A
system for electric grid utilization and optimization comprising a communications interface executing on a network-connected
server and adapted to receive information from a plurality of iNodes, the plurality of iNodes comprising a source
iNode, a sink
iNode, a plurality of transmission or distribution iNodes, an event
database coupled to the communications interface and adapted to receive events from a plurality of iNodes via the communications interface, a modeling
server coupled to the communications interface, and a statistics
server coupled to the event
database and the modeling server, wherein the modeling server, receives a request to establish an allocation of at least one of transmission losses, distribution losses, and ancillary services to a specific sink
iNode, computes at least one virtual path for
electricity flow between a source iNode and the specific sink iNode, the computed path being determined based on optimization of perceived comfort of users in affected areas.