SYSTEM, METHOD, AND APPARATUS FOR SETTLEMENT FOR PARTICIPATION IN AN ELECTRIC POWER GRID

Number of patents in Portfolio can not be more than 2000

United States of America

APP PUB NO 20200027175A1
SERIAL NO

16531881

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Abstract

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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, wherein Internet Protocol (IP)-based messages including IP packets are generated by transforming raw data content into settlement grade content. 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. 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.

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Patent Owner(s)

  • CAUSAM ENTERPRISES, INC.

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Forbes,, JR Joseph W Raleigh, US 127 3673

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