Patent attributes
The power flexibility of energy loads is maximized using a value function for each load and outputting optimal control parameters. Loads are aggregated into a virtual load by maximizing a global value function. The solution yields a dispatch function providing: a percentage of energy for each individual load, a time-varying power level for each load, and control parameters and values. An economic term represents the value of the power flexibility to different players. A user interface includes for each time interval upper and lower bounds representing respectively the maximum power that may be reduced to the virtual load and the maximum power that may be consumed. A trader modifies an energy level in a time interval relative to the reference curve for the virtual load. Automatically, energy compensation for other intervals and recalculation of upper and lower boundaries occurs. The energy schedule for the virtual load is distributed to the actual loads.
