US Patent Issued to Mitsubishi Electric Research Laboratories on March 24 for "Stochastic bidding strategy for virtual power plants with mobile energy storages" (Massachusetts, Nebraska Inventors)

ALEXANDRIA, Va., March 24 -- United States Patent no. 12,586,127, issued on March 24, was assigned to Mitsubishi Electric Research Laboratories Inc. (Cambridge, Mass.).

"Stochastic bidding strategy for virtual power plants with mobile energy storages" was invented by Hongbo Sun (Lexington, Mass.) and Dongliang Xiao (Lincoln, Neb.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for allocating energy including distributing and receiving energy using a mobile energy storage (MEES) system at locations of a power supplier in an energy market system by a user. Determine allocating amounts of energy for the MEES system and for each time interval for all time intervals for an upcoming operating ti...