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USING BI-DIRECTIONAL COMMUNICATIONS IN A MARKET-BASED RESOURCE ALLOCATION SYSTEM

  • US 20130325691A1
  • Filed: 08/12/2013
  • Published: 12/05/2013
  • Est. Priority Date: 09/29/2008
  • Status: Active Grant
First Claim
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1. A method for generating a bid value for purchasing electricity in a market-based resource allocation system, comprising:

  • by computing hardware,receiving a desired temperature value indicative of a user'"'"'s desired temperature in a temperature-controlled zone;

    receiving a user comfort setting selected by the user, the user comfort setting being selected from at least a first user comfort setting and a second user comfort setting, the first user comfort setting indicating the user'"'"'s willingness to pay more to achieve the desired temperature relative to the second user comfort setting; and

    computing a bid value for purchasing electricity to heat or cool the temperature-controlled zone to the desired temperature, the bid value being computed using at least the desired temperature, the user comfort setting, and a historical value indicative of an average value at which electricity was dispatched by the resource allocation system over a historical time period.

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