Patent ID: 7536341
Filing Date: 2009-05-19
Classification: G06Q,H02J,Y04S

Abstract:
1. A method for estimating, from one or more suppliers, a volume of a first energy form that is to be used to generate to a second energy form, and a volume of the second energy form that is to be produced, the method comprising: providing a market server computer running a combined market of the first energy form and the second energy form and communicatively connected to said one or more suppliers; determining equilibrium prices for the first energy form and the second energy form when a market for the first energy form is isolated from a market for the second energy form; receiving by the market server computer one or more data strings with production data from each of the suppliers, which data strings comprise a conversion efficiency of conversion of the first energy form into the second energy form and at least one production parameter selected from a set comprising a demand volume of the first energy form and a supply volume of the second energy form; conducting simulated generation of the second energy form from the first energy form when a market for the first energy form is combined with a market for the second energy form using the market server computer; determining a first variation characteristic of equilibrium price for the first energy form using the simulated generation of the second energy form from the first energy form and using said production data; determining a second variation characteristic of equilibrium price for the second energy form using the simulated generation of the second energy form from the first energy form; comparing the first variation characteristics of equilibrium price for the first energy form and the second variation characteristic of equilibrium price for the second energy form; determining by the market server computer a value for a conversion volume parameter of the production of the second energy form from the first energy form using the comparison of the first variation characteristic of equilibrium price for the first energy form and the second variation characteristic of equilibrium price for the second energy form; determining by the market server computer, using the value of said conversion volume parameter, a volume of the first energy form that is to be converted and a volume of the second energy form that is to be produced; and providing information related to said volume of the first energy form that is to be converted and said volume of the second energy form that is to be produced by the market server computer to said one or more suppliers.