter, the smart meter providing functions to track and communicate data associated with at least one of a thermostat, a building control system, an HVAC system, and any other system that provides for controlling or indicating environmental conditions including humidity, temperature, lighting, and security.

7. The system of claim 1, wherein at least one of the at least one coordinator, the at least one grid element, and the settlement processor is operable to communicate at least one message including the electronic settlement message with at least one of a data center, a central office, a retail store, a hospital, a fabrication facility, a manufacturing facility, and a service facility.

8. The system of claim 1, wherein the electronic settlement message further comprises at least one of a customer identifier, a billing identifier, and a grid element unique identifier, wherein the customer identifier, the billing identifier, and the grid element unique identifier are assigned to the at least one grid element, wherein the grid element unique identifier further includes at least one of an IP address, an equipment identifier, a mac address, location-based factors, time-based factors, grid-function-based factors, at least one grid reliability factor, and at least one grid stability factor.

9. The system of claim 1, wherein the electronic 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 KWP value, a grid element power supply value (PSV), a grid element power trade block (PTB) value, a grid element balancing authority association, a grid element owner identifier, a grid element compatibility identifier, and combinations thereof.

10. The system of claim 1, wherein the electronic settlement message further comprises factors for grid stability-based pricing, operating reserves-based pricing, peak and off-peak timing pricing, and estimations, network models, and/or real-time measurement of the participation by the at least one grid element, and/or the losses associated with a transmission, a distribution, and/or resource nodes.

11. The system of claim 1, wherein the revenue grade metrology includes measured data that provides a higher rate for settlement compared with a projected, an estimated, or a validation, estimating or editing (VEE) rate.

12. The system of claim 1, wherein the electronic settlement message is managed by a clearinghouse between market participants and utilities.

13. The system of claim 1, wherein at least one resource settlement point provides for grid element mobility for the market-based financial settlement at more than one location within the electric power grid.

14. A system for market-based financial settlement of transactions within an electric power grid network, comprising:

at least one grid element, a settlement processor and/or at least one coordinator over the electric power grid network;

wherein the at least one grid element is operable to transmit an electronic settlement message via IP-based messaging to the settlement processor and/or the at least one coordinator;

wherein at least one of the at least one grid element has a home location identifier and a non-home location identifier;

wherein the electronic settlement messages comprises an internet protocol (IP) packet including at least one kilowatt packet (KWP) unit based upon a participation of the at least one grid element in an electric power grid for load, supply, and/or curtailment of power;

wherein the participation of the at least one grid element provides reserves and/or grid stabilization for the electric power grid;

wherein the at least one KWP unit comprises measured data transformed into settlement grade data for the market-based financial settlement and provides a quantifying market rate for monetization for any unit of kilowatts with respect to time;

wherein the electronic settlement message comprises factors and attributes for the participation of the at least one grid element associated with the home location identifier and/or the non-home location identifier;

wherein the electronic settlement message further comprises revenue grade metrology associated with the at least one grid element and the at least one KWP unit for the market-based financial settlement corresponding to the participation of the at least one grid element within the electric power grid.

15. The system of claim 14, wherein the electronic settlement message further comprises at least one power supply value (PSV) associated with the at least one grid element, wherein the at least one coordinator and/or the settlement processor is operable to aggregate the at least one PSV and the at least one KWP unit to form a power trading block (PTB).

16. The system of claim 14, wherein the at least one grid element acts as a master grid element and/or a virtual grid element representing a multiplicity of grid elements, wherein the multiplicity of grid elements aggregate and/or integrate through the master grid element and/or the virtual grid element.

17. The system of claim 16, wherein each of the multiplicity of grid elements transforms into sub-grid elements upon an aggregation and/or an integration, wherein the electronic settlement message includes information for a unique financial settlement that corresponds to each sub-grid element.

18. The system of claim 16, wherein the multiplicity of grid elements comprise a microgrid.

19. The system of claim 16, wherein the multiplicity of grid elements includes a smart meter, and wherein the smart meter is operable to track and communicate data associated with at least one of a thermostat, a building control system, an HVAC system, and any other system that provides for controlling or indicating environmental conditions including humidity, temperature, lighting, and security.

20. The system of claim 14, wherein the electronic 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 KWP value, a grid element power supply value (PSV), a grid element power trade block (PTB) value, a grid element balancing authority association, a grid element owner identifier, a grid element compatibility identifier, and combinations thereof.