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Using bi-directional communications in a market-based resource allocation system

  • US 9,129,337 B2
  • Filed: 08/12/2013
  • Issued: 09/08/2015
  • 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;

    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;

    transmitting the bid value to a central computer in the market-based resource allocation system;

    receiving from the central computer an indication of a dispatched value for a current time frame;

    comparing the bid value to the dispatched value for the current time frame; and

    generating a signal to activate or deactivate an electrical heating or cooling device associated with the temperature-controlled zone based on the comparison of the bid value to the dispatched value for the current time frame.

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