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System and methods for actively managing electric power over an electric power grid and providing revenue grade data usable for settlement

  • US 10,768,653 B2
  • Filed: 04/20/2018
  • Issued: 09/08/2020
  • Est. Priority Date: 06/20/2012
  • Status: Active Grant
First Claim
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1. A system for managing power information on an electric power grid, comprising:

  • a server processor constructed and configured for communicating Internet Protocol-based (IP-based) messages with a plurality of power consuming devices, wherein the IP-based messages include information relating to activities by the plurality of power consuming devices;

    at least one active load client operable to control at least one power consuming device and receive at least one IP-based power reduction message including information relating to an amount of power to be reduced for the at least one power consuming device;

    wherein the at least one active load client is further operable to automatically reduce an amount of power supplied to the at least one power consuming device in response to the at least one IP-based power reduction message;

    wherein the IP-based power reduction message includes instructions for managing power control events;

    wherein the server processor is operable to transform the information included in the IP-based messages into settlement grade data; and

    wherein the settlement grade data includes a quantification of revenue grade power available to be reduced by the activities of the at least one power consuming device and revenue grade power available to be supplied by the activities of the at least one power supplying device; and

    wherein the settlement grade data is aggregated to reach a size of at least a single Power Trade Block (PTB) unit to trade and settle the amount of revenue grade power available to be reduced in real time or near real time.

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