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

US9425620B2 · kind B2 · utility

Assignee

• Battelle Memorial Institute · CH

Inventors

• David P. Chassin · Pasco, US
• Robert G. Pratt · Farmington Hills, US

Key dates

• Filing date: Jan 12, 2010
• Grant date: Aug 23, 2016
• Expiry date: Jun 13, 2031

Classification

• Technology area (CPC Y): Emerging Cross-Sectional Technologies
• CPC primary: Y04S50/14
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

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.