System and method of democratizing power to create a meta-exchange
AssigneeThinkeco Power Inc.
InventorStephen Poh Chew KONG
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AssigneeThinkeco Power Inc.
InventorStephen Poh Chew KONG
Estimating the term…
The present invention provides a system and method for providing democratizing power in a power grid system. In architecture, the system includes a module for receiving a plurality of user preferences concerning load shedding using a graphical user interface, and a module for implementing the user preferences during a grid irregularity. The system is operable to aggregate power in order to facilitate continuous demand response and for emergency purposes. The method of providing democratizing power, can be broadly summarized by the following steps of determining if a device needs a transfer of energy, determining if an electric network connected to the device is able to supply backup power, and determining the quantity of the backup power. The method further includes the steps of determining the cost of the backup power and facilitating payment of the cost of the backup power.
A computer-operated meta-exchange system for providing load management for a power grid comprising a plurality of subscribers connected to said grid, wherein each of said plurality of subscribers is a power consumer and a renewable power generator, said meta-exchange system operating over a communications network and comprising a plurality of software-driven sub-systems stored on a memory device operatively connected to said computer for aggregating power in order to facilitate continuous demand response and for emergency purposes.
In a system comprising a grid comprising a plurality of subscribers connected to said grid, wherein each of said subscribers is concurrently a power consumer and a renewable power generator, a method of load management comprising the following steps:
Dependencies are inferred from the claim text.