Patent ID: 11899482
Assignee: CAUSAM EXCHANGE, INC.
Field: Electrical machinery, apparatus, energy (Electrical engineering)
Classification: CPC G  H  Y | IPC G  H

Claim 15:
16. A system for managing power information for generating operating reserves on an electric power grid comprising:
a server constructed and configured for communication over a network for communicating Internet Protocol (IP)-based messages with a plurality of grid elements; and
a database for storing information including revenue grade metrology data from at least one revenue grade meter or at least one revenue grade sub-meter relating to activities of each one of the plurality of grid elements;
wherein the IP-based messages comprise an amount of power available to be reduced to the plurality of grid elements;
wherein the server initiates power control instructions causing the at least one of the plurality of grid elements to reduce consumed power;
wherein a measurement and verification is generated for an actual reduction in consumed power for each one of the at least one of the plurality of grid elements;
wherein the plurality of grid elements includes at least one smart thermostat;
wherein the measurement and verification provides an actual value corresponding to the actual reduction in consumed power for each one of the at least one of the plurality of grid elements;
wherein the actual value is based on comparison to a baseline power consumption by each one of the at least one grid element; and
wherein the plurality of grid elements includes at least one heating, ventilation, and air conditioning (HVAC) device.