System, method, and apparatus for settlement for participation in an electric power grid

• US 8,583,520 B1
• Filed: 01/22/2013
• Issued: 11/12/2013
• Est. Priority Date: 10/24/2012
• Status: Active Grant

• Current Assignee: Causam Exchange Incorporated
• Original Assignee: Causam Holdings LLC
• Inventors: Forbes, Joseph W. Jr.
• Primary Examiner(s): Gart, Matthew
• Assistant Examiner(s): Hayles, Ashford S
• Application Number:
  US13/746,703
• Time in Patent Office: 294 Days
• Field of Search: 705/34, 705/1, 340/870.02, 700/295, 700/286
• US Class Current: 705/34
• CPC Class Codes: B60L 53/305 Communication interfaces
• CPC Class Codes: B60L 53/63 in response to network capacity
• CPC Class Codes: B60L 53/64 Optimising energy costs, e.g. responding to electricity rates
• CPC Class Codes: B60L 53/68 Off-site monitoring or control, e.g. remote control
• CPC Class Codes: B60L 55/00 Arrangements for supplying energy stored within a vehicle to a power network, i.e. vehicle-to-grid [V2G] arrangements
• CPC Class Codes: G05D 17/00 Control of torque; Control of mechanical power
• CPC Class Codes: G05D 3/12 using feedback
• CPC Class Codes: G06Q 10/00 Administration; Management
• CPC Class Codes: G06Q 20/102 Bill distribution or payments
• CPC Class Codes: G06Q 20/14 specially adapted for billing systems
• CPC Class Codes: G06Q 20/145 Payments according to the detected use or quantity
• CPC Class Codes: G06Q 30/0206 Price or cost determination based on market factors
• CPC Class Codes: G06Q 30/0283 Price estimation or determination
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/06 Energy or water supply
• CPC Class Codes: G07F 15/008 Rewarding for providing delivery of electricity to the network
• CPC Class Codes: H02J 13/00 Circuit arrangements for providing remote indication of network conditions, e.g. an instantaneous record of the open or closed condition of each circuitbreaker in the network; Circuit arrangements for providing remote control of switching means in a power distribution network, e.g. switching in and out of current consumers by using a pulse code signal carried by the network
• CPC Class Codes: H02J 13/00028 involving the use of Internet protocols
• CPC Class Codes: H02J 13/00034 : the elements or equipment being or involving an electric power substation
• CPC Class Codes: H02J 2203/20 : Simulating, e g planning, reliability check, modelling or computer assisted design [CAD]
• CPC Class Codes: H02J 3/008 : involving trading of energy or energy transmission rights
• CPC Class Codes: H04L 69/22 : Parsing or analysis of headers
• CPC Class Codes: H04L 69/325 : in the network layer [OSI layer 3], e.g. X.25 H04L69/16 takes precedence
• CPC Class Codes: Y02E 60/00 : Enabling technologies; Technologies with a potential or indirect contribution to GHG emissions mitigation
• CPC Class Codes: Y02P 80/10 : Efficient use of energy, e.g. using compressed air or pressurized fluid as energy carrier
• CPC Class Codes: Y02P 90/845 : Inventory and reporting systems for greenhouse gases [GHG]
• CPC Class Codes: Y02T 10/70 : Energy storage systems for electromobility, e.g. batteries
• CPC Class Codes: Y02T 10/7072 : Electromobility specific charging systems or methods for batteries, ultracapacitors, supercapacitors or double-layer capacitors
• CPC Class Codes: Y02T 90/12 : Electric charging stations
• CPC Class Codes: Y02T 90/14 : Plug-in electric vehicles
• CPC Class Codes: Y02T 90/16 : Information or communication technologies improving the operation of electric vehicles
• CPC Class Codes: Y02T 90/167 : Systems integrating technologies related to power network operation and communication or information technologies for supporting the interoperability of electric or hybrid vehicles, i.e. smartgrids as interface for battery charging of electric vehicles [EV] or hybrid vehicles [HEV]
• CPC Class Codes: Y04S 10/126 : the energy generation units being or involving electric vehicles [EV] or hybrid vehicles [HEV], i.e. power aggregation of EV or HEV, vehicle to grid arrangements [V2G]
• CPC Class Codes: Y04S 30/14 : Details associated with the interoperability, e.g. vehicle recognition, authentication, identification or billing
• CPC Class Codes: Y04S 40/128 : involving the use of Internet protocol
• CPC Class Codes: Y04S 50/10 : Energy trading, including energy flowing from end-user application to grid
• CPC Class Codes: Y04S 50/12 : Billing, invoicing, buying or selling transactions or other related activities, e.g. cost or usage evaluation
• CPC Class Codes: Y04S 50/14 : Marketing, i.e. market research and analysis, surveying, promotions, advertising, buyer profiling, customer management or rewards

Abstract

Systems, methods, and apparatus embodiments for electric power grid and network registration and management of physical and financial settlement for participation of active grid elements in supply and/or curtailment of power. Settlement is provided for grid elements that participate in the electric power grid following initial registration of each grid element with the system, preferably through network-based communication between the grid elements and a coordinator, either in coordination with or outside of an IP-based communications network router. A multiplicity of active grid elements function in the grid for supply capacity, supply and/or load curtailment as supply or capacity, and are compensated through settlement for their functional participation in the electric power grid. Also, messaging related to settlement is managed through a network by a Coordinator using IP messaging for communication with the grid elements, with the energy management system (EMS), and with the utilities, market participants, and/or grid operators.

