System and method for electrical power derivatives
US8412614B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | May 7, 2009 |
| Grant date | Apr 2, 2013 |
| Priority date | — |
| Expiry date | Jan 21, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method, system and program product for facilitating trading derivatives of energy constraints, the method comprising in one embodiment: obtaining electronically historical constraint price data on transmission elements or groups of transmission elements over a number of respective time increments; performing electronically an algorithm calculation on the constraint prices for one of the transmission elements or one of the groups of transmission elements over a number of time increments within a given period of time, to obtain constraint price data for the one transmission element or group of transmission elements for the given period of time; performing this algorithm calculation step for a plurality of the periods of time to obtain constraint price data for each of the plurality of transmission elements or groups of transmission elements for the plurality of periods of time; and making accessible the constraint price data. The invention further includes market making embodiments, binding hours derivative embodiments, and load derivative embodiments. In a further embodiment, a method, system and program product for operating an electronic trading exchange for power derivatives is…
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.