US Patent Issued to EIPGRID on Nov. 3 for "Method and system for balancing energy demand-supply at community level based on self-demand response" (South Korean Inventors)

ALEXANDRIA, Va., Nov. 3 -- United States Patent no. 12,784,115, issued on Nov. 3, was assigned to EIPGRID INC. (Seoul, South Korea).

"Method and system for balancing energy demand-supply at community level based on self-demand response" was invented by Whee Sung Lee (Gyeonggi-do, South Korea) and Jeom Bae Park (Seoul, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "A method of balancing energy demand-supply at a community level based on self-demand response obtains balance of energy demand-supply at a community level. The method achieves and manages the balance of energy demand-supply within the community itself by creating a balancing group in units of time zones and using a reserve margin of the...