Patent ID: 9576327
Date: 2017-02-21
CPC Classifications: G05B,G06Q,H02J,Y04S

Claim:
1. A method for regulating and modifying the intra-day electrical load, the method comprising the steps of: monitoring electrical load demand in an electrical power distribution system and controlling the distribution of electrical power from an electrical power generator to a plurality of customers through an electrical grid; dividing a day into a plurality of time periods; expressing an electrical load during each one of the plurality of time periods as a function of a customer utility valuation of electricity consumption during the plurality of time periods and a time-substitutability of customer demand among the plurality of time periods, the customer utility valuation comprising a function of at least one incentive signal capable of being adjusted to affect a modification in electricity consumption by customers during each one of the plurality of time periods; and calculating a fraction of total daily electrical usage for each time period by dividing the electrical load for that time period by a sum of all electrical loads for all time periods and by shifting customer demand and electrical load among the plurality of time periods.