Patents Assigned to Causam eXchange, Inc.
  • Patent number: 11899482
    Abstract: Systems and methods for managing power on an electric power grid including a server for communicating IP-based messages over a network with distributed power consuming devices and/or power supplying devices, the IP-based messages including information relating to activities by the power consuming devices and/or the power supplying devices; and wherein the information is transformed by the system into settlement grade data corresponding to the activities of the power consuming devices and/or the power supplying devices.
    Type: Grant
    Filed: November 5, 2020
    Date of Patent: February 13, 2024
    Assignee: CAUSAM EXCHANGE, INC.
    Inventor: Joseph W. Forbes, Jr.
  • Patent number: 11899483
    Abstract: Systems and methods for managing power supplied over an electric power grid by an electric utility and/or other market participants to multiple power consuming devices, each of which having a Power Supply Value (PSV) associated with its energy consumption and/or reduction in consumption. Power flow to the power consuming devices is selectively enabled and disabled, or power-reduced thereto, by one or more controllable devices controlled by the client device. Power control messages from a controlling server indicate amounts of electric power to be reduced and an identification of at least one controllable device to be instructed to disable or reduce a flow of electric power to one or more associated power consuming devices.
    Type: Grant
    Filed: February 25, 2022
    Date of Patent: February 13, 2024
    Assignee: CAUSAM EXCHANGE, INC.
    Inventor: Joseph W. Forbes, Jr.
  • Patent number: 11816744
    Abstract: Systems and methods for market-based financial settlement of transactions within an electric power grid are disclosed. At least one active grid element is constructed and configured in Internet Protocol (IP)-based network communication with a settlement processor via at least one coordinator in real-time or in a predetermined timeframe. The at least one active grid element generates revenue grade metrology data based on measurement and verification for a participation of the at least one active grid element in the electric power grid. The at least one active grid element provides automated messaging to the settlement processor. The settlement processor provides a market-based financial settlement message based upon the revenue grade metrology data and a kilowatt packet (KWP) unit. The KWP unit provides a quantifying market rate for monetization for any unit of kilowatts with respect to time.
    Type: Grant
    Filed: February 25, 2022
    Date of Patent: November 14, 2023
    Assignee: CAUSAM EXCHANGE, INC.
    Inventor: Joseph W. Forbes, Jr.
  • Patent number: 11803921
    Abstract: Systems, methods, and apparatus embodiments for electric power grid and network registration and management of physical and financial settlement for participation of active grid elements in supply and/or curtailment of power. Settlement is provided for grid elements that participate in the electric power grid following initial registration of each grid element with the system, preferably through network-based communication between the grid elements and a coordinator, either in coordination with or outside of an IP-based communications network router. A multiplicity of active grid elements function in the grid for supply capacity, supply and/or load curtailment as supply or capacity, and are compensated through settlement for their functional participation in the electric power grid.
    Type: Grant
    Filed: March 25, 2022
    Date of Patent: October 31, 2023
    Assignee: CAUSAM EXCHANGE, INC.
    Inventor: Joseph W. Forbes, Jr.
  • Patent number: 11798103
    Abstract: Systems and methods for market-based financial settlement in an electric power grid are disclosed. A settlement processor is constructed and configured for IP-based communication with at least one active grid element via at least one coordinator. The at least one active grid element is registered with the at least one coordinator to participate within the electric power grid. The at least one coordinator tracks the at least one active grid element in the electric power grid. The at least one active grid element transmits at least one IP-based settlement message to the settlement processor via the at least one coordinator. The at least one IP-based settlement message comprises at least one kilowatt packet (KWP) unit, and the at least one KWP unit is based on measurement data for a participation of the at least one active grid element in the electric power grid.
    Type: Grant
    Filed: March 4, 2022
    Date of Patent: October 24, 2023
    Assignee: CAUSAM EXCHANGE, INC.
    Inventor: Joseph W. Forbes, Jr.
  • Patent number: 11727509
    Abstract: Systems, methods, and apparatus embodiments for electric power grid and network registration and management of physical and financial settlement for participation of active grid elements in supply and/or curtailment of power, wherein Internet Protocol (IP)-based messages including IP packets are generated by transforming raw data content into settlement grade content. Settlement is provided for grid elements that participate in the electric power grid following initial registration of each grid element with the system, preferably through network-based communication between the grid elements and a coordinator, either in coordination with or outside of an IP-based communications network router. Messaging related to settlement is managed through a network by a coordinator using IP messaging for communication with the grid elements, with the energy management system (EMS), and with the utilities, market participants, and/or grid operators.
    Type: Grant
    Filed: August 27, 2021
    Date of Patent: August 15, 2023
    Assignee: CAUSAM EXCHANGE, INC.
    Inventor: Joseph W. Forbes, Jr.
  • Publication number: 20220215490
    Abstract: Systems, methods, and apparatus embodiments for electric power grid and network registration and management of physical and financial settlement for participation of active grid elements in supply and/or curtailment of power. Settlement is provided for grid elements that participate in the electric power grid following initial registration of each grid element with the system, preferably through network-based communication between the grid elements and a coordinator, either in coordination with or outside of an IP-based communications network router. A multiplicity of active grid elements function in the grid for supply capacity, supply and/or load curtailment as supply or capacity, and are compensated through settlement for their functional participation in the electric power grid.
    Type: Application
    Filed: March 25, 2022
    Publication date: July 7, 2022
    Applicant: Causam eXchange, Inc.
    Inventor: Joseph W. Forbes, Jr.
