Apparatus and method for trading electric energy

Details Apparatus and method for trading electric energy Apparatus and method for trading electric energy

1995-08-18

2000-09-05

Thomas, Joseph

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

705 26, G06F 1760, G06F 1900

Patent

active

061156981

ABSTRACT:
Electric energy can be traded between connected participants such as utility companies. The present method provides a common marketplace which provides participants the ability to display both buy and sell offers to the other participants. The marketplace also allows the participants to consummate a transaction for a quantity of electrical energy. The method further allows the participants to curtail transactions and the delivery of the electrical energy if necessary.

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Press Release -- Nr. 1-Jan. 1998-Information bulletin from NORD POOI -- The Nordic Power Exchange.

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