Method and system for managing a load demand on an...

Details Method and system for managing a load demand on an... Method and system for managing a load demand on an...

2009-05-15

2011-11-29

Patel, Ramesh (Department: 2121)

Data processing: generic control systems or specific application

Specific application, apparatus or process

Electrical power generation or distribution system

C700S286000, C700S291000, C700S297000, C702S060000, C702S061000

Reexamination Certificate

active

08068938

ABSTRACT:
A method for managing electrical demand on a power grid in response to electrical supply conditions is described. The method includes determining a first energy demand forecast using stored information, determining a first energy supply forecast based on a known energy production and transmission capacity, and comparing the first energy demand forecast to the first energy supply forecast. The method also includes transmitting at least one of an adjusted price signal and an electrical load shedding signal to a customer over a bi-directional communication system based on the comparison of the first energy demand forecast to the first energy supply forecast.

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