Transactive energy system and method
OwnerDavid Haynesinventor
Life of this patent
Estimating the term…
Abstract
Systems and methods for performing energy transactions including a number of market participant nodes associated with an energy market participant, and a number of market authority node devices associated with a market authority. A network operator node device is further included, which is associated with a network operator. The market participant node device, the market authority node devices, and the network operator node devices are configured to communicate with each other to facilitate an energy transaction.
Claims20
A system for performing energy transactions, the system comprising:
- a plurality of market participant node devices, wherein each market participant node device is associated with an energy market participant;
- a plurality of market authority node devices, wherein each market authority node device is associated with a market authority;
- one or more network operator node devices, wherein each market authority node device is associated with a network operator;
- wherein the market participant node devices, the market authority node devices, and the network operator node devices are configured to communicate with each other to facilitate an energy transaction.
A method for facilitating an energy transaction using a plurality of electronic node devices, the method comprising:
- requesting a bid for a quantity of electrical power via a buyer electronic node device associated with a buyer of electrical power;
- determining a viability of the bid by an engineering analysis authority electronic node device;
- in response to the bid being determined to be viable, negotiating a bid price at one or more network pool node devices, wherein one or more software agents associated with the one or more network pool device are configured to negotiate the bid price based on a plurality of market conditions;
- approving the negotiated bid price at the buyer electronic node device;
- and
- providing the power to the buyer of electrical power in response to the negotiated bid price being approved by the buyer electronic node device.
A system for performing energy transactions, the system comprising:
- a plurality of market participant node devices, wherein each market participant node device is associated with an energy market participant and configured to generate one or more energy market participant software agents to facilitate an electrical power transaction;
- a plurality of market authority node devices, wherein each market authority node device is associated with a market authority, wherein each market authority node device is associated with an energy market authority and configured to generate one or more energy market authority software agents to facilitate the electrical power transaction;
- one or more network operator node devices, wherein each market authority node device is associated with a network operator, wherein each network operator node device is associated with a network operator and configured to generate one or more network operator software agents to facilitate the electrical power transaction;
- wherein the market participant node devices, the market authority devices, and the network operator node devices are configured to communicate with each other to facilitate a proposed energy transaction;
- and
- wherein the one or more market authority software agents are configured to determine the viability of the proposed energy transaction.
Dependencies are inferred from the claim text.