ALEXANDRIA, Va., April 21 -- United States Patent no. 12,609,530, issued on April 21, was assigned to Smart Wires Inc. (Durham, N.C.).

"Dynamic computation and heirarchical control of assets of a power grid using shunt and series connected FACTS devices" was invented by Frank Kreikebaum (Seattle) and Haroon Inam (San Jose, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A flexible alternating current transmission system (FACTS)-based shunt system is described for use in a hierarchy in a high-voltage or medium-voltage power grid. The shunt system includes a FACTS-based shunt device, a communication link, and a shunt controller. A hierarchy in the power grid includes a supervisory utility communicably co...