Patent ID: 9256905
Filing Date: 2016-02-09
CPC Classification: G05B,G06Q,H02J

Claim Text:
1. A method for dynamically distributing electric power in an electric network having distribution networks, comprising the steps of: (a) receiving by a control node bids and asks of electric power and a signal from one or more feedback sensors related to current supply and demand conditions on an electric network including power consumption by end users through a feedback loop; (b) matching by the control node the bids and asks; and (c) generating by the control node a route plan for delivering electric power between buyers and sellers based on the matched bids and asks, the signal from the one or more feedback sensors received through the feedback loop, and at least one of price, quality of service, and class of service, the route plan adjusting power flow to the electric network to balance load and resources on the electric network.