US Patent Issued to LG ENERGY SOLUTION on Feb. 17 for "Energy storage system for optimum operation of demand response resource and operating method thereof" (South Korean Inventor)

ALEXANDRIA, Va., Feb. 17 -- United States Patent no. 12,556,003, issued on Feb. 17, was assigned to LG ENERGY SOLUTION LTD. (Seoul, South Korea).

"Energy storage system for optimum operation of demand response resource and operating method thereof" was invented by Daesoo Kim (Daejeon, South Korea).

According to the abstract* released by the U.S. Patent & Trademark Office: "An energy storage system is provided as a demand response resource which is associated with a virtual power plant (VPP) system. The energy storage system can include a power generation device for producing electric power, a battery for storing power, an energy management apparatus for monitoring a power generation state and a power consumption state and to establish an ...