US Patent Issued to MIDCONTINENT INDEPENDENT SYSTEM OPERATOR, THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY on June 17 for "Transmission and distribution coordination for distributed energy resources integration to electricity markets" (American, Chinese Inventors)

ALEXANDRIA, Va., June 19 -- United States Patent no. 12,332,678, issued on June 17, was assigned to MIDCONTINENT INDEPENDENT SYSTEM OPERATOR INC. (Carmel, Ind.) and THE TRUSTEES OF THE STEVENS INSTITUTE OF TECHNOLOGY (Hoboken, N.J.).

"Transmission and distribution coordination for distributed energy resources integration to electricity markets" was invented by Yikui Liu (Jersey City, N.J.), Lei Wu (Princeton, N.J.), Yonghong Chen (Zionsville, Ind.) and Yafei Yang (Shaanxi, China).

According to the abstract* released by the U.S. Patent & Trademark Office: "One or more systems and methods according to the present disclosure may apply a model for integrating distribution systems having proliferated distributed energy resources into the indep...