System, method, and apparatus for settlement for participation in an electric power grid

摘要

Systems, methods, and apparatus embodiments for electric power grid and network registration and management of physical and financial settlement for participation of active grid elements in supply and/or curtailment of power, wherein Internet Protocol (IP)-based messages including IP packets are generated by transforming raw data content into settlement grade content. Settlement is provided for grid elements that participate in the electric power grid following initial registration of each grid element with the system, preferably through network-based communication between the grid elements and a coordinator, either in coordination with or outside of an IP-based communications network router. Messaging related to settlement is managed through a network by a Coordinator using IP messaging for communication with the grid elements, with the energy management system (EMS), and with the utilities, market participants, and/or grid operators.

主权项

1. A method for market-based financial settlement of transactions within an electric power grid comprising:
a settlement processor for market-based financial transactions, and a legacy settlement processor, each comprising a server and/or a processor operatively coupled with a memory, and a database constructed and configured for electrical connection and internet protocol (IP)-based communication via a network with at least one coordinator; each of the at least one coordinator communicating IP-based network messages to the settlement processor from at least one active grid element that is registered to participate within the electric power grid, wherein the IP-based network messages include revenue grade metrology for the at least one active grid element; the settlement processor generating information for the market-based financial settlement for each of the at least on active grid element using the revenue grade metrology for the at least one active grid element; transmitting a settlement message via IP-based messaging to the legacy settlement processor, wherein the settlement message further includes an IP packet having information relating to the market-based financial settlement corresponding to the participation of the at least one active grid element within the electric power grid.