×

FORWARD-LOOKING TRANSACTIVE PRICING SCHEMES FOR USE IN A MARKET-BASED RESOURCE ALLOCATION SYSTEM

  • US 20120278220A1
  • Filed: 04/28/2011
  • Published: 11/01/2012
  • Est. Priority Date: 04/28/2011
  • Status: Active Grant
First Claim
Patent Images

1. A method for generating a bid value for purchasing electricity in a market-based resource allocation system, comprising:

  • receiving a desired performance value indicative of a user'"'"'s desired performance level for an electrical device;

    receiving price information from an electricity futures market;

    with computing hardware, computing a bid value for purchasing electricity from a local resource allocation market sufficient to operate the electrical device at the desired performance level, the computing being performed based at least in part on the desired performance value and based at least in part on the price information from the electricity futures market; and

    transmitting the bid value to a computer that operates the local resource allocation market.

View all claims
  • 1 Assignment
Timeline View
Assignment View
    ×
    ×