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Title: Using one-way communications in a market-based resource allocation system

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.
Inventors:
;
Issue Date:
OSTI Identifier:
1149608
Assignee:
Battelle Memorial Institute (Richland, WA) PNNL
Patent Number(s):
8,788,415
Application Number:
12/587,006
Contract Number:
AC05-76RLO1830
Resource Relation:
Patent File Date: 2011 Jun 20
Research Org:
Pacific Northwest National Lab. (PNNL), Richland, WA (United States)
Sponsoring Org:
USDOE
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY, AND ECONOMY

Works referenced in this record:

A State-Queueing Model of Thermostatically Controlled Appliances
journal, August 2004

Decentralized Coordination through Digital Technology, Dynamic Pricing, and Customer-Driven Control: The GridWise Testbed Demonstration Project
journal, October 2008

Residential energy resource models for distribution feeder simulation
conference, January 2003
  • Guttromson, R. T.; Chassin, D. P.; Widergren, S. E.
  • 2003 IEEE Power Engineering Society General Meeting
  • DOI: 10.1109/PES.2003.1267145