Forward Looking Transactive Pricing Schemes for Use in a Market-Based Resource Allocation System

Patent ID: 7829 | Patent Number 9,245,297 | Status: Granted

Abstract

This is an extension of the Invention Disclosure for the Olympic Peninsula Demonstration Project. In this project, a rolling window of 24 hours was used to determine average price and standard deviations. The new method uses day ahead pricing to calculate similar values.

Application Number

13/096,682

Inventors

Chassin,David P
Prakash Kumar,Nirupama
Fisher,Andy
Fuller,Jason C
Pratt,Robert G

Market Sector

Energy Infrastructure