The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Mar. 22, 2022
Filed:
Jan. 09, 2020
Midcontinent Independent System Operator, Inc., Carmel, IN (US);
Oluwaseyi W. Akinbode, Carmel, IN (US);
Akshay S. Korad, Carmel, IN (US);
Gary Waldo Rosenwald, Bellevue, WA (US);
Yonghong Chen, Zionsville, IN (US);
Kevin Vannoy, Carmel, IN (US);
Fengyu Wang, Carmel, IN (US);
Midcontinent Independent System Operator, Inc., Carmel, IN (US);
Abstract
A method for operating an electrical power grid, which includes an electrical power grid, a plurality of power generation participants providing electrical power to the electrical power grid, a plurality of consumers drawing electrical power from the electrical power grid, and a controller that administers the market for the power generation participants and the consumers on the electrical power grid. The method may include providing, by the controller, a short-term reserve (STR) product for the consumers. The STR may be provided by the power generation participants through online resources and offline resources. And the controller may share a ramp capability product (RCP) capacity and a resource capacity.