ALEXANDRIA, Va., July 30 -- United States Patent no. 12,372,993, issued on July 29, was assigned to Causam Enterprises Inc. (Raleigh, N.C.).

"System and methods for actively managing electric power over an electric power grid and providing revenue grade data usable for settlement" was invented by Joseph W. Forbes Jr. (Raleigh, N.C.).

According to the abstract* released by the U.S. Patent & Trademark Office: "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 dev...