Invention Grant
- Patent Title: Facilitating power transactions
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Application No.: US15492145Application Date: 2017-04-20
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Publication No.: US10803535B2Publication Date: 2020-10-13
- Inventor: Sharathchandra Umapathirao Pankanti , Erik Rueger , Rolf Schaefer
- Applicant: International Business Machines Corporation
- Applicant Address: US NY Armonk
- Assignee: INTERNATIONAL BUSINESS MACHINES CORPORATION
- Current Assignee: INTERNATIONAL BUSINESS MACHINES CORPORATION
- Current Assignee Address: US NY Armonk
- Agency: Amin, Turocy & Watson, LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q50/06 ; G06Q40/08 ; G06N20/00 ; G06N3/00

Abstract:
The subject invention relates to employing interactive components and execution components to facilitate power transactions. In an example, a method includes receiving a first set of data from a set of agent components, wherein the first set of data represents a purchase, a transmission, a production, a sale or a consumption of energy; and facilitating execution, by the system, of a set of contracts between a first subset of agent components and a second subset of agent components based on the first set of data. In another example, a method can further include insuring, by the system, the set of contracts against a supply surplus of energy or a production shortage of energy.
Public/Granted literature
- US20180308183A1 FACILITATING POWER TRANSACTIONS Public/Granted day:2018-10-25
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