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METHOD AND SYSTEM TO CO-OPTIMIZE UTILIZATION OF DEMAND RESPONSE AND ENERGY STORAGE RESOURCES

  • US 20130282193A1
  • Filed: 04/20/2012
  • Published: 10/24/2013
  • Est. Priority Date: 04/20/2012
  • Status: Active Grant
First Claim
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1. A method to provide co-optimized utilization of demand response and energy storage resources in an electrical grid system, comprising:

  • obtaining a grid system load;

    estimating a dispatch cost in connection with the grid system load;

    evaluating a marginal savings relative to the dispatch cost if a demand response event is performed;

    evaluating a marginal savings relative to the dispatch cost if an energy storage event is performed;

    determining a control strategy to perform a dispatch comprising a demand response event and/or an energy storage event, which is selected to co-optimize an integrated utilization of the demand response and energy storage resources to meet a given objective based at least in part on the respective marginal savings of the demand response event and/or the energy storage event, wherein said control strategy is further based on parameters indicative of an aggregate of hybrid operational capabilities resulting from the integrated utilization of the demand response and energy storage resources relative to the given objective; and

    performing a dispatch consistent with the determined control strategy.

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