NESTED, HIERARCHICAL RESOURCE ALLOCATION SCHEMA FOR MANAGEMENT AND CONTROL OF AN ELECTRIC POWER GRID

摘要

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.