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System and method for creating and operating an enhanced distributed energy network or virtual power plant

  • US 20030144864A1
  • Filed: 07/11/2002
  • Published: 07/31/2003
  • Est. Priority Date: 07/11/2001
  • Status: Active Grant
First Claim
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1. A method for managing an electrical energy distribution network of local power production units over a distributed computing network comprising the steps of, (a) receiving and storing data relating to the operating performance of a plurality of local power production units;

  • (b) receiving and storing data relating to the local power consumption for the plurality of local power production units;

    (c) determining the available aggregate quantity of excess power generation capacity for the plurality of local power production units based upon the operating performance data and the power consumption data;

    (d) communicating to at least one power purchasing entity an offer to sell at least part of the available aggregate quantity of excess power generation capacity of the plurality of local power production units;

    (e) receiving from at least one power purchasing entity an order to purchase a quantity of excess power generated by the local power production units;

    (f) communicating with the plurality of local power production units to provide each local power production unit with instructions regarding the quantity of power to be produced by that unit; and

    (g) receiving and storing data relating to the quantity of power transmitted to at least one power purchasing entity by each local power production unit.

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