US Patent Issued to Rainforest Automation on April 1 for "Dynamic energy management and cost optimization in local grids" (Canadian Inventors)

ALEXANDRIA, Va., April 2 -- United States Patent no. 12,266,938, issued on April 1, was assigned to Rainforest Automation Inc. (Vancouver, Canada).

"Dynamic energy management and cost optimization in local grids" was invented by Richard Thomas Jones (Port Coquitlam, Canada), Christopher Stanley James Tumpach (Vancouver, Canada), Md. Zulfiquar Ali Bhotto (Surrey, Canada), Ivan Bajic (West Vancouver, Canada) and Stephen William Makonin (Burnaby, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for dynamic management of energy usage in local grids are provided. An example method is performed by a load distribution controller coupled to a power source and an energy storage device configu...