A Society of Devices: Integrating Intelligent Distributed Resources with Transactive Energy
Secure, Clean and Efficient Energy is one of the great societal challenges of our time. Electricity as a sustainable energy carrier plays a central role in the most effective transition scenarios towards sustainability. To harness this potential, the current electricity infrastructure needs to be rigorously re-engineered into an integrated and intelligent electricity system: the smart grid. Key elements of the smart grid vision are the coordination mechanisms. In such a system, vast numbers of devices, currently just passively connected to the grid, will become actively involved in system-wide and local coordination tasks. In this light, transactive energy (TE) is emerging as a strong contender for orchestrating the coordinated operation of so many devices.
- Research Organization:
- Pacific Northwest National Lab. (PNNL), Richland, WA (United States)
- Sponsoring Organization:
- USDOE
- DOE Contract Number:
- AC05-76RL01830
- OSTI ID:
- 1257512
- Report Number(s):
- PNNL-SA-115748; TE1201000
- Journal Information:
- IEEE Power & Energy Magazine, Vol. 14, Issue 3; ISSN 1540-7977
- Publisher:
- IEEE
- Country of Publication:
- United States
- Language:
- English
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