Bidding for energy supply
First Claim
1. A method for creating an automated auction among energy providers and end users in which a moderating computer collects economic incentive data from each provider of a plurality of energy providers, processes the economic incentive data and distributes processed data to a plurality of control computers, each control computer associated with at least one end user, thereby enabling each of the plurality of control computers to select a provider of the plurality of energy providers for the provision of energy to the end users, based on an economic choice, wherein the method comprises:
- a. receiving in the moderating computer, economic incentive data specifying the economic incentive each provider will place on a unit of energy provided to end users associated with at least a portion of the plurality of control computers, processing the economic incentive data to determine which of the economic incentive data correspond to a first control computer and to produce derivative data, and storing the economic incentive data and derivative data in a data base of the moderating computer as first control computer data;
b. transmitting at least a portion of the first control computer data to the first control computer; and
c. transmitting at least a portion of the first control computer data to at least portion of the plurality of energy providers.
2 Assignments
0 Petitions
Accused Products
Abstract
An auction service is provided that stimulates competition between energy suppliers (i.e., electric power or natural gas). A bidding moderator (Moderator) receives bids from the competing suppliers of the rate each is willing to charge to particular end users for estimated quantities of electric power or gas supply (separate auctions). Each supplier receives competing bids from the Moderator and has the opportunity to adjust its own bids down or up, depending on whether it wants to encourage or discourage additional energy delivery commitments in a particular geographic area or to a particular customer group. Each supplier'"'"'s bids can also be changed to reflect each supplier'"'"'s capacity utilization. Appropriate billing arrangements are also disclosed.
312 Citations
44 Claims
-
1. A method for creating an automated auction among energy providers and end users in which a moderating computer collects economic incentive data from each provider of a plurality of energy providers, processes the economic incentive data and distributes processed data to a plurality of control computers, each control computer associated with at least one end user, thereby enabling each of the plurality of control computers to select a provider of the plurality of energy providers for the provision of energy to the end users, based on an economic choice, wherein the method comprises:
-
a. receiving in the moderating computer, economic incentive data specifying the economic incentive each provider will place on a unit of energy provided to end users associated with at least a portion of the plurality of control computers, processing the economic incentive data to determine which of the economic incentive data correspond to a first control computer and to produce derivative data, and storing the economic incentive data and derivative data in a data base of the moderating computer as first control computer data; b. transmitting at least a portion of the first control computer data to the first control computer; and c. transmitting at least a portion of the first control computer data to at least portion of the plurality of energy providers. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
-
-
10. A method for creating an automated auction among energy providers and end users in which a moderating computer acting on behalf of end users collects economic incentive data from each provider of a plurality of energy providers, processes the economic incentive data and selects a provider of the plurality of energy providers for the provision of energy to each of a plurality of end users, based on an economic choice, wherein the method comprises:
-
a. receiving in the moderating computer, economic incentive data specifying the economic incentive each provider will place on a unit of energy provided to each of the plurality of end users, processing the economic incentive data to determine which of the economic incentive data correspond to a first set of end users and to produce derivative data, and storing the economic incentive data and derivative data in a data base of the moderating computer as first end-user set data; b. transmitting at least a portion of the first-end user set data to at least a portion of the plurality of energy providers; c. processing in the moderating computer the first end-user set data in order to select a provider of the plurality of energy providers for the provision of energy to the first set of end users; d. transmitting a selection notification to the provider of the plurality of energy providers that is selected by the moderating computer, based on the first end-user set data, to be the selected provider of energy to the first set of end users; and e. transmitting a copy of the selection notification to a local energy distribution company that distributes energy to the first set of end users whose energy requirements are to be supplied by the selected provider of energy.
