Forward-looking transactive pricing schemes for use in a market-based resource allocation system

Patent ID: 8330 | Patent Number 9,342,850 | 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

13/846,647

Inventors

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

Market Sector

Energy Infrastructure