ALEXANDRIA, Va., April 21 -- United States Patent no. 12,608,742, issued on April 21, was assigned to HITACHI LTD. (Tokyo).

"Power transaction system and program" was invented by Mingyu Jo (Tokyo), Yoshikazu Ishii (Tokyo) and Nao Saito (Tokyo).

According to the abstract* released by the U.S. Patent & Trademark Office: "A power trading system includes: a matching-related data acquiring unit that acquires demand bid information and supply bid information, the demand bid information and the supply bid information each being given a priority level; an appearance rate prediction unit that obtains a predicted appearance rate of the demand bid information and that of the supply bid information; an agreement rate prediction unit that obtains a pr...