John Andrew Ellis

Title: The Innovations of John Andrew Ellis in Demand Response Management and Transition Probability Matrices

Introduction

John Andrew Ellis, an accomplished inventor from Niskayuna, NY, holds a total of four patents that reflect his innovative approach to technology and problem-solving in the fields of demand response management and financial modeling. His contributions have significantly impacted utility networks and predictive analytics.

Latest Patents

One of his latest patents, titled "Method and system for demand response management in a network," focuses on controlling demand events within a utility network that includes multiple customer sites. This innovative method involves calculating the value of a demand response parameter threshold based on the available demand response events and the remaining opportunities. By analyzing utility objectives such as cost savings and reliability, this system determines whether to call for a demand response event or to defer it for future use.

Another notable patent, "Methods and systems for generating transition probability matrices through an optimization framework," introduces an optimized approach to generating transition probability matrices. This method utilizes a computer system connected to a database, where it stores financial data, including obligor credit ratings. The process includes generating empirical transition probability matrices for selected time horizons and employing a mathematical model to derive the optimized transition probability matrix (OTPM). This advancement enhances the ability to predict changes in credit ratings over specific time intervals.

Career Highlights

Throughout his career, John has made significant strides in the corporate world, notably working with well-respected organizations such as General Electric Capital Corporation and General Electric Company. His involvement in these companies has provided him with valuable insights and experience in his fields of expertise.

Collaborations

John has collaborated with notable colleagues such as Kete Chalermkraivuth and Rajesh Venkat Subbu. These partnerships have contributed to the richness of ideas and innovations that stem from his projects, highlighting the value of teamwork in the inventive process.

Conclusion

John Andrew Ellis's contributions to the domains of demand response management and financial modeling demonstrate his commitment to innovation and advancement. With his four patents, he has illustrated the profound impact that one inventor can have on improving technology and providing solutions to complex challenges in industry. His work continues to influence future developments in these vital areas.