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United States Patent Application

View the Complete Application at the US Patent & Trademark Office
Pacific Northwest National Laboratory - Visit the Technology Commercialization Program Website
Disclosed herein are exemplary embodiments of methods and systems that can be used to implement transactive control schemes for use in distributed transactive control power distribution systems. Embodiments of the disclosed technology include design methodologies that can be used to identify utility negotiation strategies that guarantee price-discovery in a finite time. Exemplary auctionless price discovery methods utilize a convergence acceleration factor that reduces the number of iterations between a supplier and a consumer transactive controller that are needed to reach agreement on an mutually acceptable price and quantity of electricity to transfer from the electricity supplier to the electricity consumer.
Chassin, David P. (Pasco, WA)
Battelle Memorial Institute (Richland WA)
15/ 168,518
May 31, 2016
ACKNOWLEDGMENT OF GOVERNMENT SUPPORT [0002] This invention was made with government support under DE-AC05-76RL01830 awarded by the U.S. Department of Energy. The government has certain rights in the invention.