SYSTEM AND METHODS FOR CREATING DYNAMIC NANO GRIDS AND FOR AGGREGATING ELECTRIC POWER CONSUMERS TO PARTICIPATE IN ENERGY MARKETS

A group of homes, businesses, or other electric power consuming premises are aggregated and commonly controlled to dynamically reduce loads in sufficient quantities, and with sufficient rapidity and duration, to participate as a market 5 participant in the energy markets including participating as a...

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Bibliographic Details
Main Authors Demeo, Anna E, Eschholz, Siegmar K, Dillon, William H, Madonna, Robert P
Format Patent
LanguageEnglish
Published 02.05.2024
Subjects
CIRCUIT ARRANGEMENTS OR SYSTEMS FOR SUPPLYING OR DISTRIBUTINGELECTRIC POWER
CONVERSION OR DISTRIBUTION OF ELECTRIC POWER
ELECTRICITY
GENERATION
SYSTEMS FOR STORING ELECTRIC ENERGY
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Summary:A group of homes, businesses, or other electric power consuming premises are aggregated and commonly controlled to dynamically reduce loads in sufficient quantities, and with sufficient rapidity and duration, to participate as a market 5 participant in the energy markets including participating as a peaking power plant. While the amount of reduced power consumption for a single premises is typically quite small, the total reduced consumption of an aggregation of just a few thousand homes or businesses may be on the order of hundreds of kilowatts. A premises power controller in conjunction with intelligent circuit breakers, which may include 10 dimmers, enable dynamic management of individual loads in each premises.
Bibliography:Application Number: AU20220259772