Using one-way communications in a market-based resource allocation system
AssigneeBattelle Memorial Institute
InventorsDavid P. Chassin, Robert G. Pratt
Life of this patent
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AssigneeBattelle Memorial Institute
InventorsDavid P. Chassin, Robert G. Pratt
Estimating the term…
Disclosed herein are representative embodiments of methods, apparatus, and systems for distributing a resource (such as electricity) using a resource allocation system. In one exemplary embodiment, a plurality of requests for electricity are received from a plurality of end-use consumers. The requests indicate a requested quantity of electricity and a consumer-requested index value indicative of a maximum price a respective end-use consumer will pay for the requested quantity of electricity. A plurality of offers for supplying electricity are received from a plurality of resource suppliers. The offers indicate an offered quantity of electricity and a supplier-requested index value indicative of a minimum price for which a respective supplier will produce the offered quantity of electricity. A dispatched index value is computed at which electricity is to be supplied based at least in part on the consumer-requested index values and the supplier-requested index values.
A method of operating an electrical device in a market-based resource allocation system, comprising:
One or more non-transitory computer-readable media storing computer-readable instructions for causing a computer to perform a method, the method comprising:
A system comprising:
A method of operating an electrical charger in a market-based resource allocation system, comprising:
One or more non-transitory computer-readable media storing computer-readable instructions for causing a computer to perform a method, the method comprising:
A system comprising:
Dependencies are inferred from the claim text.