USING BI-DIRECTIONAL COMMUNICATIONS IN A MARKET-BASED RESOURCE ALLOCATION SYSTEM
First Claim
1. A method for generating a bid value for purchasing electricity in a market-based resource allocation system, comprising:
- by computing hardware,receiving an indication of a current status of a system controlled by an electrical device;
computing an average dispatched value using multiple dispatched values from a previous time period, the multiple dispatched values representing values at which electricity was dispatched by the market-based resource allocation system during the previous time period; and
computing a bid value for purchasing electricity sufficient to operate the electrical device, the computing being performed using at least the current status of the system and the average dispatched value.
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Accused Products
Abstract
Disclosed herein are representative embodiments of methods, apparatus, and systems for distributing a resource (such as electricity) using a resource allocation system. In one exemplary embodiment, a plurality of requests for electricity are received from a plurality of end-use consumers. The requests indicate a requested quantity of electricity and a consumer-requested index value indicative of a maximum price a respective end-use consumer will pay for the requested quantity of electricity. A plurality of offers for supplying electricity are received from a plurality of resource suppliers. The offers indicate an offered quantity of electricity and a supplier-requested index value indicative of a minimum price for which a respective supplier will produce the offered quantity of electricity. A dispatched index value is computed at which electricity is to be supplied based at least in part on the consumer-requested index values and the supplier-requested index values.
37 Citations
26 Claims
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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 an indication of a current status of a system controlled by an electrical device; computing an average dispatched value using multiple dispatched values from a previous time period, the multiple dispatched values representing values at which electricity was dispatched by the market-based resource allocation system during the previous time period; and computing a bid value for purchasing electricity sufficient to operate the electrical device, the computing being performed using at least the current status of the system and the average dispatched value. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A computer-readable storage device storing computer-executable instructions which when executed by a computer cause the computer to perform a method for generating a bid value for purchasing electricity in a market-based resource allocation system, the method comprising:
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receiving an indication of a current status of a system controlled by an electrical device; computing an average dispatched value using multiple dispatched values from a previous time period, the multiple dispatched values representing values at which electricity was dispatched by the market-based resource allocation system during the previous time period; and computing a bid value for purchasing electricity sufficient to operate the electrical device, the computing being performed using at least the current status of the system and the average dispatched value. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25)
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26. A system for generating a bid value for purchasing electricity in a market-based resource allocation system, the system comprising:
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means for receiving an indication of a current status of a system controlled by an electrical device; means for computing an average dispatched value using multiple dispatched values from a previous time period, the multiple dispatched values representing values at which electricity was dispatched by the market-based resource allocation system during the previous time period; and means for computing a bid value for purchasing electricity sufficient to operate the electrical device, the computing being performed using at least the current status of the system and the average dispatched value.
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Specification