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US Patent 9425620 Nested, hierarchical resource allocation schema for management and control of an electric power grid

Patent 9425620 was granted and assigned to Battelle Memorial Institute on August, 2016 by the United States Patent and Trademark Office.

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Is a
Patent
Patent
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Patent attributes

Current Assignee
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Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
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Patent Number
94256200
Patent Inventor Names
David P. Chassin0
Robert G. Pratt0
Date of Patent
August 23, 2016
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Patent Application Number
126862430
Date Filed
January 12, 2010
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Patent Citations Received
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US Patent 11676222 Controlling the status of frequency-managed electric devices
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...
Patent Primary Examiner
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George Chen
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Patent abstract

Disclosed herein are representative embodiments of methods, apparatus, and systems for distributing a resource (such as electricity) using a resource allocation system. In one exemplary embodiment, a system is disclosed comprising a first feeder network configured to deliver electrical power to a first plurality of customers. The first feeder network is controlled by a first market-based pricing system that computes a first feeder network price of electrical power at first periodic intervals. The system of this embodiment further comprises a second feeder network configured to deliver electrical power to a second plurality of customers. The second feeder network is controlled by a second market-based pricing system that computes a second feeder network price of electrical power at second periodic intervals. In this exemplary embodiment, the first feeder network and the second feeder network are part of a same distribution network, and the first feeder network price of electrical power is different than the second feeder network price of electrical power.

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