Hybrid Energy Market and Currency System for Total Energy Management
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United States of America Patent
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Issued Date -
Dec 12, 2013
app pub date -
Mar 11, 2013
filing date -
Sep 11, 2009
priority date (Note) -
Abandoned
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Abstract
A hybrid energy market and currency systems is provided to manage energy consumption in an energy market comprising a community of users. Energy currency units may be issued to users and an exchange rate between the energy currency units and a monetary currency unit may be set, providing a variable price for energy. Energy currency units may have a defined validity period, at the end of which the energy currency unit is automatically converted to monetary currency units. Users consume energy currency units through use of energy consumptive services, such as domestic consumption of electricity and hot water, and through use of transportation. Prices for energy may be set by comparing the cumulative actual and desired demand. By providing a continuous feedback mechanism, some embodiments of methods disclosed herein may raise an energy conscience—an awareness of when the community needs the help of its citizens to meet its ambitious sustainability goals.
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