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SMART GRID PRICE RESPONSE SERVICE FOR DYNAMICALLY BALANCING ENERGY SUPPLY AND DEMAND

  • US 20100138363A1
  • Filed: 06/12/2009
  • Published: 06/03/2010
  • Est. Priority Date: 06/12/2009
  • Status: Abandoned Application
First Claim
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1. A method for balancing energy supply with energy demand between a plurality of energy consumers and one or more energy providers, comprising steps for:

  • providing a statistical model of price-based energy demand characteristics of a plurality of energy consumers;

    periodically evaluating the statistical model in combination with a model of available energy supply one or more energy providers to determine optimal real-time energy pricing for balancing an actual energy demand of the energy consumers relative to the available energy supply;

    periodically reporting the real-time energy pricing to the energy consumers and the energy providers;

    delivering energy to one or more of the each energy consumers from one or more of the energy providers; and

    monitoring actual energy consumer energy usage over time to record the energy use of each energy consumer relative to the corresponding real-time energy pricing.

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