-
-
11. An automated provider selection method for enabling a control computer, the control computer being associated with at least one end user, to select a provider of a plurality of energy providers for the provision of energy to a first end user in accordance with first control computer data received from a moderator, comprising the steps of:
-
a. entering into a data base associated with the control computer, first control computer data relating to at least one provider of the plurality of energy providers; b. selecting a first provider of the plurality of energy providers, for the provision of energy to the first end user associated with the first control computer, based on the first control computer data; and c. notifying the first provider of the selection. - View Dependent Claims (12, 13, 14, 15)
-
-
16. A method for managing the provision of energy, by a first provider of a plurality of energy providers, to at least one end user associated with a control computer in accordance with economic incentives arrived at through a bidding process involving a central processor, referred to as a bidding moderator, comprising the steps of:
-
a. collecting energy availability data for each of the providers, each provider entering the energy availability data, corresponding to the energy the provider can make available to end users, into its network management computer'"'"'s network management database; b. each network management computer (i) receiving management instructions from that provider'"'"'s network management administrator, (ii) formulating economic incentives for at least a portion of the provider'"'"'s available energy based on the management instructions and the energy availability data, and (iii) transmitting the economic incentives to the bidding moderator; c. in the moderator, (i) receiving the economic incentives, (ii) entering the economic incentives from each provider in the moderator'"'"'s database, and (iii) sorting the economic incentives to identify all economic incentives associated with each control computer and generating provider selection data; d. transmitting at least a portion of the economic incentives received by the moderator to at least a portion of the plurality of energy providers, entering the economic incentives in each provider'"'"'s network management database, and adjusting each provider'"'"'s economic incentives in consideration of the economic incentives from at least one other provider; e. sorting the provider selection data to determine which of the provider selection data correspond to a first control computer, transmitting a determined portion of the provider selection data to the first control computer, and entering the determined portion of the provider selection data into the first control computer'"'"'s database; f. selecting a provider of the plurality of energy providers for the provision of energy to at least one end user associated with the first control computer in accordance with the provider selection data; g. the first control computer notifying the moderator of selection of the selected provider; h. the moderator notifying the selected provider of its selection and transmitting, to a computer associated with the selected provider'"'"'s network management computer, a specification of the estimated energy requirements the selected provider should expect to provide to at least one end user associated with the first control computer and periodic usage reports; and i. the selected provider processing the specification and periodic usage reports from the moderator and adjusting its energy production in accordance with the specification and periodic usage reports. - View Dependent Claims (17, 18, 19)
-
-
20. A method for managing the provision of energy, by a first provider of a plurality of energy providers, to at least one end user associated with a control computer in accordance with economic incentives arrived at through a bidding process involving a central processor, referred to as a bidding moderator, comprising the steps of:
-
a. collecting energy availability data for each of the providers, each provider entering the energy availability data, corresponding to the energy the provider can make available to end users, into its network management computer'"'"'s network management database; b. each network management computer (i) receiving management instructions from that provider'"'"'s network management administrator, (ii) formulating economic incentives for at least a portion of the provider'"'"'s available energy based on the management instructions and the energy availability data, and (iii) transmitting the economic incentives to the bidding moderator; c. in the moderator, receiving the economic incentives, entering the economic incentives from each provider in the moderator'"'"'s database, and sorting the economic incentives to identify all economic incentives associated with each control computer; d. transmitting at least a portion of the economic incentives received by the moderator to at least a portion of the plurality of energy providers, entering the economic incentives in each provider'"'"'s network management database, and adjusting each provider'"'"'s economic incentives in consideration of the economic incentives from at least one other provider; e. sorting the economic incentive data to determine which of the economic incentive data correspond to a first control computer, transmitting a determined portion of the economic incentive data to the first control computer and entering the determined portion of the economic incentive data into the first control computer'"'"'s database; f. transmitting decision rules formulated by the first control computer'"'"'s administrator to the first control computer and entering the decision rules in the control computer'"'"'s database; g. in the control computer, applying the decision rules to the economic incentive data, thereby generating provider selection data, and populating the control computer'"'"'s database with the provider selection data; h. selecting a provider of the plurality of energy providers for the provision of energy to the at least one end user associated with the first control computer in accordance with the provider selection data and notifying the moderator of the selection; j. the moderator notifying the selected provider of the selection and transmitting, to a computer associated with the selected provider'"'"'s network management computer, a specification of the estimated energy requirements the selected provider should expect to provide to the at least one end user associated with the first control computer; and j. the selected provider processing the specification and periodic usage reports from the moderator and adjusting its energy production in accordance with the specification and periodic usage reports. - View Dependent Claims (21, 22, 23, 24)
