Method and system for using demand side resources to provide frequency regulation using a dynamic allocation of energy resources

Abstract

Dispatch engines service endpoints by transmitting dispatch signals to the serviced endpoints that cause the endpoints to adjust their electric power consumption from the electric power grid in accord with a control signal received by the dispatch engine. A market interface dispatch engine receives its control signal from an electric power grid managing entity, and downstream dispatch engines form a hierarchy cascading downstream from the market interface dispatch engine with each downstream dispatch engine being an endpoint serviced by a dispatch engine located upstream in the hierarchy. The control signal received by each downstream dispatch engine comprises dispatch signals transmitted by the upstream dispatch engine. The endpoints further include electric power-consuming loads. A suitable load controller comprises separate power interface and logic elements operatively connected to define the load controller, with the logic element powered by low voltage DC power received from the power interface element.