  • Publication number: 20220188947
    Abstract: Systems and methods for market-based financial settlement in an electric power grid are disclosed. A settlement processor is constructed and configured for IP-based communication with at least one active grid element via at least one coordinator. The at least one active grid element is registered with the at least one coordinator to participate within the electric power grid. The at least one coordinator tracks the at least one active grid element in the electric power grid. The at least one active grid element transmits at least one IP-based settlement message to the settlement processor via the at least one coordinator. The at least one IP-based settlement message comprises at least one kilowatt packet (KWP) unit, and the at least one KWP unit is based on measurement data for a participation of the at least one active grid element in the electric power grid.
    Type: Application
    Filed: March 4, 2022
    Publication date: June 16, 2022
    Applicant: Causam eXchange, Inc.
    Inventor: Joseph W. Forbes, JR.
  • Publication number: 20220180454
    Abstract: Systems and methods for market-based financial settlement of transactions within an electric power grid are disclosed. At least one active grid element is constructed and configured in Internet Protocol (IP)-based network communication with a settlement processor via at least one coordinator in real-time or in a predetermined timeframe. The at least one active grid element generates revenue grade metrology data based on measurement and verification for a participation of the at least one active grid element in the electric power grid. The at least one active grid element provides automated messaging to the settlement processor. The settlement processor provides a market-based financial settlement message based upon the revenue grade metrology data and a kilowatt packet (KWP) unit. The KWP unit provides a quantifying market rate for monetization for any unit of kilowatts with respect to time.
    Type: Application
    Filed: February 25, 2022
    Publication date: June 9, 2022
    Applicant: Causam eXchange, Inc.
    Inventor: Joseph W. Forbes, JR.
  • Patent number: 11288755
    Abstract: Systems, methods, and apparatus embodiments for electric power grid and network registration and management of physical and financial settlement for participation of active grid elements in supply and/or curtailment of power. Settlement is provided for grid elements that participate in the electric power grid following initial registration of each grid element with the system, preferably through network-based communication between the grid elements and a coordinator, either in coordination with or outside of an IP-based communications network router. A multiplicity of active grid elements function in the grid for supply capacity, supply and/or load curtailment as supply or capacity, and are compensated through settlement for their functional participation in the electric power grid.
    Type: Grant
    Filed: November 25, 2019
    Date of Patent: March 29, 2022
    Assignee: CAUSAM EXCHANGE, INC.
    Inventor: Joseph W. Forbes, Jr.
  • Publication number: 20220092708
    Abstract: Systems and methods for market-based financial settlement in an electric power grid are disclosed. At least one active grid element is constructed and configured in network communication with a settlement processor. The at least one active grid element participates in the electric power grid by consuming power, supplying power, and/or curtailing power to provide operating reserves and/or grid stability for the electric power grid. The at least one active grid element generates at least one kilowatt packet (KWP) unit based upon measured data for the participation in the electric power grid. The at least one active grid element transmits at least one IP-based settlement message to the settlement processor. The settlement processor provides a market-based financial settlement for the participation of the at least one active grid element based on the at least one KWP unit in real time or near real time.
    Type: Application
    Filed: December 3, 2021
    Publication date: March 24, 2022
    Applicant: Causam eXchange, Inc.
    Inventor: Joseph W. Forbes, JR.
  • Patent number: 11270392
    Abstract: Systems and methods for market-based financial settlement in an electric power grid are disclosed. A settlement processor is constructed and configured for IP-based communication with at least one active grid element via at least one coordinator. The at least one active grid element is registered with the at least one coordinator to participate within the electric power grid. The at least one coordinator tracks the at least one active grid element in the electric power grid. The at least one active grid element transmits at least one IP-based settlement message to the settlement processor via the at least one coordinator. The at least one IP-based settlement message comprises at least one kilowatt packet (KWP) unit, and the at least one KWP unit is based on measurement data for a participation of the at least one active grid element in the electric power grid.
    Type: Grant
    Filed: January 3, 2020
    Date of Patent: March 8, 2022
    Assignee: CAUSAM EXCHANGE, INC.
    Inventor: Joseph W. Forbes, Jr.
  • Patent number: 11263710
    Abstract: Systems and methods for market-based financial settlement of transactions within an electric power grid are disclosed. At least one active grid element is constructed and configured in Internet Protocol (IP)-based network communication with a settlement processor via at least one coordinator in real-time or in a predetermined timeframe. The at least one active grid element generates revenue grade metrology data based on measurement and verification for a participation of the at least one active grid element in the electric power grid. The at least one active grid element provides automated messaging to the settlement processor. The settlement processor provides a market-based financial settlement message based upon the revenue grade metrology data and a kilowatt packet (KWP) unit. The KWP unit provides a quantifying market rate for monetization for any unit of kilowatts with respect to time.
    Type: Grant
    Filed: November 25, 2019
    Date of Patent: March 1, 2022
    Assignee: CAUSAM EXCHANGE, INC.
    Inventor: Joseph W. Forbes, Jr.
  • Publication number: 20210390634
    Abstract: Systems, methods, and apparatus embodiments for electric power grid and network registration and management of physical and financial settlement for participation of active grid elements in supply and/or curtailment of power, wherein Internet Protocol (IP)-based messages including IP packets are generated by transforming raw data content into settlement grade content. Settlement is provided for grid elements that participate in the electric power grid following initial registration of each grid element with the system, preferably through network-based communication between the grid elements and a coordinator, either in coordination with or outside of an IP-based communications network router. Messaging related to settlement is managed through a network by a coordinator using IP messaging for communication with the grid elements, with the energy management system (EMS), and with the utilities, market participants, and/or grid operators.
    Type: Application
    Filed: August 27, 2021
    Publication date: December 16, 2021
    Applicant: Causam eXchange, Inc.
    Inventor: Joseph W. Forbes, JR.