Community-Based Transactive Coordination Mechanism for Enabling Grid Edge Systems

Conference · Fri Mar 22 04:00:00 EDT 2024

DOI:https://doi.org/10.1109/TPEC60005.2024.10472237· OSTI ID:2440176

Theisen, John ^[1]; Bose, Anjan ^[1]; Mukherjee, Monish ^[2]; Burgess, Dan ^[3]; Wilhelm, Kenneth ^[4]; Diedesch, Michael ^[5]

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1. Washington State University
2. BATTELLE (PACIFIC NW LAB)
3. Project Collaborator
4. Avista Corporation, Spokane,
5. Avista Corporation

The changing landscape of the electricity industry, characterized by a surge in distributed energy resources (DERs) and proactive customers, necessitates practical solutions for coordinated operations especially at the distribution-level. This paper introduces a community-based transactive coordination mechanism designed to incentivize customers for providing localized and system-level services reflected through real-time prices. The work presents a bidding approach for communities with DERs, such as solar photovoltaic (PV) and battery energy storage systems (BESS), to formulate their price-responsiveness for retail energy coordination, emphasizing a community-centric model. By sending bidding curves to a third-party, the mechanism enables customers with DER assets to actively participate in localized coordination with the load serving entity (LSE), thereby supplementing each other’s and even the utilities needs through a shared energy economy. The proposed transactive mechanism is implemented leveraging a co-simulation framework that integrates a distribution grid simulator and Python-based agents for performance evaluation. Collaboration with a local utility to access real distribution feeder models and consumption profiles yields simulation results demonstrating the potential to reduce costs by 12\% for communities with DERs like PV and BESS.

• Research Organization: Pacific Northwest National Laboratory (PNNL), Richland, WA (United States)
• Sponsoring Organization: USDOE
• DOE Contract Number: AC05-76RL01830
• OSTI ID: 2440176
• Report Number(s): PNNL-SA-193606
• Country of Publication: United States
• Language: English

Related Subjects

Community-based coordination
grid-edge systems
Retail electricity market
shared energy economy
transactive energy systems