FORWARD-LOOKING TRANSACTIVE PRICING SCHEMES FOR USE IN A MARKET-BASED RESOURCE ALLOCATION SYSTEM
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Abstract
Disclosed herein are representative embodiments of methods, apparatus, and systems for distributing a resource (such as electricity) using a resource allocation system. One of the disclosed embodiments is a method for generating a bid value for purchasing electricity in a market-based resource allocation system. In this embodiment, a desired performance value indicative of a user'"'"'s desired performance level for an electrical device is received. Price information from an electricity futures market is received. A bid value for purchasing electricity from a local resource allocation market sufficient to operate the electrical device at the desired performance level is computed. In this embodiment, the computing is 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.
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Citations
59 Claims
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1-42. -42. (canceled)
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43. A method of operating a resource allocation system, comprising:
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receiving a plurality of requests for electricity from a plurality of end-use electrical devices, wherein each of the requests indicates a requested quantity of electricity, a device-requested index value indicative of a maximum price a respective end-use electrical device will pay for the requested quantity of electricity, and an indication of whether the respective end-use electrical device is currently active; using computing hardware, computing a responsive load currently experienced in the resource allocation system by summing the requested quantities of electricity from one or more of the electrical devices that also are currently active; and using the computing hardware, computing an unresponsive load in the resource allocation system by computing a difference between the responsive load and a total load currently experienced by the resource allocation system. - View Dependent Claims (44, 45, 46, 47, 48, 49, 50)
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51. One or more non-transitory computer-readable media storing computer-executable instruction which when executed by a computer cause the computer to perform a method of operating a resource allocation system, the method comprising:
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receiving a plurality of requests for electricity from a plurality of end-use electrical devices, wherein each of the requests indicates a requested quantity of electricity, a device-requested index value indicative of a maximum price a respective end-use electrical device will pay for the requested quantity of electricity, and an indication of whether the respective end-use electrical device is currently active; computing a responsive load currently experienced in the resource allocation system by summing the requested quantities of electricity from one or more of the electrical devices that also are currently active; and computing an unresponsive load in the resource allocation system by computing a difference between the responsive load and a total load currently experienced by the resource allocation system. - View Dependent Claims (53, 54, 55, 56, 57, 58, 59)
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52. A system comprising memory and a processor programmed to perform a method of operating a resource allocation system, the method comprising:
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receiving a plurality of requests for electricity from a plurality of end-use electrical devices, wherein each of the requests indicates a requested quantity of electricity, a device-requested index value indicative of a maximum price a respective end-use electrical device will pay for the requested quantity of electricity, and an indication of whether the respective end-use electrical device is currently active; computing a responsive load currently experienced in the resource allocation system by summing the requested quantities of electricity from one or more of the electrical devices that also are currently active; and computing an unresponsive load in the resource allocation system by computing a difference between the responsive load and a total load currently experienced by the resource allocation system.
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Specification