Self-organizing energy pricing
First Claim
1. A method for real-time pricing of electrical energy, wherein the method comprises:
- receiving electrical energy data, wherein the electrical energy data comprises one or more energy pricing parameters specified by an energy supplier, wherein the one or more energy pricing parameters depend on type of customer and on price sensitivity of a customer, and wherein receiving electrical energy data is carried out via a module executing on a hardware processor;
measuring power grid frequency for a sampling period of a pre-determined duration, wherein the power grid comprises the current frequency of the power grid, and wherein measuring power grid frequency is carried out via a module executing on a hardware processor;
measuring current energy consumption, wherein current energy consumption comprises total energy consumption in a most recent sampling period, and wherein measuring current energy consumption is carried out via a module executing on a hardware processor;
storing the total energy consumption for the most recent sampling period in a database;
retrieving consumption history from the database, wherein consumption history comprises cumulative energy consumption by a customer over a sliding window time period of multiple sampling periods, and wherein retrieving consumption history is carried out via a module executing on a hardware processor;
computing a unit energy rate as a function of customer type, the one or more pricing parameters, the measured power grid frequency and the retrieved consumption history, wherein computing a unit energy rate is carried out via a module executing on a hardware processor; and
using the computed rate to compute a total charge for the most recent sampling period as a product of the unit energy rate and the total energy consumption in the most recent sampling period, wherein using the computed rate to compute a total charge is carried out via a module executing on a hardware processor.
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Abstract
Techniques for real-time pricing of electrical energy are provided. The techniques include receiving electrical energy data, wherein the electrical energy data comprises one or more energy pricing parameters specified by an energy supplier, measuring power grid frequency, wherein the power grid comprises the current frequency of the power grid, measuring current energy consumption, wherein current energy consumption comprises total energy consumption in a sampling period, retrieving consumption history, wherein consumption history comprises energy consumed by a customer over a time period, computing a unit energy rate as a function of customer type, the one or more pricing parameters, frequency and past history of consumption, and using the computed rate to compute a total charge as a product of the unit energy rate and the total energy consumption.
19 Citations
20 Claims
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1. A method for real-time pricing of electrical energy, wherein the method comprises:
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receiving electrical energy data, wherein the electrical energy data comprises one or more energy pricing parameters specified by an energy supplier, wherein the one or more energy pricing parameters depend on type of customer and on price sensitivity of a customer, and wherein receiving electrical energy data is carried out via a module executing on a hardware processor; measuring power grid frequency for a sampling period of a pre-determined duration, wherein the power grid comprises the current frequency of the power grid, and wherein measuring power grid frequency is carried out via a module executing on a hardware processor; measuring current energy consumption, wherein current energy consumption comprises total energy consumption in a most recent sampling period, and wherein measuring current energy consumption is carried out via a module executing on a hardware processor; storing the total energy consumption for the most recent sampling period in a database; retrieving consumption history from the database, wherein consumption history comprises cumulative energy consumption by a customer over a sliding window time period of multiple sampling periods, and wherein retrieving consumption history is carried out via a module executing on a hardware processor; computing a unit energy rate as a function of customer type, the one or more pricing parameters, the measured power grid frequency and the retrieved consumption history, wherein computing a unit energy rate is carried out via a module executing on a hardware processor; and using the computed rate to compute a total charge for the most recent sampling period as a product of the unit energy rate and the total energy consumption in the most recent sampling period, wherein using the computed rate to compute a total charge is carried out via a module executing on a hardware processor. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A computer program product comprising a non-transitory tangible computer readable recordable storage medium including computer useable program code for real-time pricing of electrical energy, the computer program product including:
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computer useable program code for receiving electrical energy data, wherein the electrical energy data comprises one or more energy pricing parameters specified by an energy supplier, and wherein the one or more energy pricing parameters depend on type of customer and on price sensitivity of a customer; computer useable program code for measuring power grid frequency for a sampling period of a pre-determined duration, wherein the power grid comprises the current frequency of the power grid; computer useable program code for measuring current energy consumption, wherein current energy consumption comprises total energy consumption in a most recent sampling period; computer useable program code for storing the total energy consumption for the most recent sampling period in a database; computer useable program code for retrieving consumption history from the database, wherein consumption history comprises cumulative energy consumption by a customer over a sliding window time period of multiple sampling periods; computer useable program code for computing a unit energy rate as a function of customer type, the one or more pricing parameters, the measured power grid frequency and the retrieved consumption history; and computer useable program code for using the computed rate to compute a total charge for the most recent sampling period as a product of the unit energy rate and the total energy consumption in the most recent sampling period. - View Dependent Claims (11, 12, 13, 14)
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15. A system for real-time pricing of electrical energy, comprising:
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a memory; and at least one processor coupled to the memory and operative to; receive electrical energy data, wherein the electrical energy data comprises one or more energy pricing parameters specified by an energy supplier, and wherein the one or more energy pricing parameters depend on type of customer and on price sensitivity of a customer; measure power grid frequency for a sampling period of a pre-determined duration, wherein the power grid comprises the current frequency of the power grid; measure current energy consumption, wherein current energy consumption comprises total energy consumption in a most recent sampling period; store the total energy consumption for the most recent sampling period in a local database; retrieve consumption history from the local database, wherein consumption history comprises cumulative energy consumption by a customer over a sliding window time period of multiple sampling periods; compute a unit energy rate as a function of customer type, the one or more pricing parameters, the measured power grid frequency and the retrieved consumption history; and use the computed rate to compute a total charge for the most recent sampling period as a product of the unit energy rate and the total energy consumption in the most recent sampling period. - View Dependent Claims (16, 17, 18, 19, 20)
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Specification