-
-
25. A method for managing the provision of energy, by a first provider of a plurality of energy providers, to at least a first set of end users of a plurality of end users in accordance with economic incentives arrived at through a bidding process involving a central processor, referred to as a bidding moderator, comprising the steps of:
-
a. collecting energy availability data for each of the providers, each provider entering the energy availability data, corresponding to the energy the provider can make available to end users, into its network management computer'"'"'s network management database; b. each network management computer (i) receiving management instructions from that provider'"'"'s network management administrator, (ii) formulating economic incentives for at least a portion of the provider'"'"'s available energy based on the management instructions and the energy availability data, and (iii) transmitting the economic incentives to the bidding moderator; c. in the moderator, receiving the economic incentives, entering the economic incentives from each provider in the moderator'"'"'s database, and sorting the economic incentives to identify all economic incentives associated with the first set of end users; d. transmitting at least a portion of the economic incentives received by the moderator to at least a portion of the plurality of energy providers, entering the economic incentives in each provider'"'"'s network management database, and adjusting each provider'"'"'s economic incentives in consideration of the economic incentives from at least one other provider; e. transmitting to the moderator decision rules formulated by the moderator'"'"'s administrator and entering the decision rules in the moderator'"'"'s database; f. in the moderator, applying the decision rules to the economic incentive data, thereby generating provider selection data, and populating the moderator'"'"'s database with the provider selection data; g. selecting a provider of the plurality of energy providers for the provision of energy to the firsr set of end users in accordance with the provider selection data; h. the moderator notifying the selected provider of the selection and transmitting, to a computer associated with the selected provider'"'"'s network management computer, a specification of the estimated energy requirements the selected provider should expect to provide to the first set of end users; and i. the selected provider processing the specification and periodic usage reports from the moderator and adjusting its energy production in accordance with the specification and periodic usage reports.
-
-
26. An energy bidding moderator for enabling a first control computer of a plurality of control computers to select a provider of a plurality of energy providers for provision of energy to at least one end user associated with the first control computer, in accordance with economic incentives generated by the providers, comprising:
-
a. a computer with a processor and a memory; b. means for receiving economic incentive data from a first provider and storing the economic incentive data identified with the first provider in the memory; c. means for transmitting at least a portion of the economic incentive data received from a plurality of energy providers to at least a portion of the plurality of energy providers; d. means for sorting the economic incentive data received from the plurality of energy providers to determine a first subset of the economic incentive data corresponding to the first control computer and generating provider selection data; e. means for transmitting at least a portion of the first control computer data and the provider selection data to the first control computer. - View Dependent Claims (27, 28)
-
-
29. An automated provider selection system for selecting a first provider of a plurality of energy providers for the provision of energy to at least one end user, comprising:
-
a. a first control computer; b. means for receiving in the first control computer at least a portion of first control computer data and provider selection data from a bidding moderator and storing the first control computer data and provider selection data in the first control computer'"'"'s memory; and c. means for selecting the first provider, based on the first control computer data in the first control computer'"'"'s memory. - View Dependent Claims (30)
-
-
31. An automated provider selection system for selecting a first provider of a plurality of energy providers for the provision of energy to at least one end user, comprising;
-
a. a control computer b. means for querying a bidding moderator for at least a portion of control computer data and provider selection data corresponding to at least one end user associated with the control computer and receiving the first control computer data and provider selection data in the control computer; and c. means for selecting the first provider in accordance with the first control computer data and provider selection data.
-
-
32. An automated provider selection system for selecting a first provider of a plurality of energy providers for the provision of energy to at least one end users, comprising:
-
a. a control computer; b. means for receiving in the control computer decision rules from a control computer administrator and storing the rules in the memory; c. means for receiving at least a portion of the economic incentive data from a bidding moderator and storing the economic incentive data in the memory; d. means, within the processor, for accessing the rules and the economic incentive data in the memory and applying the rules to the economic incentive data to produce provider selection data, dependent on the economic incentive data; e. means for transmitting the provider selection data to the control computer for entry into the control computer'"'"'s database; and f. means for selecting the first provider based on the provider selection in the control computer'"'"'s database.
