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:
Apr. 12, 2022
Filed:
Nov. 06, 2017
Tata Consultancy Services Limited, Mumbai, IN;
Kundan Kandhway, Chennai, IN;
Arunchandar Vasan, Chennai, IN;
Srinarayana Nagarathinam, Chennai, IN;
Venkatesh Sarangan, Chennai, IN;
Anand Sivasubramaniam, Chennai, IN;
Tata Consultancy Services Limited, Mumbai, IN;
Abstract
Electrical utilities offer incentives to customers to reduce consumption during periods of demand-supply mismatch. A building's participation in demand response (DR) depends both on its ability (due to building constraints), and its willingness (a function of incentive) to reduce electricity. Customers prefer a large incentive whereas a utility would want to minimize the revenue outflow to achieve a target reduction. Systems and methods of the present disclosure identify optimal incentive from the utility's perspective reflecting this trade-off. A model is built to estimate the demand response potential (DRP) of a building for a given incentive offered by the utility. The models for individual buildings are used to characterize the behavior of an ensemble of buildings. The utility may then decide optimum incentives that should be offered to achieve a target DR, using the associated DRP.