IP Library › Patent Application 12802705
Patent Application
App. No. 12/802,705

System and method for participation in energy-related markets

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Quick Facts
Patent No.
US None
App. No.
12/802,705
Abstract

A multidimensional energy decision system, comprising a plurality of server systems, including at least a statistics server and an interface adapted to receive and send digital information from at least a client system, and further adapted to optionally communicate with the digital exchange via a packet-based data network, wherein the multidimensional energy decision system periodically optimizes operational parameters of client system for a specific time period and a specific energy asset from client system based on forecasted conditions, and directly, or upon decision confirmation from a client system, procures or makes dispatchable energy resources, related externalities, or related derivative financial products, available to a digital exchange or other parties, wherein upon the purchase of a listed asset by another party or across digital exchange, implements dispatch procedures to satisfy the issued contract and, optionally, provides monitoring and verification of performance, is disclosed.

Claims (11)

1 . A multidimensional energy decision system, comprising:

a plurality of server systems, including at least a statistics server; and

an interface adapted to receive and send digital information from a client system and further adapted to communicate with at least some of the plurality of server systems via a packet-based data network;

wherein the plurality of server systems periodically optimizes operational parameters used by a client system for a specific time period and a specific energy asset associated with a client system based on forecasted conditions; and

whereas the plurality of server systems directly, or upon decision confirmation from a client system, procures or makes available to a digital exchange or other parties energy-related assets such as dispatchable energy resources, related externalities, or related derivative financial products; and

wherein upon purchase of the energy-related asset by another party or across a digital exchange, the plurality of server systems implements dispatch procedures to satisfy an issued contract pertaining to the purchase and, optionally, provides monitoring and verification of performance.

2 . A method of executing energy-related decisions, comprising the steps of:

(a) periodically optimizing operational parameters used by a client system for a specific time period and a specific energy asset associated with a client system based on forecasted conditions;

(b) directly or upon decision confirmation from a client system, procuring or making available to a digital exchange or other parties energy-related assets such as dispatchable energy resources, related externalities, or related derivative financial products;

(c) upon purchase of the energy-related asset by another party or across a digital exchange, implementing dispatch procedures to satisfy an issued contract pertaining to the purchase; and

(d) optionally providing monitoring and verification of performance of the issued contract.