Importance

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Abstract

A method and apparatus for virtually generating electricity for use by electric utilities provide a virtual electric utility. In one embodiment, a non-power generating electric utility enters into a supply agreement to acquire electric power from an electric power generating entity. During a term of the agreement, the non-power generating utility intentionally refrains from receiving at least some of the electric power to which it is entitled under the agreement to produce deferred electric power. The non-power generating utility offers to supply the deferred electric power to third party, such as an electric power supplier or an electric power consumer. The power deferment is preferably achieved through issuance of power control commands to a load management system. In another embodiment, an independent third party controls the load management system to function as an alternative energy supplier by virtually supplying deferred electric power back to a power grid.

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First Claim