Patent ID: 9087359
Filing Date: 2015-07-21
Classification: G06Q,Y04S

Abstract:
1. A method comprising: receiving at an intermediary computing system a plurality of requests for electricity from a plurality of electricity consumers, wherein each of the plurality of requests indicates a requested quantity of electricity and a consumer-requested index value indicative of a maximum price a respective electricity consumer is willing to pay for the requested quantity of electricity; receiving at the intermediary computing system a plurality of offers for supplying electricity from a plurality of electricity suppliers, wherein each of the plurality of offers indicates an offered quantity of electricity and a supplier-requested index value indicative of a minimum price for which a respective electricity supplier is willing supply the offered quantity of electricity; and with the intermediary computing system, determining a dispatched index value indicating a price at which electricity is to be supplied and purchased based at least in part on the consumer-requested index values and the supplier-requested index values.