Claims

1. A system for market-based settlement of transactions within an electric power grid network comprising:

a settlement processor for market-based financial settlements comprising a server and/or a processor operatively coupled with a memory, and a database constructed and configured for electrical connection and IP-based communication via a network with at least one coordinator;

wherein each of the coordinator(s) is constructed and configured for electrical connection and network-based communication with at least one active grid element;

wherein each active grid element is registered to participate within the electric power grid; and

wherein the settlement processor provides a market based financial settlement based upon a kilowatt packet (KWP) unit,

wherein each KWP unit comprises measured data transformed into market settlement data for financial settlement for an electric power load and an electric power supply corresponding to each of the active grid element(s) participation in the electric power grid for the corresponding electric power load and/or the electric power supply, and each KWP unit provides a quantifying market rate for monetization for any unit of kilowatts with respect to time.

2. The system of claim 1, wherein the market based settlement processor operates to provide an automatic and/or autonomous market financial settlement for each of the active grid elements based upon their participation within the electric power grid for providing the electric power supply, for consuming the electric power load, and/or for providing a curtailment of the electric power load that is functionally equivalent to the electric power supply.

3. The system of claim 1, wherein the settlement processor provides a financial settlement based upon the kilowatt packet (KWP) unit, a power supply value (PSV) unit, and/or a power trading block (PTB) unit, wherein the PSV unit is a systematic unit for addressing power curtailment or power supply for providing grid stability, reliability, and frequency, and wherein PTB unit is a standard unit that provides for blocks of energy to be introduced, aggregated, and settled for a market-based financial settlement.

4. The system of claim 1, wherein the participation of the grid element is communicated to the coordinator via an IP-based message over the network.

5. The system of claim 1, wherein the participation of the grid element is communicated to the coordinator via the network in real-time or in a predetermined timeframe.

6. The system of claim 1, further including a multiplicity of grid elements that aggregate and/or integrate through a master grid element and/or a virtual grid element that represents the participation of the multiplicity of grid elements as operationally equivalent to a single grid element with an aggregated KWP unit representing the participation of the multiplicity of grid elements.

7. The system of claim 6, wherein each of the multiplicity of grid elements, upon aggregation or integrations, transform into sub-grid elements.

8. The system of claim 1, wherein a unique market-based financial settlement is provided for each sub-grid element that further includes coordination with at least one virtual ID and/or smart meter.

9. The system of claim 1, wherein each grid element further includes an assigned identifier including an IP address that is unique to that grid element for the market-based financial settlement.

10. The system of claim 1, wherein the at least one grid element is an electrical device that consumes power from the electric power grid, provides power to the electric power grid, and/or measures power consumed or supplied to the electric power grid.

11. The system of claim 1, wherein the at least one grid elements is a control device that operates, programs, and/or updates another grid element.

12. The system of claim 1, wherein the at least one grid element is selected from the group consisting of:

a sensor, a power-consuming device, an appliance, a meter, a switch, a controller, a control device, a power control subsystem integrated with grid element for supply, a thermostat, a building control system, a security device, and combinations thereof.

13. The system of claim 1, wherein each of the at least one grid elements has a unique grid element identifier.

14. The system of claim 13, wherein the unique grid element identifier comprises IP address, equipment identifier, mac address, or combinations thereof.

15. The system of claim 13, wherein the unique grid element identifier further includes location-based factors, time-based factors, grid-function-based factors, and combinations thereof.

16. The system of claim 1, wherein the market based financial settlement of the participation of the at least one grid element is stored in a database.

17. The system of claim 1, wherein each grid element is registered with the system and wherein the registration of grid elements is stored in the databases for predetermined periods of time for use with the market based financial settlement associated with the grid elements.

18. The system of claim 17, wherein information relating to the market based financial settlement of the participation of the at least one grid element is stored in a database, and any raw measurement data is transformed into settled measurements for storage in a database.

19. The system of claim 17, wherein information relating to grid elements participation is transformed from raw data into market settlement data, and wherein the market settlement data is stored in a database.

20. The system of claim 1, further comprising a market based settlement message communicated through the at least one coordinator, the market based settlement message further including an IP-based interface that facilitates communication of the settlement message with the grid elements.

21. The system of claim 20, wherein the IP-based interface is selected from the group consisting essentially of WiMax, High Speed Packet Access (HSPA), Evolution for Data Only (EVDO), Long Term Evolution (LTE), any first or second generation wireless transport method such as EDGE, or Code Division Multiple Access, Ethernet, any proprietary Layer 1-4 protocol that contains or is capable of transporting an Internet Protocol message.

22. The system of claim 1, further comprising:

a security interface associated with each of the grid elements operable to receive security system messages from at least one remotely-located security system.

23. The system of claim 1, further including a market based settlement message having at least one of:

a geodetic reference, a grid element identifier, a grid element type, a grid element function, a grid element capacity, a grid element profile, a grid element attachment point reference, a kilowatt packet (KWP) value, a grid element power supply value (PSV), a grid element power trade block (PTB) value, a grid element balancing authority association, a grid element owner identifier, a grid element compatibility identifier, and combinations thereof.

24. The system of claim 1, wherein the financial settlement includes factors for grid stability-based market pricing, operating reserves-based market pricing, and/or peak and off-peak timing market pricing.