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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 9,989,982 B2
  • Filed: 08/31/2016
  • Issued: 06/05/2018
  • 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 power consuming device and at least one power supplying device;

    wherein the IP-based messages comprise an amount of power consumed and an amount of power available to be reduced by the at least one power consuming device and an amount of power supplied and an amount of power available to be supplied by the at least one power supplying device;

    a database for storing information including revenue grade metrology data from at least one revenue grade meter or sub-meter within a time interval relating to activities of the at least one power consuming device and the at least one power supplying device;

    wherein the amount of power available to be reduced to the at least one power consuming device is transformed into a supply equivalency value accepted by a governing entity based on measurement and verification, wherein the supply equivalency value provides for a curtailment value as a requirement for providing supply to the electric power grid;

    wherein the server initiates power control instructions causing the at least one power consuming device to reduce consumed power based on the information stored in the database and the supply equivalency value;

    wherein the operating reserves are generated based on the supply equivalency value from the at least one power consuming device and the amount of power available to be supplied by the at least one power supplying device.

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