US Patent 11664678 Grid asset manager

An asset manager controls power distribution within an aggregated distributed energy resources system (“DERs system”) having a plurality of assets. The asset manager is configured to operate with a given asset. As such, the asset manager has 1) an interface to receive asset information relating to the given asset and to communicate with another asset manager in the DERs system, and 2) a function generator configured to produce a local cost function using data relating to the given asset only. The local cost function represents a portion of a system cost function for the DERs system. The asset manager also has 3) a controller configured to use the local cost function for the given asset to manage operation of the given asset in the DERs system. In addition, the controller also is configured to determine, using the local cost function, an operating point for the given asset.