Patent ID: 8639392
Filing Date: 2014-01-28
Classification: G06Q,Y04S

Abstract:
1. A method, comprising: receiving at an intermediary computing system a plurality of requests for electricity from a plurality of end-use consumers, wherein each of the requests indicates 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; receiving at the intermediary computing system a plurality of offers for supplying electricity from a plurality of resource suppliers, wherein each of the offers indicates 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; with the intermediary computing system, determining a dispatched index value indicating a price at which electricity is to be supplied and consumed based at least in part on the consumer-requested index values and the supplier-requested index values; and transmitting data indicating the dispatched index value from the intermediary computing system to the plurality of end-use consumers and to the plurality of resource suppliers.