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System and Methods for Actively Managing Electric Power Over an Electric Power Grid

  • US 20170025860A1
  • Filed: 10/07/2016
  • Published: 01/26/2017
  • Est. Priority Date: 06/20/2012
  • Status: Active Grant
First Claim
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1. A system for managing power on an electric power grid, comprising:

  • a server operable for communicating IP-based messages with distributed power consuming devices and distributed power supplying devices;

    a database operable for storing load and supply resource information comprising an amount of power available to be reduced by each of the distributed power consuming devices and an amount of power available to be supplied by each of the distributed power supplying devices and generating a supply equivalence value for each of the distributed power consuming devices based on the power available to be consumed by each of the distributed power consuming devices;

    wherein the system is operable to provide operating reserves and make financial settlements based on the supply equivalence value for each of the distributed power consuming devices and the power available to be supplied by each of the distributed power supplying devices; and

    wherein the server is operable to receive or initiate power control commands requiring a change in an amount of electric power consumed by the distributed power consuming device and/or a change in an amount of power supplied by the distributed power supplying devices.

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