-
-
33. A method for billing end users for energy used during a billing period, resulting from an auction process in which a moderating computer collects economic incentive data from each provider of a plurality of energy providers, processes the economic incentive data and distributes processed data to a first control computer of a plurality of control computers, the first control computer associated with a first set of end users, thereby enabling the first control computer to select a provider of the plurality of energy providers for the provision of energy to the first set of end users, based on an economic choice, wherein the billing method comprises:
-
a. receiving in the moderating computer, energy usage data including, at least, an end user identifier and a selected provider identifier for each end user of the first set of end users; b. associating the energy usage data with the economic incentive data to produce a billing record including the end user identifier and the portion of the economic incentive data applied to the energy used by the end user; c. storing the billing record in a billing data base; and d. sorting the billing data base by end user identifier and generating a bill for energy usage associated with each end user identifier during the billing period. - View Dependent Claims (34, 35, 36)
-
-
37. A method for billing end users for energy used during a billing period, resulting from an auction process in which a moderating computer collects economic incentive data from each provider of a plurality of energy providers, processes the economic incentive data and distributes processed data to a first control computer of a plurality of control computers, the first control computer associated with a first set of end users, thereby enabling the first control computer to select a provider of the plurality of energy providers for the provision of energy to the first set of end users, based on an economic choice, wherein the method comprises:
-
a. receiving in a billing computer associated with at least one end user, economic incentive data from the moderating computer and energy usage data from a local energy distribution company, including at least, an end user identifier and a selected provider identifier; b. associating the energy usage data with the economic incentive data to produce a billing record including the end user identifier and the portion of the economic incentive data applied to the energy used by the end user and storing the billing record in a billing data base; and c. sorting the billing data base by end user identifier and generating a bill for energy usage associated with each end user identifier during the billing period. - View Dependent Claims (38, 39)
-
-
40. A method for creating an automated auction among energy providers and end users in which a moderating computer acting on behalf of end users collects economic incentive data from each provider of a plurality of energy providers, processes the economic incentive data and selects a provider of the plurality of energy providers for the provision of energy to each of a plurality of end users, based on an economic choice, wherein the method comprises:
-
a. receiving in the moderating computer, economic incentive data specifying the economic incentive each provider will place on a unit of energy provided to each of the plurality of end users, processing the economic incentive data to determine which of the economic incentive data correspond to a first set of end users and to produce derivative data, and storing the economic incentive data and derivative data in a data base of the moderating computer as first end-user set data; b. transmitting at least a portion of the first-end user set data to at least a portion of the plurality of energy providers; c. processing in the moderating computer the first end-user set data in order to select a provider of the plurality of energy providers for the provision of energy to the first set of end users; and d. transmitting a selection notification to the provider of the plurality of energy providers that is selected by the moderating computer, based on the first end-user set data, to be the selected provider of energy to the first set of end users.
-
-
41. A method for creating an automated auction among energy providers and end users in which a moderating computer acting on behalf of end users collects economic incentive data from each provider of a plurality of energy providers, processes the economic incentive data and selects a provider of the plurality of energy providers for the provision of energy to each of a plurality of end users, based on an economic choice, wherein the method comprises:
-
a. receiving in the moderating computer, economic incentive data specifying the economic incentive each provider will place on a unit of energy provided to each of the plurality of end users, processing the economic incentive data to determine which of the economic incentive data correspond to a first set of end users and to produce derivative data, and storing the economic incentive data and derivative data in a data base of the moderating computer as first end-user set data; b. transmitting at least a portion of the first-end user set data to at least a portion of the plurality of energy providers; c. processing in the moderating computer the first end-user set data in order to select a provider of the plurality of energy providers for the provision of energy to the first set of end users; d. transmitting a selection notification to the provider of the plurality of energy providers that is selected by the moderating computer, based on the first end-user set data, to be the selected provider of energy to the first set of end users and transmitting to a computer associated with the selected provider'"'"'s network management computer, a specification of energy requirements the selected provider should expect to provide to the first set of end users; e. transmitting a copy of the selection notification to a local energy distribution company that distributes energy to the first set of end users whose energy requirements are to be supplied by the selected provider of energy; and f. the local energy distribution company transmitting to the selected provider, periodic usage reports of energy usage by the first set of end users. - View Dependent Claims (42, 43)
-
-
44. A method for conducting an automated auction among a plurality of energy providers and end users, comprising:
-
a. collecting economic incentive data from a plurality of energy providers; b. transmitting at least a portion of the economic incentive data to at least a portion of the energy providers, whereby each energy provider has an opportunity to adjust its bids in view of the bids of competing energy providers; c. prioritizing the economic incentive data that apply to a first set of end users; d. designating a first energy provider to be the designated provider of energy to the first set of end users on the basis of the prioritized economic incentive data; and e. informing the designated provider of its designation, a specification of estimated energy requirements and periodic usage reports, thereby enabling the first energy provider to efficiently adjust its energy supply.
-
Specification