System and method for providing more efficient communications between energy suppliers, energy purchasers and transportation providers as necessary for an efficient and non-discriminatory energy market

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 5794212
SERIAL NO

08630783

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A method for providing more efficient communication between energy suppliers, energy purchasers, and transportation providers and having an administrator to assist in the transmission of energy as necessary for providing timely movement of energy. The method includes the steps of connecting an energy supplier, a buyer, a transmission supplier and the administrator through a network, and providing a program-controlled processor for receiving energy information from the buyer, the energy supplier and the transmission supplier. The processor is adapted to process and store the energy information, and communicate the energy information via the network to all the parties. The method includes the steps of verifying the reliability of the transportation of energy, providing access to the buyer to the energy information stored in a data base connected to the processor to assist the buyer in negotiating for the transportation of energy, and communicating the acceptance by the buyer to the energy supplier and to the transmission supplier. The method can further include the steps of sending invoices for the transmission of energy and paying the energy supplier and the transmission supplier for the transmission.

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Patent Owner(s)

  • DOMINION RESOURCES, INC.

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Mistr, Jr Alfred F Chesterfield County, VA 2 155

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