Business management system and method for a deregulated electric power market using cooperatively produced estimates

• US 20030041016A1
• Filed: 05/10/2002
• Published: 02/27/2003
• Est. Priority Date: 05/10/2001
• Status: Abandoned Application

• Current Assignee: Siemens Power Generation, Inc.
• Original Assignee: Siemens Power Generation, Inc.
• Inventors: Hasling, William, Spool, Peter R., Soni, Dilip, Masticola, Stephen, Landi, William
• Application Number:
  US10/142,519
• Publication Number:
  US 20030041016A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G05B 19/042 using digital processors G05B19/05 takes precedence
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: H02J 3/008 involving trading of energy or energy transmission rights
• CPC Class Codes: Y02B 70/30 Systems integrating technologies related to power network operation and communication or information technologies for improving the carbon footprint of the management of residential or tertiary loads, i.e. smart grids as climate change mitigation technology in the buildings sector, including also the last stages of power distribution and the control, monitoring or operating management systems at local level
• CPC Class Codes: Y04S 10/50 Systems or methods supporting the power network operation or management, involving a certain degree of interaction with the load-side end user applications
• CPC Class Codes: Y04S 20/20 End-user application control systems
• CPC Class Codes: Y04S 50/10 Energy trading, including energy flowing from end-user application to grid
• CPC Class Codes: Y04S 50/14 Marketing, i.e. market research and analysis, surveying, promotions, advertising, buyer profiling, customer management or rewards

Abstract

A business management method with interaction between an electrical energy supplier and a plurality of customer energy consumers. The method includes the steps of: the customer energy consumers and the electrical energy supplier cooperatively producing respective electricity load profiles for use by the electrical energy supplier; the electrical energy supplier aggregating the respective projected electricity load profiles; and the electrical energy supplier making decisions based on the respective projected electricity load profiles on any of: bidding on additional power, offering excess power on energy exchanges, and offering specials discounts to favored consumers. The method is likewise applicable to other commodities such as a water supply, fuel gas supply, or the like.

Claims

1. A business management method with interaction between an electrical energy supplier and a plurality of customer energy consumers, said method comprising the steps of:

said customer energy consumers and said electrical energy supplier cooperatively producing respective electricity load profiles for use by said electrical energy supplier;

said electrical energy supplier aggregating said respective projected electricity load profiles; and

said electrical energy supplier making decisions based on said respective projected electricity load profiles on any of;

bidding on additional power,

offering excess power on energy exchanges, and

offering specials discounts to favored consumers.

2. A business management method as recited in claim 1, including a step of said electrical energy supplier monitoring electric power consumption meter data.

3. A business management method as recited in claim 2, including a step of said electrical energy supplier utilizing data from said monitoring for modifying said respective projected electricity load profiles.

4. A business management method as recited in claim 3, including a step, upon a finding of significant modifying of said profiles, of sharing information on said significant modifying of said profiles between any of said electrical energy supplier and said plurality of customer energy consumers.

5. A business management method as recited in claim 3, including a step, upon a finding of significant modifying of said profiles, of sharing information on said significant modifying of said profiles with third parties.